Shout-out to @Manta_DAO for accumulating stATOM.
17 Aug 2023, 12:20
Shout-out to @Manta_DAO for accumulating stATOM š„
The DAO holds $65K of stATOM/MANTA liquidity, which is deployed to the Bow AMM, which in turn makes the liquidity available on @TeamKujira 's Fin order book.
š
Very smart system.
Notably, Manta chose to accumulate stATOM - not regular unstaked ATOM. Probably because Manta didn't want to miss out on their ATOM staking rewards!
Makes a lot of sense to have stATOM liquidity on Kujira's order book, seeing as stATOM is the most popular collateral token backing Kujira's $USK stablecoin.
š
Lots of cool things happening on Kujira š