diff --git a/entities/internet-finance/ben-hawkins.md b/entities/internet-finance/ben-hawkins.md new file mode 100644 index 00000000..61bce856 --- /dev/null +++ b/entities/internet-finance/ben-hawkins.md @@ -0,0 +1,21 @@ +--- +type: entity +entity_type: person +name: "Ben Hawkins" +domain: internet-finance +status: active +tracked_by: rio +created: 2026-03-11 +--- + +# Ben Hawkins + +## Overview +Ben Hawkins is a participant in the Solana DeFi ecosystem who engaged with MetaDAO's futarchy governance system in early 2024, proposing an OTC trade for META tokens. + +## Timeline +- **2024-02-13** — Proposed $50,000 USDC OTC trade to MetaDAO for 1,500 META tokens at $33.33/token; proposal failed + +## Relationship to KB +- [[metadao]] - proposed OTC trade +- [[metadao-otc-trade-ben-hawkins]] - governance proposal diff --git a/entities/internet-finance/metadao-otc-trade-ben-hawkins.md b/entities/internet-finance/metadao-otc-trade-ben-hawkins.md new file mode 100644 index 00000000..f5cff7c5 --- /dev/null +++ b/entities/internet-finance/metadao-otc-trade-ben-hawkins.md @@ -0,0 +1,38 @@ +--- +type: entity +entity_type: decision_market +name: "MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins" +domain: internet-finance +status: failed +parent_entity: "[[metadao]]" +platform: "futardio" +proposer: "Ben Hawkins" +proposal_url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK" +proposal_date: 2024-02-13 +resolution_date: 2024-02-18 +category: "treasury" +summary: "Ben Hawkins proposed minting 1,500 META tokens in exchange for $50,000 USDC to MetaDAO treasury at $33.33 per META" +tracked_by: rio +created: 2026-03-11 +--- + +# MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins + +## Summary +Ben Hawkins proposed to mint 1,500 META tokens to his wallet in exchange for sending $50,000 USDC to MetaDAO's treasury, valuing META at $33.33 per token. The proposal was rejected by the futarchy markets. + +## Market Data +- **Outcome:** Failed +- **Proposer:** Ben Hawkins +- **Proposal Account:** US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK +- **Proposal Number:** 6 +- **Created:** 2024-02-13 +- **Completed:** 2024-02-18 +- **Ended:** 2024-02-18 + +## Significance +This represents an early OTC treasury trade proposal on MetaDAO's futarchy platform. The market rejection suggests either unfavorable pricing ($33.33/META) or concerns about direct token minting for treasury funding. This proposal preceded a similar failed proposal with Pantera Capital, indicating MetaDAO's futarchy markets were actively filtering treasury deals during this period. + +## Relationship to KB +- [[metadao]] - governance decision +- [[futardio]] - platform used for decision market diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..22d03ac5 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2026-03** — Pine Analytics Q4 2025 quarterly report published - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets +- **2024-02-13** — [[metadao-otc-trade-ben-hawkins]] failed: Ben Hawkins proposed $50K USDC for 1,500 META at $33.33/token, rejected by futarchy markets ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md b/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md index 778b1330..7d111f0a 100644 --- a/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md +++ b/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK date: 2024-02-13 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 with no novel mechanism insights. Created decision_market entity for the proposal, updated MetaDAO timeline, and created Ben Hawkins person entity. No claims extracted as this is purely transactional data with no arguable propositions about futarchy mechanics or governance dynamics beyond what's already captured in existing claims about MetaDAO's OTC trade patterns." --- ## Proposal Details @@ -51,3 +55,12 @@ in exchange for Ben will send 50,000 USDC to be sent to ADCCEAbH8eixGj5t73vb4sKe - Autocrat version: 0.1 - Completed: 2024-02-18 - Ended: 2024-02-18 + + +## Key Facts +- Ben Hawkins proposed minting 1,500 META for $50,000 USDC on 2024-02-13 +- Proposal valued META at $33.33 per token +- Proposal failed and completed on 2024-02-18 +- Proposal account: US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK +- Target wallet: GxHamnPVxsBaWdbUSjR4C5izhMv2snriGyYtjCkAVzze +- Treasury wallet: ADCCEAbH8eixGj5t73vb4sKecSKo7ndgDSuWGvER4Loy