---
type: decision
entity_type: decision_market
name: "Coal: Cut emissions by 50%?"
domain: internet-finance
status: passed
parent_entity: "[[coal]]"
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://v1.metadao.fi/coal/trade/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
tracked_by: rio
created: 2026-03-11
---

# Coal: Cut emissions by 50%?

## Summary
This proposal halved the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from approximately 110% to 56%. The proposal also established a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original post-launch schedule that was intended as temporary.

## Market Data
- **Outcome:** Passed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
- **Proposal Number:** 1
- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- **Autocrat Version:** 0.3

## Significance
This represents Coal's first major governance decision using futarchy to manage token economics. The proposal demonstrates futarchy being used for dynamic monetary policy adjustment rather than one-time decisions. By establishing bi-monthly decision markets for emission rates, Coal is implementing continuous governance over a critical economic parameter.

The original emission schedule included automatic halvings at 5% circulating supply increases, but this was explicitly temporary. Moving to market-governed adjustments represents a shift from algorithmic to futarchic monetary policy.

## Relationship to KB
- [[coal]] - parent entity, first major governance decision
- [[futardio]] - platform hosting the decision market
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism concept

## Full Proposal Text

*Source: futard.io, tabled 2024-11-13*

Under the current schedule, the target emission rate halves with each 5% increase in the circulating supply. Following six halvings, the current emission target is 15.625 per minute (22,500 per day), resulting in an approximate annual inflation rate of 110%.

According to this schedule, the next halving will occur at a circulating supply of 7,350,000, lowering the emission target to 7.8125 per minute (11,250 per day) and reducing the annual inflation rate to about 56%.

This schedule was initially established after launch as a temporary framework and was never intended to be a long-term solution.

Moving forward, we'll conduct bi-monthly decision markets to guide adjustments to the emission rate.

**Details:**
If this proposal passes, the emission rate will be fixed at a target of 7.8125 per minute. If it fails, the rate will remain at the current target of 15.625 per minute.

A follow-up decision market will be held in early January, approximately two months from now, to determine the next rate adjustment.
