rio: extract from 2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md
- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/futuredao-fund-token-migrator.md
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entities/internet-finance/futuredao-fund-token-migrator.md
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---
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type: entity
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entity_type: decision_market
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name: "FutureDAO: Fund FutureDAO's Token Migrator"
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domain: internet-finance
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status: passed
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parent_entity: "[[futuredao]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6"
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proposal_date: 2024-06-05
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resolution_date: 2024-06-08
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category: "grants"
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summary: "Approve $12K USDC budget for developing on-chain token migration tool with fee-based revenue model"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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budget_requested: "$12,000 USDC"
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development_allocation: "$6,000 USDC"
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audit_allocation: "$6,000 USDC"
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fee_structure: "1-2% based on market cap"
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revenue_distribution: "100% to Champions NFT holders"
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projected_first_year_revenue: "$270,000 from 8 migrations"
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---
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# FutureDAO: Fund FutureDAO's Token Migrator
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## Summary
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Proposal to develop the Future Protocol's token migration tool, enabling communities to transition from abandoned or poorly managed tokens to new tokens through structured on-chain process. The tool addresses rug pulls, dead projects, metadata changes, fundraising needs, and token standard upgrades on Solana. Revenue flows entirely to staked Champions NFT holders, not to the DAO treasury.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Budget:** $12,000 USDC ($6K development, $6K audits)
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- **Proposal Number:** 1
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- **DAO Account:** ofvb3CPvEyRfD5az8PAqW6ATpPqVBeiB5zBnpPR5cgm
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- **Autocrat Version:** 0.3
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## Mechanism Design
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**Migration Process:**
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1. Community intake and onboarding
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2. Launch parameters set (date, duration, presale amount, treasury allocation)
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3. Token migration begins (presale live, old tokens swappable for new)
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4. Resolution based on 60% presale threshold:
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- Success: LP reclaimed, new tokens distributed, 50% airdrop to non-migrators
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- Failure: SOL returned, new tokens swapped back, all new tokens burned
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**Fee Structure (based on FDMC):**
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- <$1M: 2% fee
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- <$5M: 1.5% fee
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- <$20M: 1% fee
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**Max Dilution Rates:**
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- <$1M FDMC: 15% (7.5% presale, 5.5% treasury, 2% DAO fee)
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- <$5M FDMC: 12% (6% presale, 4.5% treasury, 1.5% DAO fee)
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- <$20M FDMC: 10% (5% presale, 4% treasury, 1% DAO fee)
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## Significance
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This proposal demonstrates futarchy-governed product development funding with novel revenue distribution model where 100% of protocol fees flow to NFT holders rather than DAO treasury. The migration tool addresses real market need (27 notable Solana meme coin presales in prior 12 months with high abandonment rates) and creates infrastructure for community-led token recoveries.
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## Relationship to KB
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- [[futuredao]] — parent organization
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- [[MetaDAO]] — governance infrastructure
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- [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] — NFT revenue mechanism
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
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Topics:
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- [[domains/internet-finance/_map]]
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entities/internet-finance/futuredao.md
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entities/internet-finance/futuredao.md
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---
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type: entity
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entity_type: company
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name: "FutureDAO"
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domain: internet-finance
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status: active
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platform: "MetaDAO/Futardio"
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founded: 2024
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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governance_model: "futarchy via MetaDAO infrastructure"
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primary_product: "Future Protocol token migration tools"
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nft_collection: "Future Champions NFTs"
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---
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# FutureDAO
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## Overview
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FutureDAO is a market-governed decentralized organization built on MetaDAO's futarchy infrastructure, developing the Future Protocol to provide on-chain token migration tools for communities abandoned by developers or seeking to relaunch tokens. The organization uses futarchy for governance decisions and distributes revenue to staked NFT holders rather than to the DAO treasury.
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## Timeline
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- **2024-06-05** — [[futuredao-fund-token-migrator]] proposed: $12K USDC budget for token migration tool development
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- **2024-06-08** — Token Migrator proposal passed via futarchy governance
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## Relationship to KB
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
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- [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] — NFT revenue distribution mechanism
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Topics:
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- [[domains/internet-finance/_map]]
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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-06-08** — [[futuredao-fund-token-migrator]] passed: FutureDAO approved $12K token migration tool development, demonstrating futarchy governance for product funding decisions
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## Key Decisions
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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|------|----------|----------|----------|---------|
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY
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date: 2024-06-05
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date: 2024-06-05
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domain: internet-finance
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domain: internet-finance
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format: data
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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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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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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: "Source is a futarchy governance proposal for product development funding. Primary extraction is entity data (new company FutureDAO, new decision_market entity for the proposal, timeline update to MetaDAO). No novel claims about futarchy mechanisms or token economics beyond what's already captured in existing KB claims about SPL-404 and futarchy-based fundraising. The revenue distribution model (100% to NFT holders) is interesting but is a specific implementation detail rather than a generalizable claim. Key facts preserved in source archive for reference."
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---
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## Proposal Details
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## Proposal Details
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@ -166,3 +170,14 @@ For more detailed information, you can visit the [Future DAO Gitbook](https://fu
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- Autocrat version: 0.3
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- Autocrat version: 0.3
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- Completed: 2024-06-08
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- Completed: 2024-06-08
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- Ended: 2024-06-08
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- Ended: 2024-06-08
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## Key Facts
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- FutureDAO Token Migrator proposal requested $12,000 USDC budget (2024-06-05)
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- Proposal passed 2024-06-08 via futarchy governance
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- Fee structure: 1-2% based on project market cap (<$1M=2%, <$5M=1.5%, <$20M=1%)
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- Revenue flows 100% to Champions NFT holders, 0% to DAO treasury
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- Migration success threshold: 60% of presale target raised
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- Projected first-year revenue: $270K from 8 migrations
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- 27 notable Solana meme coin presales in prior 12 months per market analysis
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- Tool addresses: rug pulls, dead projects, metadata changes, fundraising, token extensions, hostile takeovers
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