diff --git a/entities/internet-finance/deans-list.md b/entities/internet-finance/deans-list.md
index b25e8caa..d885cf05 100644
--- a/entities/internet-finance/deans-list.md
+++ b/entities/internet-finance/deans-list.md
@@ -47,3 +47,5 @@ Topics:
 ## Timeline
 
 - **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase
+
+- **2024-06-08** — [[islanddao-reward-waterloo-blockchain-club]] passed: Allocated 1M $DEAN tokens to University of Waterloo Blockchain Club with 5% FDV increase condition
\ No newline at end of file
diff --git a/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md b/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md
new file mode 100644
index 00000000..0826fc79
--- /dev/null
+++ b/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md
@@ -0,0 +1,39 @@
+---
+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 to University of Waterloo Blockchain Club to foster collaboration and attract talent"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
+
+## Summary
+This proposal allocated 1 million $DEAN tokens (equivalent to 1,300 USDC at the time) to the University of Waterloo Blockchain Club. The stated goals were to strengthen partnership with the 200-member student organization, attract skilled blockchain talent to the DAO ecosystem, and increase participation in governance. The proposal passed with a success condition requiring a 5% increase in the DAO's fully diluted valuation (FDV) over a 5-day trading period.
+
+## Market Data
+- **Outcome:** Passed
+- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
+- **Token Allocation:** 1,000,000 $DEAN (~1,300 USDC)
+- **DAO FDV at Proposal:** $115,655
+- **Required FDV Increase:** $5,783 (5%)
+- **Trading Period:** 5 days
+- **Completed:** 2024-06-11
+
+## Significance
+This represents an early example of futarchy-governed grant allocation where the market mechanism enforced an explicit ROI condition. The proposal's economic model calculated that each of the 200 students needed to contribute activities increasing FDV by approximately $28.92 to justify the expenditure, projecting a benefit-to-cost ratio of $4.45 per dollar spent. The proposal demonstrates how futarchy can apply market discipline to traditionally subjective partnership and community-building decisions.
+
+## Relationship to KB
+- [[deans-list]] - parent organization governance decision
+- [[futardio]] - platform used for decision market
+- [[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
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..a999455c 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: "Source is a futarchy governance proposal for grant allocation. Primary extraction is the decision_market entity documenting the proposal structure and outcome. No novel claims about futarchy mechanisms - the proposal uses standard MetaDAO/Futardio architecture already documented in KB. The economic model (benefit-per-dollar calculation, per-student FDV contribution) is specific to this proposal's justification, not a generalizable mechanism insight. Key facts preserved in source archive for reference."
 ---
 
 ## 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
+- IslandDAO (Dean's List DAO) had FDV of $115,655 on 2024-06-08
+- 1M $DEAN tokens valued at 1,300 USDC on 2024-06-08
+- University of Waterloo Blockchain Club has 200 student members
+- Proposal required 5% FDV increase ($5,783) over 5-day trading period
+- Proposal passed and completed 2024-06-11