---
type: entity
entity_type: decision_market
name: "MetaDAO: Develop a Saber Vote Market?"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "Proph3t"
proposal_url: "https://www.futard.io/proposal/GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TYM"
proposal_date: 2023-12-16
resolution_date: 2023-12-22
category: "mechanism"
summary: "Proposal to build a Saber vote market platform funded by $150k consortium, with MetaDAO owning majority stake and earning 5-15% take rate on vote trading volume"
tracked_by: rio
created: 2026-03-11
---

# MetaDAO: Develop a Saber Vote Market?

## Summary
Proposal to build a vote market platform for Saber's veSBR governance token, funded by $150,000 from ecosystem partners (UXD, BlazeStake, LP Finance, Saber). The platform would enable veSBR holders to earn yield by selling their votes, while projects could efficiently purchase liquidity incentives. MetaDAO would retain majority ownership and earn 5-15% take rate on trading volume. Development timeline: 10 weeks with 6 named contributors and structured milestones.

## Market Data
- **Outcome:** Passed
- **Proposer:** Proph3t (metaproph3t)
- **Proposal Account:** GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TYM
- **Completed:** 2023-12-22

## Significance
This proposal demonstrates MetaDAO's pivot from pure launchpad to infrastructure provider for governance mechanisms. The consortium funding model ($150k external capital with MetaDAO retaining majority ownership) shows futarchy enabling multi-stakeholder coordination. Financial projections used Curve and Aura as benchmarks, estimating $1 in yearly vote volume per $50 of protocol TVL, with Saber's $20M TVL implying $400k annual volume and $20-60k annual revenue at 5-15% take rates.

The detailed execution plan (10-week timeline, $62k direct costs, 6 contributors with defined roles and rates, dual audit process) reveals the operational complexity of shipping futarchy-governed products. This contrasts with the theoretical simplicity of conditional markets as a governance primitive.

## Development Team
- Marie (swagy_marie) - UI/UX ($12k)
- Matt (fzzyyti) - Smart contracts ($24k)
- Durden (durdenwannabe) - Platform design & tokenomics ($7k)
- Proph3t (metaproph3t) - Program management ($7k)
- Joe (joebuild) - Audit ($5k)
- r0bre - Audit ($5k)

## Relationship to KB
- [[metadao]] - parent organization, governance decision
- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - mechanism being used
- futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements - demonstrates operational complexity