rio: extract from 2025-02-13-futardio-proposal-fund-the-drift-working-group.md
- Source: inbox/archive/2025-02-13-futardio-proposal-fund-the-drift-working-group.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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---
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type: entity
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entity_type: decision_market
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name: "Drift: Fund The Drift Working Group?"
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domain: internet-finance
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status: passed
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parent_entity: "[[drift]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR"
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proposal_date: 2025-02-13
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resolution_date: 2025-02-16
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category: "grants"
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summary: "Proposal to establish community-run Drift Working Group with 50,000 DRIFT funding for 3-month trial period"
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tracked_by: rio
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created: 2026-03-11
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---
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# Drift: Fund The Drift Working Group?
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## Summary
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Proposal to establish the Drift Working Group (DWG), a community-run initiative modeled on successful Solana ecosystem working groups. The proposal requested 50,000 DRIFT tokens to fund initial setup and 3 months of operation focused on content creation, community activation, and educational development. The working group would operate independently with initial collaboration from the Drift core team.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Created:** 2025-02-13
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- **Completed:** 2025-02-16
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- **Proposal Account:** 6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR
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- **DAO Account:** 8ABcEC2SEaqi1WkyWGtd2QbuWmkFryYnV1ispBUSgY2V
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## Structure
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- **Leadership:** Socrates (3+ years crypto marketing expertise)
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- **Team Size:** Lead + 4 working group members
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- **Monthly Budget:** 15,400 DRIFT (5,000 for lead, 2,600 per member)
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- **Additional Initiatives:** 3,800 DRIFT allocated
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- **Governance:** 2/3 multisig wallet (working group lead + two Drift team members)
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- **Launch Target:** End of February 2025
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## Key Activities
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- Content creation across multiple mediums (tweets, videos)
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- Community activation through "Community Rituals" (live-streamed trading sessions, community takeovers)
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- Educational materials for new users and complex features
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## Success Metrics
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- Creation of new community initiatives
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- Increased engagement on X (impressions, replies)
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- Increased community participation in Discord
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## Significance
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Demonstrates futarchy-governed community grants for ecosystem development. The working group model represents an experimental approach to decentralized community building with defined trial period and performance tracking. Any unused budget would be returned to the DAO.
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## Relationship to KB
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- [[drift]] - parent entity receiving governance decision
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- [[futardio]] - platform hosting the futarchy decision
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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]] - governance mechanism used
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@ -37,6 +37,7 @@ Perpetuals DEX on Solana — one of the largest decentralized derivatives platfo
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- **2024-12-19** — AI Agents Grants program: 50K DRIFT for trading, yield, info, and social agents
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- **2025-02-13** — Drift Working Group funded via futarchy
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- **2025-02-13** — [[drift-fund-the-drift-working-group]] passed: 50,000 DRIFT approved for 3-month community working group trial led by Socrates
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## Competitive Position
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- **Futarchy validation**: Drift using MetaDAO's governance system is the strongest external validation signal — a major protocol choosing futarchy over traditional token voting for real treasury decisions.
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- **Future leverage threat**: Drift listing META perps would directly compete with OmniPair for leverage demand. This is OmniPair's identified "key vulnerability" — the moat is temporary.
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7w
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date: 2025-02-13
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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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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Governance proposal for community working group funding. No novel mechanism insights - standard futarchy-governed grant proposal. Entity extraction only: created decision_market entity and updated parent Drift entity timeline."
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---
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## Proposal Details
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@ -94,3 +98,12 @@ The DWG will be led by Socrates, bringing 3+ years of crypto marketing expertise
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- Autocrat version: 0.3
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- Completed: 2025-02-16
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- Ended: 2025-02-16
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## Key Facts
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- Drift Working Group proposal requested 50,000 DRIFT tokens for 3-month trial (2025-02-13)
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- Monthly budget breakdown: 5,000 DRIFT for lead, 2,600 DRIFT per team member, 3,800 DRIFT for initiatives
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- Working group led by Socrates with 3+ years crypto marketing experience
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- Proposal passed 2025-02-16 after 3-day voting period
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- Governance structure: 2/3 multisig wallet (lead + two Drift team members)
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- Success metrics: community initiative creation, increased X engagement, increased Discord participation
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