Merge pull request 'rio: extract claims from 2024-02-20-futardio-proposal-develop-multi-option-proposals' (#731) from extract/2024-02-20-futardio-proposal-develop-multi-option-proposals into main
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entities/internet-finance/agrippa.md
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entities/internet-finance/agrippa.md
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---
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type: entity
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entity_type: person
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name: "agrippa"
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domain: internet-finance
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status: active
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role: "developer"
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affiliations:
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- "Solana Labs (Realms frontend lead, 2023-2024)"
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- "MetaDAO (contributor)"
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key_contributions:
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- "Led development on Solana governance-ui (Realms)"
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- "Created first conditional tokens vault on Solana (Precog Party, FTX grant-funded)"
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- "Proposed multi-modal proposals for MetaDAO"
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tracked_by: rio
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created: 2026-03-11
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---
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# agrippa
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## Overview
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agrippa is a Solana developer who led Realms frontend development at Solana Labs and built the first conditional tokens vault on Solana. He proposed expanding MetaDAO's futarchy implementation to support multi-option proposals in February 2024 (proposal failed). Background includes founding a high-school blockchain club in 2014, research at Cornell's Initiative for Cryptocurrency and Contracts, and attendance at a 2017 smart contract summit in China.
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## Timeline
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- **2014** — Founded one of the first high-school blockchain clubs globally
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- **2017** — Invited to smart contract summit in China for Sybil resistance work
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- **~2022** — Developed first conditional tokens vault on Solana (Precog Party, FTX grant-funded)
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- **2023-2024** — Led development on governance-ui (Realms frontend) for Solana Labs
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- **2024-02-20** — Proposed multi-modal proposals feature to MetaDAO for 200 META (failed)
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- **2024-12** — Met Proph3t in Greece, discussed futarchy implementation
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## Relationship to KB
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- [[metadao]] - proposed mechanism expansion
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- 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 - contributed to conditional vault design review
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---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Develop Multi-Option Proposals?"
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domain: internet-finance
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status: failed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "agrippa"
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proposal_url: "https://www.futard.io/proposal/J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht"
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proposal_date: 2024-02-20
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resolution_date: 2024-02-25
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category: "mechanism"
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summary: "Proposal to develop multi-modal proposal functionality allowing multiple mutually-exclusive outcomes beyond binary pass/fail, compensated at 200 META across four milestones"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Develop Multi-Option Proposals?
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## Summary
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Proposal by agrippa to build multi-modal proposal functionality for MetaDAO, enabling decisions with N mutually-exclusive outcomes rather than just pass/fail. The feature would allow futarchic selection among alternatives (e.g., choosing contest winners from multiple applicants). Compensation requested: 200 META distributed across four development milestones, evaluated by a 5-member multisig.
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## Market Data
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- **Outcome:** Failed
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- **Proposer:** agrippa (99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX)
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- **Proposal Account:** J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht
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- **Created:** 2024-02-20
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- **Completed:** 2024-02-25
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## Significance
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This proposal represents a significant architectural expansion of MetaDAO's futarchy implementation. Multi-option proposals address a fundamental limitation: binary pass/fail cannot handle selection among alternatives, which is required for many governance decisions (hiring, grants, strategic choices). The proposer estimated this would add 12.1% value to MetaDAO by exponentially increasing decision-making bandwidth and providing a mechanism to reduce pork-barrel spending through mandatory draft stages where alternatives can be proposed.
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The proposal failed despite strong technical rationale, suggesting either market skepticism about the value proposition, concerns about the proposer's ability to deliver, or insufficient liquidity/participation in the decision market.
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## Technical Approach
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The proposal outlined a from-scratch multi-modal conditional vault program with no hard limits on number of outcomes, requiring deep Solana/Anchor expertise. Four milestones: (1) immediate payment on passage, (2) conditional vault completion, (3) futarch integration, (4) frontend implementation. A 5-member multisig (Proph3t, DeanMachine, 0xNallok, LegalizeOnionFutures, sapphire) would evaluate milestone completion.
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## Relationship to KB
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- [[metadao]] - governance mechanism expansion
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- futarchy-implementations-must-simplify-theoretical-mechanisms-for-production-adoption-because-original-designs-include-impractical-elements-that-academics-tolerate-but-users-reject - demonstrates specific simplification need
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- 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 - architectural evolution
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@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHh
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date: 2024-02-20
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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enrichments_applied: ["futarchy-implementations-must-simplify-theoretical-mechanisms-for-production-adoption-because-original-designs-include-impractical-elements-that-academics-tolerate-but-users-reject.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md", "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.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Failed proposal for multi-modal futarchy functionality. Primary extraction value is in enriching existing mechanism claims about futarchy implementation complexity and architectural evolution. Created decision_market entity and person entity for agrippa (significant contributor to Solana governance infrastructure). No novel claims warranted - the proposal articulates known challenges (complexity, liquidity) rather than introducing new theoretical insights."
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---
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## Proposal Details
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@ -107,3 +112,13 @@ I would be very excited to join this futarchic society as a major techinical con
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- Autocrat version: 0.1
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- Completed: 2024-02-25
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- Ended: 2024-02-25
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## Key Facts
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- MetaDAO circulating supply was 14,416 META as of 2024-02-20
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- Multi-modal proposal compensation requested: 200 META across 4 milestones (50 META each)
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- Milestone evaluation multisig: Proph3t, DeanMachine, 0xNallok, LegalizeOnionFutures, sapphire (3/5 threshold)
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- Multisig members compensated 2.5 META each upon passage
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- Proposal account: J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht
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- Proposer wallet: 99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX
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- agrippa's estimated value add: 12.1% to MetaDAO (1744 META equivalent at time of proposal)
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