diff --git a/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md b/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md new file mode 100644 index 00000000..25423b04 --- /dev/null +++ b/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md @@ -0,0 +1,43 @@ +--- +type: entity +entity_type: decision_market +name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens" +domain: internet-finance +status: passed +parent_entity: "[[deans-list]]" +platform: "futardio" +proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" +proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc" +proposal_date: 2024-06-08 +resolution_date: 2024-06-11 +category: "grants" +summary: "Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 student contributors with 5% FDV increase condition" +tracked_by: rio +created: 2026-03-11 +--- + +# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens + +## Summary +Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal was structured as a conditional grant requiring a 5% increase in The Dean's List DAO's fully diluted valuation (from $115,655 to $121,438) measured over a 5-day trading period. The proposal passed, indicating market confidence that student engagement would drive sufficient value creation. + +## Market Data +- **Outcome:** Passed +- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz +- **Trading Period:** 5 days (2024-06-08 to 2024-06-11) +- **Grant Amount:** 1,000,000 $DEAN tokens ($1,300 USDC equivalent) +- **Success Condition:** 5% FDV increase ($5,783 increase required) +- **Target Participants:** 200 University of Waterloo Blockchain Club members +- **Estimated ROI:** $4.45 benefit per dollar spent (based on proposal model) + +## Significance +This proposal demonstrates futarchy-governed talent acquisition and community grants. Rather than a simple token distribution, the proposal structured the grant as a conditional bet on whether university partnership would increase DAO valuation. The pass condition required measurable market impact (5% FDV increase) within a defined timeframe, making the grant accountable to token price performance rather than subjective governance approval. + +The proposal's economic model calculated that each of 200 students needed to contribute activities worth ~$28.92 in FDV increase to justify the $1,300 investment. The market's decision to pass suggests traders believed student engagement (dApp reviews, testing, social promotion, development) would exceed this threshold. + +This represents an early experiment in using futarchy for partnership and grant decisions, where traditional DAOs would use token-weighted voting without price accountability. + +## Relationship to KB +- [[deans-list]] - parent organization making the grant decision +- [[futardio]] - platform enabling the conditional market governance +- [[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 used for this decision diff --git a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md index 1a8ebb66..efb7c21c 100644 --- a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md +++ b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd date: 2024-06-08 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Factual proposal data extracted to decision_market entity. No novel claims about futarchy mechanisms beyond what's already captured in existing KB claims about MetaDAO's Autocrat implementation and futarchy-governed grants. The proposal's economic model ($4.45 benefit per dollar) is self-reported projection, not verified outcome data." --- ## Proposal Details @@ -106,3 +110,11 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo - Autocrat version: 0.3 - Completed: 2024-06-11 - Ended: 2024-06-11 + + +## Key Facts +- The Dean's List DAO FDV was $115,655 at proposal time (2024-06-08) +- 1 million $DEAN tokens equaled $1,300 USDC at proposal time +- University of Waterloo Blockchain Club had 200 student members +- Proposal required 5% FDV increase ($5,783) over 5-day trading period +- Proposal passed on 2024-06-11