diff --git a/entities/internet-finance/coal-lets-get-futarded.md b/entities/internet-finance/coal-lets-get-futarded.md new file mode 100644 index 000000000..bce6a1baf --- /dev/null +++ b/entities/internet-finance/coal-lets-get-futarded.md @@ -0,0 +1,80 @@ +--- +type: entity +entity_type: decision_market +name: "coal: Let's get Futarded" +domain: internet-finance +status: passed +parent_entity: "[[coal]]" +platform: "futardio" +proposer: "HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC" +proposal_url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA" +proposal_date: 2025-10-15 +resolution_date: 2025-10-18 +category: "treasury" +summary: "Approved META holder airdrop, supply expansion to 25M COAL, Development Fund establishment, and v0.6 DAO migration" +tracked_by: rio +created: 2026-03-11 +key_metrics: + proposal_number: 3 + proposal_length: "3 days" + airdrop_total: "971,880 COAL" + dev_fund_total: "3,028,120 COAL" + supply_increase: "4,000,000 COAL" + eligible_wallets: 2314 + airdrop_per_wallet: "420 COAL" +--- + +# coal: Let's get Futarded + +## Summary +Proposal to onboard MetaDAO community through airdrop, expand COAL supply for development funding, and establish transparent Development Fund with governance guardrails. Passed on 2025-10-18, enabling migration to v0.6 DAO governance structure. + +## Market Data +- **Outcome:** Passed +- **Proposer:** HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC +- **Proposal Account:** 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA +- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG +- **Autocrat Version:** 0.3 +- **Duration:** 3 days (2025-10-15 to 2025-10-18) + +## Proposal Components + +### 1. META Holder Airdrop +- **Eligibility:** All META holders at snapshot (October 12, 2025) holding ≥$100 notional value +- **Amount:** 420 COAL per eligible wallet +- **Total Recipients:** 2,314 wallets +- **Total Airdrop:** 971,880 COAL + +### 2. Supply Expansion +- **Previous Supply:** 21,000,000 COAL +- **New Supply:** 25,000,000 COAL +- **One-time Increase:** 4,000,000 COAL +- **Breakdown:** + - 971,880 COAL → Airdrop + - 3,028,120 COAL → Development Fund +- **Mining Emissions:** Unchanged + +### 3. Development Fund Structure +- **Purpose:** Protocol development, futarchy experiments, community contributions, tooling, integrations, marketing, liquidity seeding +- **Manager:** DAO treasury +- **Monthly Disbursement Cap:** 30,000 COAL to Grant (lead dev) +- **Large Grant Threshold:** Any single use >69,000 COAL requires separate decision market +- **Transparency:** Public ledger, monthly forum reports, verified addresses +- **Liquidity Bootstrap:** OTC buyer lined up to purchase portion of Dev Fund; proceeds seed futarchy AMM + +### 4. v0.6 DAO Governance Migration +- **TWAP Delay:** 1 day +- **Minimum Liquidity:** 1,500 USDC, 2,000 COAL +- **Pass Threshold:** 100 bps +- **Required Stake:** 10,000 COAL +- **Proposal Length:** 3 days + +## Significance +This proposal represents a complete governance maturation for coal, transitioning from informal coordination to structured futarchy with treasury management, transparent fund disbursement, and formal proposal mechanisms. The META holder airdrop creates cross-pollination between MetaDAO and coal communities, while the Development Fund provides sustainable runway without relying on continuous token sales. The v0.6 migration establishes coal as a "real" DAO with full futarchy infrastructure. + +## Relationship to KB +- [[coal]] — parent entity +- [[MetaDAO]] — airdrop targets META holders +- [[futardio]] — governance platform +- [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — exemplifies supply expansion for treasury funding +- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — Development Fund guardrails demonstrate this convergence \ No newline at end of file diff --git a/entities/internet-finance/coal.md b/entities/internet-finance/coal.md new file mode 100644 index 000000000..867949645 --- /dev/null +++ b/entities/internet-finance/coal.md @@ -0,0 +1,35 @@ +--- +type: entity +entity_type: company +name: "coal" +domain: internet-finance +status: active +tracked_by: rio +created: 2026-03-11 +key_metrics: + total_supply: "25,000,000 COAL (post-expansion)" + initial_supply: "21,000,000 COAL" + supply_increase: "4,000,000 COAL (one-time)" + airdrop_allocation: "971,880 COAL" + dev_fund_allocation: "3,028,120 COAL" + eligible_wallets: 2314 + airdrop_amount_per_wallet: "420 COAL" + min_meta_holding: "$100 USD notional" + snapshot_date: "2025-10-12" + monthly_disbursement_cap: "30,000 COAL" + large_grant_threshold: "69,000 COAL" +--- + +# coal + +$coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana post-Ore transition. The project operates through minechain.gg and transitioned to v0.6 DAO governance with futarchy AMM, DAO treasury, and structured proposal mechanisms. + +## Timeline +- **2025-10-12** — Snapshot taken for $META holder airdrop eligibility (2,314 wallets holding ≥$100 META) +- **2025-10-15** — [[coal-lets-get-futarded]] proposal created: one-time airdrop of 420 $coal per eligible META holder, supply expansion from 21M to 25M tokens, and establishment of Development Fund with 3,028,120 COAL allocation +- **2025-10-18** — [[coal-lets-get-futarded]] passed: approved airdrop, supply increase, Development Fund with monthly 30K COAL disbursement cap to lead dev Grant, and migration to v0.6 DAO governance with futarchy AMM + +## Relationship to KB +- [[futardio]] — governance platform +- [[MetaDAO]] — ecosystem relationship through META holder airdrop +- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies futarchy memecoin model \ No newline at end of file diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..3730be462 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -46,6 +46,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status +- **2025-10-15** — [[coal-lets-get-futarded]] proposal created on Futardio platform +- **2025-10-18** — [[coal-lets-get-futarded]] passed: coal DAO approved META holder airdrop (971,880 COAL to 2,314 wallets), supply expansion to 25M tokens, Development Fund establishment (3,028,120 COAL), and migration to v0.6 governance ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms." diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae5600..047b0f851 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -54,6 +54,8 @@ 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 +- **2025-10-12** — coal DAO takes snapshot of META holders for airdrop eligibility (2,314 wallets holding ≥$100 META) +- **2025-10-18** — coal DAO airdrop approved: 420 COAL per eligible META holder (971,880 COAL total), creating cross-community alignment between MetaDAO and coal ecosystems ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md b/inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md index c833caeae..bad3feae5 100644 --- a/inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md +++ b/inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLb date: 2025-10-15 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: "Extracted coal as new entity (futarchy-governed PoW memecoin on Solana), created decision_market entity for the governance proposal, and added timeline entries to futardio and metadao. No new claims extracted — this is primarily factual governance data documenting a treasury/airdrop decision. The proposal demonstrates existing patterns (supply expansion for treasury funding, development fund guardrails) rather than introducing novel mechanisms or insights." --- ## Proposal Details @@ -97,3 +101,12 @@ Voting - Autocrat version: 0.3 - Completed: 2025-10-18 - Ended: 2025-10-18 + + +## Key Facts +- coal total supply expanded from 21M to 25M tokens (one-time increase of 4M) +- 2,314 META holder wallets eligible for 420 COAL airdrop (snapshot 2025-10-12) +- Development Fund allocated 3,028,120 COAL with 30K monthly disbursement cap +- v0.6 DAO parameters: 1-day TWAP delay, 1500 USDC + 2000 COAL min liquidity, 100 bps pass threshold, 10K COAL stake requirement, 3-day proposals +- coal is the only PoW coin on Solana post-Ore transition +- Proposal passed 2025-10-18 after 3-day voting period