FAQ

Is there an interest rate?

No. Manna charges only a one-time minting fee (0.5% base) when you borrow solUSD. There is no ongoing interest — your debt does not grow over time.

What is the minimum collateral ratio?

125%. Your collateral must be worth at least 125% of your debt at all times, or your Trove will be liquidated.

What happens if I get liquidated?

Your Trove is closed. The Stability Pool absorbs your debt and receives your collateral. You keep the solUSD you borrowed, but lose your collateral (minus the debt owed). To avoid liquidation, maintain a CR well above 125% — we recommend 150% or higher.

Can I always get my solUSD back?

Yes. solUSD is always redeemable for $1 worth of SOL at face value through the redemption mechanism. This creates a hard price floor.

What is solUSD?

solUSD is the native stablecoin of Manna Protocol. It is soft-pegged to $1 USD, fully backed by SOL collateral, and can be minted by opening a Trove.

What collateral does Manna accept?

SOL only. This is intentional — a single collateral type means a single oracle, simpler risk parameters, and a cleaner protocol overall.

Is Manna audited?

Audits are currently in progress (pre-launch). All contracts will be open source. For responsible disclosure, contact security@manna.finance.

Why build on Solana?

Solana offers low transaction fees and fast finality, making CDP operations (opening, closing, monitoring positions) practical for everyday users — not just whales who can absorb $50 gas fees.