rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/coal-cut-emissions-by-50.md
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entities/internet-finance/coal-cut-emissions-by-50.md
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---
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type: entity
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entity_type: decision_market
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name: "Coal: Cut emissions by 50%?"
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domain: internet-finance
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status: passed
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parent_entity: "[[coal]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
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proposal_date: 2024-11-13
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resolution_date: 2024-11-17
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category: "mechanism"
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summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal: Cut emissions by 50%?
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## Summary
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Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Created:** 2024-11-13
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- **Completed:** 2024-11-17
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- **Proposal Number:** 1
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## Mechanism Details
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The original emission schedule implemented automatic halvings with each 5% increase in circulating supply. After six halvings, the emission target reached 15.625 per minute. Under the old schedule, the next halving would have occurred at 7,350,000 circulating supply.
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The proposal replaces this automatic schedule with market-governed adjustments:
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- **If passed:** Emission rate fixed at 7.8125 per minute
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- **If failed:** Rate remains at 15.625 per minute
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- **Follow-up:** Bi-monthly decision markets starting January 2025
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## Significance
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This represents an early example of using futarchy to govern token economics parameters that directly affect inflation and supply dynamics. The shift from algorithmic halvings to market-governed adjustments tests whether prediction markets can effectively manage monetary policy decisions that have clear winners and losers among stakeholders.
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The bi-monthly cadence establishes a regular governance rhythm for economic parameters, potentially creating a template for other protocols managing emission schedules.
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## Relationship to KB
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- [[coal]] - parent entity (token emission governance)
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- [[futardio]] - platform hosting the decision market
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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]] - mechanism used
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related concept
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entities/internet-finance/coal.md
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entities/internet-finance/coal.md
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---
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type: entity
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entity_type: company
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name: "Coal"
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal
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## Overview
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Coal is a token project on Solana using futarchy-governed emission rate adjustments through the Futardio platform. The project implements bi-monthly decision markets to manage token supply dynamics, replacing algorithmic halving schedules with market-governed monetary policy.
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## Timeline
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- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: halve emission rate from 15.625 to 7.8125 per minute
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- **2024-11-17** - [[coal-cut-emissions-by-50]] passed: emission rate reduced, bi-monthly governance framework established
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## Relationship to KB
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- [[futardio]] - governance platform
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism concept
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWp
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date: 2024-11-13
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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: "Factual governance proposal data. Created two entities: decision_market for the specific proposal and company entity for Coal project. No novel claims about futarchy mechanisms - this is a straightforward application of existing MetaDAO/Futardio infrastructure. The bi-monthly governance cadence is notable but not claim-worthy without evidence of outcomes or comparative analysis."
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---
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## Proposal Details
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@ -66,3 +70,11 @@ A follow-up decision market will be held in early January, approximately two mon
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- Autocrat version: 0.3
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- Completed: 2024-11-17
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- Ended: 2024-11-17
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## Key Facts
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- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation
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- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), reducing annual inflation to ~56%
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- Coal had completed six halvings under original schedule before switching to market-governed adjustments
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- Next automatic halving would have occurred at 7,350,000 circulating supply under old schedule
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- Proposal passed and completed 2024-11-17, four days after creation
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