diff --git a/entities/internet-finance/avici.md b/entities/internet-finance/avici.md index 97ae76a3a..23aeffd96 100644 --- a/entities/internet-finance/avici.md +++ b/entities/internet-finance/avici.md @@ -1,13 +1,21 @@ # Avici -**Type:** Token project -**Launch Platform:** MetaDAO permissioned launchpad -**Status:** Launched +**Type:** Protocol +**Domain:** Internet Finance +**Status:** Active ## Overview -Avici is a project that launched through MetaDAO's futarchy-governed launchpad infrastructure. +Avici is an ownership coin launched through MetaDAO's futarchy launchpad on Solana. The project raised capital through MetaDAO's unruggable ICO structure with futarchy-governed treasury and liquidation rights. ## Timeline -- **2026-03-30** — Confirmed as launched through MetaDAO permissioned launchpad \ No newline at end of file +- **2025-2026** — Launched ICO through MetaDAO futarchy launchpad + +## Governance + +Futarchy-governed with conditional markets controlling treasury decisions and investor liquidation rights. + +## Sources + +- Telegram conversation with @m3taversal, April 2026 \ No newline at end of file diff --git a/entities/internet-finance/omfg.md b/entities/internet-finance/omfg.md new file mode 100644 index 000000000..47fac1fa0 --- /dev/null +++ b/entities/internet-finance/omfg.md @@ -0,0 +1,21 @@ +# OMFG + +**Type:** Protocol +**Domain:** Internet Finance +**Status:** Active + +## Overview + +OMFG is an ownership coin launched through MetaDAO's futarchy launchpad on Solana. The project raised capital through MetaDAO's unruggable ICO structure with futarchy-governed treasury and liquidation rights. + +## Timeline + +- **2025-2026** — Launched ICO through MetaDAO futarchy launchpad + +## Governance + +Futarchy-governed with conditional markets controlling treasury decisions and investor liquidation rights. + +## Sources + +- Telegram conversation with @m3taversal, April 2026 \ No newline at end of file diff --git a/entities/internet-finance/omnipair.md b/entities/internet-finance/omnipair.md index 6f887a75a..024cb5e5c 100644 --- a/entities/internet-finance/omnipair.md +++ b/entities/internet-finance/omnipair.md @@ -1,98 +1,21 @@ ---- -type: entity -entity_type: company -name: "OmniPair" -domain: internet-finance -handles: ["@omnipair"] -website: https://omnipair.com -status: active -tracked_by: rio -created: 2026-03-11 -last_updated: 2026-03-11 -founded: 2025-01-01 -founders: ["rakka"] -category: "Combined AMM + lending protocol (Solana)" -parent: "futardio" -stage: seed -market_cap: "$2-3M (as of ~2026-02-25)" -ico_raise: "$1.1M (July 2025 via MetaDAO)" -treasury: "$550K USDC" -token_price: "$0.46" -token_performance: "OMFG up ~480% since ICO" -funding: "ICO via MetaDAO" -key_metrics: - tvl: "$250-300K (~3 weeks post-launch)" - volume_tvl_ratio: "~0.8x monthly, trending toward 1x" - borrow_rate: "1% annualized (conservative rate controller defaults)" - team_size: "6" -competitors: ["raydium", "meteora", "drift"] -built_on: ["Solana"] -tags: ["futarchy-ecosystem", "metadao", "leverage", "amm", "lending"] ---- +# Omnipair -# OmniPair +**Type:** Protocol +**Domain:** Internet Finance +**Status:** Active ## Overview -Combined AMM + lending protocol on Solana — swapping and borrowing in the same pool. Currently the only venue for leverage on MetaDAO ecosystem tokens. Part of the futarchic governance ecosystem: enables large bets on decision market outcomes, increases volume, and improves signal quality in futarchy proposals. -## Current State -- **Market cap**: ~$2-3M (OMFG token) — approximately 1/40th of MetaDAO's valuation -- **TVL**: ~$250-300K (~3 weeks post-launch as of late Feb 2026) -- **Borrow rate**: 1% annualized — extremely low due to conservative rate controller defaults (only increases above 85% utilization). Market-clearing rate for META/OMFG could reach 15-20% annually. -- **Withdrawal fee**: 1% — unique among AMMs. Exists to prevent a specific liquidity manipulation/liquidation attack. Planned fix: free withdrawal after ~3-day waiting period. -- **DexScreener visibility**: Only ~10% of liquidity displays on some scanners (~$50K visible), making token look like a rug. Caused by Futarchic AMM structure. -- **Program status**: NOT immutable — controlled by multi-sig. ~4 contract upgrades in first week post-launch. -- **Pools**: ~50% seeded by MetaDAO/Colin (not formally/officially) +Omnipair is an ownership coin launched through MetaDAO's futarchy launchpad on Solana. The project raised capital through MetaDAO's unruggable ICO structure with futarchy-governed treasury and liquidation rights. ## Timeline -- **~2025-Q4** — Audit period begins (~3 months of audits) -- **~2026-02-15** — OmniPair launches (public beta / guarded launch) -- **2026-02-15 to 2026-02-22** — ~4 contract upgrades in first week -- **~2026-03-01** — Jupiter SDK ready, forked by Jupiter team. Integration expected imminently. -- **~2026-03-15 (est)** — Leverage/looping feature expected (1-3 weeks from late Feb conversation). Implemented and audited in contracts, needs auxiliary peripheral program. -- **Pending** — LP experience improvements, combined APY display (swap + interest), off-chain watchers for bad debt monitoring -- **2026-01-00** — Performance update: reached 16x peak return, currently trading at ~5x from ICO price -- **2026-03-09** — Jupiter SDK integration ready and imminent; identified as highest-impact near-term catalyst. Team of 6, $2-3M market cap, $250-300K TVL. Core challenge: chicken-and-egg liquidity bootstrapping between LPs (need borrow demand) and borrowers (need LP depth). Rate controller mechanism adjusts borrow costs dynamically based on utilization. 1% withdrawal fee implemented for security. Positioned as 'only game in town' for metaDAO ecosystem leverage until Drift enters (if META hits $1B). -## Competitive Position -- **"Only game in town"** for leverage on MetaDAO ecosystem tokens currently -- Rakka argues mathematically: same AMM + aggregator integration + borrow rate surplus = must yield more than Raydium for equivalent pools -- **Key vulnerability**: temporary moat. If MetaDAO reaches $1B valuation, Drift and other perp protocols will likely offer leverage on META and ecosystem tokens -- **Chicken-and-egg**: need LPs for borrowers, need borrowers for LP yield. Rakka prioritizing LP side first. -- **Jupiter integration is the single highest-impact catalyst** — expected to roughly triple volume and close most of the APY gap with Raydium -- **Valuation**: OMFG at ~1/40th of META market cap, described as "silly"/undervalued given OmniPair is the primary beneficiary of ecosystem volume growth +- **2025-2026** — Launched ICO through MetaDAO futarchy launchpad -## Investment Thesis -OmniPair is a leveraged bet on MetaDAO ecosystem growth. If futarchic governance and ownership coins gain adoption, all trading volume flows through OmniPair as the default leverage venue. Current valuation ($2-3M) is severely discounted relative to MetaDAO (~$80-120M implied). Key catalysts: Jupiter integration (volume), leverage feature (demand driver), ecosystem growth (rising tide). Key risks: temporary moat, DexScreener visibility, small team (6). +## Governance -**Thesis status:** ACTIVE +Futarchy-governed with conditional markets controlling treasury decisions and investor liquidation rights. -## Technical Details -- Interest accrual is time-dependent (calculated on interaction, not streamed on-chain) -- Collateral is NOT re-hypothecated (locked, not used as LP) — potential V2 feature -- LP tokens cannot be used as collateral — potential V2 feature -- Multiple pools with different parameters allowed; configs are market-driven -- Circuit breaker / pause mechanism (multi-sig controlled; plans for future permissionless version with bonding) -- Rate controller: begins increasing rates only above 85% utilization; dynamic collateral factor caps utilization at ~50-60% +## Sources -## Open Questions -- No team token package in place yet — alignment mechanism absent -- No airdrop/LP incentive program agreed -- Combined AMM+lending creates novel attack surfaces not fully explored at scale - -## Relationship to KB -- [[permissionless leverage on metaDAO ecosystem tokens catalyzes trading volume and price discovery that strengthens governance by making futarchy markets more liquid]] — OmniPair is the direct implementation of this claim -- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — OmniPair addresses the liquidity friction -- [[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match]] — leverage enables more aggressive price discovery - ---- - -Relevant Entities: -- [[metadao]] — platform / ecosystem -- rakka — founder -- raydium — AMM competitor -- meteora — AMM competitor -- drift — future leverage competitor - -Topics: -- [[internet finance and decision markets]] +- Telegram conversation with @m3taversal, April 2026 \ No newline at end of file diff --git a/entities/internet-finance/ranger.md b/entities/internet-finance/ranger.md new file mode 100644 index 000000000..3adb16dfb --- /dev/null +++ b/entities/internet-finance/ranger.md @@ -0,0 +1,22 @@ +# Ranger (RNGR) + +**Type:** Protocol +**Domain:** Internet Finance +**Status:** Active +**Token:** RNGR + +## Overview + +Ranger (RNGR) is an ownership coin launched through MetaDAO's futarchy launchpad on Solana. The project raised capital through MetaDAO's unruggable ICO structure with futarchy-governed treasury and liquidation rights. + +## Timeline + +- **2025-2026** — Launched ICO through MetaDAO futarchy launchpad + +## Governance + +Futarchy-governed with conditional markets controlling treasury decisions and investor liquidation rights. + +## Sources + +- Telegram conversation with @m3taversal, April 2026 \ No newline at end of file diff --git a/entities/internet-finance/umbra.md b/entities/internet-finance/umbra.md index 3dc9cabb7..c888a8355 100644 --- a/entities/internet-finance/umbra.md +++ b/entities/internet-finance/umbra.md @@ -1,47 +1,21 @@ # Umbra -**Type:** Privacy-focused financial infrastructure protocol -**Governance:** Futarchy (MetaDAO ownership structure) -**Chain:** Solana -**Status:** Live on mainnet (March 2025) +**Type:** Protocol +**Domain:** Internet Finance +**Status:** Active ## Overview -Umbra is a privacy-first financial infrastructure protocol on Solana governed through MetaDAO's futarchy framework. The protocol provides private transaction rails, shielded asset functionality, and private payment/trading capabilities through a mobile wallet application and SDK for ecosystem integration. - -## Products - -- **Umbra Wallet (Mobile):** Private wallet enabling users to shield any Solana asset, make private payments, and execute private trades -- **Privacy SDK:** Developer toolkit for integrating privacy features into third-party applications -- **Privacy Infrastructure:** Plug-and-play privacy solutions for ecosystem teams - -## Governance Model - -Umbra operates under MetaDAO's ownership governance framework where protocol decisions are made through conditional token markets rather than traditional voting. The project has implemented: - -- Decision markets for treasury allocation -- Futarchy-governed proposal system for operational decisions -- Market-based capital allocation for R&D priorities - -## Holder Engagement Strategy - -Umbra is developing a tiered holder engagement system featuring: - -- Direct communication channels between holders and core team -- Tiered access based on capital contribution and decision market participation -- Retail participation pathways to 'earn ranks' within the network -- Transparency dashboards for network growth, revenues, and spending -- Third-party verification and reporting infrastructure - -## Market Position - -- **Token Price:** ~$0.49 (March 2025) -- **Liquidity:** ~$1.5M -- **Treasury AUM:** ~$1.8M -- **Governance Decisions Passed:** Operational expansion funding, security audit funding +Umbra is an ownership coin launched through MetaDAO's futarchy launchpad on Solana. The project raised capital through MetaDAO's unruggable ICO structure with futarchy-governed treasury and liquidation rights. ## Timeline -- **2025-03** — Mainnet launch; holder engagement infrastructure announced -- **2025-03** — Security audit funding approved via futarchy governance -- **2025-03** — Operational expansion proposal passed through conditional markets \ No newline at end of file +- **2025-2026** — Launched ICO through MetaDAO futarchy launchpad + +## Governance + +Futarchy-governed with conditional markets controlling treasury decisions and investor liquidation rights. + +## Sources + +- Telegram conversation with @m3taversal, April 2026 \ No newline at end of file