From 3d5acec42db0d238d797cd97814d2f24ec1711ab Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 03:51:30 +0000 Subject: [PATCH] rio: extract from 2025-11-14-futardio-launch-solomon.md - Source: inbox/archive/2025-11-14-futardio-launch-solomon.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio --- .../solomon-futardio-fundraise.md | 63 +++++++++++++++++++ entities/internet-finance/solomon.md | 1 + .../2025-11-14-futardio-launch-solomon.md | 17 ++++- 3 files changed, 80 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/solomon-futardio-fundraise.md diff --git a/entities/internet-finance/solomon-futardio-fundraise.md b/entities/internet-finance/solomon-futardio-fundraise.md new file mode 100644 index 000000000..ddb173471 --- /dev/null +++ b/entities/internet-finance/solomon-futardio-fundraise.md @@ -0,0 +1,63 @@ +--- +type: entity +entity_type: decision_market +name: "Solomon: Futardio Fundraise" +domain: internet-finance +status: passed +parent_entity: "[[solomon]]" +platform: "futardio" +proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE" +proposal_date: 2025-11-14 +resolution_date: 2025-11-18 +category: "fundraise" +summary: "Solomon raised $8M through futarchy-governed ICO after $102.9M oversubscription" +key_metrics: + funding_target: "$2,000,000" + total_committed: "$102,932,673.08" + final_raise: "$8,000,000" + oversubscription_ratio: 51.5 + token_allocation: + metadao_liquidity: "20%" + solomon_treasury: "80%" +tracked_by: rio +created: 2026-03-11 +--- + +# Solomon: Futardio Fundraise + +## Summary + +Solomon Labs raised $8 million through a futarchy-governed token launch on Futardio, targeting $2M minimum with ideal range of $5-8M. The raise was massively oversubscribed, with $102.9M committed before closing at the $8M cap. The structure allocated 20% of gross to MetaDAO for token liquidity seeding and 80% to Solomon DAO treasury. + +## Market Data + +- **Outcome:** Passed (closed at final raise target) +- **Funding Target:** $2,000,000 (minimum) +- **Total Committed:** $102,932,673.08 +- **Final Raise:** $8,000,000 +- **Oversubscription Ratio:** 51.5x +- **Launch Date:** 2025-11-14 +- **Close Date:** 2025-11-18 +- **Token:** SOLO (`SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`) + +## Significance + +This launch demonstrates extreme market demand for futarchy-governed stablecoin infrastructure, with oversubscription exceeding 50x the final raise amount. Solomon's decision to cap at $8M despite $102.9M committed shows disciplined capital management—taking only what's needed for execution rather than maximizing raise size. The 20/80 split between MetaDAO liquidity and project treasury establishes a template for futarchy platform economics. + +The product thesis—composable yield-bearing stablecoins that maintain $1 peg without rebasing—addresses a structural DeFi problem where $150B+ in stablecoin liquidity sits idle because existing yield mechanisms break composability. + +## Use of Funds + +Solomon specified four capital deployment priorities: +1. Put treasury to work immediately (targeting ~16% APR through basis trade strategy) +2. Fund liquidity mining to accelerate TVL growth +3. Seed deeper USDv/USDC liquidity +4. Reduce fees and improve terms with custody providers and exchanges + +## Relationship to KB + +- [[solomon]] — parent entity +- [[futardio]] — launch platform +- [[metadao]] — receives 20% allocation for liquidity seeding +- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — platform mechanism +- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — demonstrated 4-day fundraise cycle diff --git a/entities/internet-finance/solomon.md b/entities/internet-finance/solomon.md index c33ae9b73..516a91166 100644 --- a/entities/internet-finance/solomon.md +++ b/entities/internet-finance/solomon.md @@ -41,6 +41,7 @@ One of the first successful Futardio launches. Raised $8M through the pro-rata m - **2026-02/03** — Lab Notes series (Ranga documenting progress publicly) - **2026-03** — Treasury subcommittee proposal (DP-00001) — formalized operational governance +- **2025-11-14** — Launched futarchy-governed fundraise on Futardio targeting $2M minimum, $5-8M ideal; oversubscribed to $102.9M committed before closing at $8M final raise (2025-11-18) ## Competitive Position Solomon is not primarily a competitive entity — it's an existence proof. It demonstrates that futarchy-governed organizations can raise capital, manage treasuries, and create operational governance structures. The key question is whether the futarchy layer adds genuine value beyond what a normal startup with transparent treasury management would achieve. diff --git a/inbox/archive/2025-11-14-futardio-launch-solomon.md b/inbox/archive/2025-11-14-futardio-launch-solomon.md index a4dce9a1b..a651b773d 100644 --- a/inbox/archive/2025-11-14-futardio-launch-solomon.md +++ b/inbox/archive/2025-11-14-futardio-launch-solomon.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE" date: 2025-11-14 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana] event_type: launch +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Launch data extraction only. No novel claims—Solomon's composable stablecoin thesis and futarchy fundraising mechanics are already covered in existing KB claims. Created decision_market entity for the fundraise and updated Solomon parent entity timeline. Massive oversubscription (51.5x) is notable but represents market validation of existing thesis rather than new mechanism insight." --- ## Launch Details @@ -69,3 +73,14 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle - Version: v0.6 - Final raise: $8,000,000.00 - Closed: 2025-11-18 + + +## Key Facts +- Solomon raised $8M on Futardio (2025-11-14 to 2025-11-18) +- Total committed: $102.9M (51.5x oversubscription) +- Token allocation: 20% MetaDAO liquidity, 80% Solomon treasury +- Solomon has been live in closed beta for one year with seven figures TVL +- Product: USDv (composable dollar) and sUSDv (staked yield-bearing variant) +- Yield strategy: basis trade (long spot, short perp) + T-bills +- Custody: segregated with Ceffu, insurance-backed +- Token: SOLO (SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta)