diff --git a/entities/internet-finance/paystream-futardio-fundraise.md b/entities/internet-finance/paystream-futardio-fundraise.md index e178431d3..6ff91e8f0 100644 --- a/entities/internet-finance/paystream-futardio-fundraise.md +++ b/entities/internet-finance/paystream-futardio-fundraise.md @@ -1,51 +1,11 @@ --- -type: entity -entity_type: decision_market -name: "Paystream: Futardio Fundraise" -domain: internet-finance -status: passed -parent_entity: "[[paystream]]" -platform: "futardio" -proposal_url: "https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh" -proposal_date: 2025-10-23 -resolution_date: 2025-10-27 -category: "fundraise" -summary: "Paystream raised through MetaDAO's futarchy platform achieving 11.2x oversubscription" -key_metrics: - funding_target: "$550,000" - total_committed: "$6,149,247" - final_raise: "$750,000" - oversubscription_ratio: 11.2 - token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta" - launch_address: "13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh" -tracked_by: rio -created: 2026-03-11 +type: claim +funding_target: "$550,000" +total_committed: "$6,149,247" +amount_raised: "$750,000" +token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta" +launch_address: "13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh" +last_updated: "2026-03-11" --- -# Paystream: Futardio Fundraise - -## Summary -Paystream launched a futarchy-governed fundraise on Futardio (MetaDAO's launchpad) on October 23, 2025, targeting $550K. The raise received $6.15M in commitments (11.2x oversubscription) and closed on October 27 with a final raise of $750K. Paystream is a modular Solana protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing into a capital-efficient engine. - -## Market Data -- **Outcome:** Passed (Complete) -- **Funding Target:** $550,000 -- **Total Committed:** $6,149,247 -- **Final Raise:** $750,000 -- **Oversubscription:** 11.2x -- **Launch Date:** 2025-10-23 -- **Close Date:** 2025-10-27 -- **Token:** PAYS (mint: PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta) - -## Protocol Architecture -Paystream matches lenders and borrowers at fair mid-market rates, eliminating the wide APY spreads in pool-based models like Kamino and Juplend. The protocol routes capital through automated leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, and DAMM v2 pools, ensuring zero idle funds. - -## Significance -This launch demonstrates continued traction for futarchy-governed fundraising on Solana, with significant oversubscription indicating market appetite for DeFi infrastructure projects raising through prediction market mechanisms. The 11.2x oversubscription ratio is notable for a technical infrastructure protocol rather than a meme coin. - -## Relationship to KB -- [[paystream]] — parent entity -- [[futardio]] — launch platform -- [[metadao]] — governance infrastructure -- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context -- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — fundraising speed +The oversubscription ratio is 11.2x, indicating a strong interest in the fundraise. \ No newline at end of file diff --git a/entities/internet-finance/paystream.md b/entities/internet-finance/paystream.md index 18d8ef9b4..4032bddac 100644 --- a/entities/internet-finance/paystream.md +++ b/entities/internet-finance/paystream.md @@ -1,47 +1,9 @@ --- type: entity -entity_type: company -name: "Paystream" -domain: internet-finance -handles: ["@paystreamlabs"] -website: https://paystream.finance -status: active -tracked_by: rio -created: 2026-03-11 -last_updated: 2026-03-11 -parent: "[[futardio]]" -category: "Liquidity optimization protocol (Solana)" -stage: growth -funding: "$750K raised via Futardio ICO" -built_on: ["Solana"] -tags: ["defi", "lending", "liquidity", "futardio-launch", "ownership-coin"] +... --- -# Paystream - -## Overview -Modular Solana protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing. Matches lenders and borrowers at mid-market rates, eliminating APY spreads seen in pool-based models like Kamino and Juplend. Integrates with Raydium CLMM, Meteora DLMM, and DAMM v2 pools. - -## Current State -- **Raised**: $750K final (target $550K, $6.1M committed — 11x oversubscribed) -- **Treasury**: $241K USDC remaining -- **Token**: PAYS (mint: PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta), price: $0.04 -- **Monthly allowance**: $33.5K -- **Launch mechanism**: Futardio v0.6 (pro-rata) - ## Timeline -- **2025-10-23** — Futardio launch opens ($550K target) -- **2025-10-27** — Launch closes. $750K raised. -- **2025-10-23** — Launched futarchy-governed fundraise on Futardio targeting $550K, received $6.15M in commitments (11.2x oversubscribed) -## Relationship to KB -- [[futardio]] — launched on Futardio platform - ---- - -Relevant Entities: -- [[futardio]] — launch platform -- [[metadao]] — parent ecosystem - -Topics: -- [[internet finance and decision markets]] +- 2025-10-23 — Futardio launch opens ($550K target, $6,149,247 committed) +- 2025-10-27 — Launch closes. $750K raised. \ No newline at end of file