rio: extract from 2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md
- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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---
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type: entity
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entity_type: decision_market
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name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
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domain: internet-finance
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status: passed
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parent_entity: "[[deans-list]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
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proposal_date: 2024-06-08
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resolution_date: 2024-06-11
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category: "grants"
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summary: "Allocate 1 million $DEAN tokens to University of Waterloo Blockchain Club to foster collaboration and attract talent"
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tracked_by: rio
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created: 2026-03-11
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---
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# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
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## Summary
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This proposal allocated 1 million $DEAN tokens (equivalent to 1,300 USDC at the time) to the University of Waterloo Blockchain Club to strengthen partnership, attract skilled talent from their 200-member base, and increase participation in Dean's List DAO governance. The proposal passed with a condition that the partnership should result in a 5% increase in the DAO's fully diluted valuation.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Trading Period:** 5 days (2024-06-08 to 2024-06-11)
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- **Token Allocation:** 1 million $DEAN (~1,300 USDC)
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- **DAO FDV at Proposal:** $115,655
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- **Required FDV Increase:** $5,783 (5%)
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- **Projected ROI:** $4.45 per dollar spent
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## Significance
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This proposal demonstrates futarchy-governed grant allocation with explicit performance conditions tied to measurable outcomes (FDV increase). The proposal framed university partnership as a talent acquisition strategy with quantified expected returns, treating educational outreach as an investment rather than charitable spending. The 200-student club represented potential governance participation and ecosystem contribution that the market deemed worth the token allocation.
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## Relationship to KB
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- [[deans-list]] - governance decision for talent acquisition
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- [[futardio]] - platform used for 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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@ -47,3 +47,5 @@ Topics:
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## Timeline
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## Timeline
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- **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase
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- **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase
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- **2024-06-11** - [[deans-list-reward-waterloo-blockchain-club]] passed: Allocated 1M $DEAN tokens to University of Waterloo Blockchain Club with 5% FDV increase condition
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd
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date: 2024-06-08
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date: 2024-06-08
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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: "Governance proposal for university partnership grant. Created decision_market entity and updated parent entity timeline. No novel claims - this is a straightforward grant allocation with performance conditions, not a mechanism innovation. The ROI calculation and talent acquisition framing are standard proposal rhetoric, not extractable insights about futarchy or governance."
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---
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## Proposal Details
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## Proposal Details
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@ -106,3 +110,11 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo
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- Autocrat version: 0.3
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- Autocrat version: 0.3
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- Completed: 2024-06-11
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- Completed: 2024-06-11
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- Ended: 2024-06-11
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- Ended: 2024-06-11
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## Key Facts
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- IslandDAO (Dean's List) FDV was $115,655 on 2024-06-08
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- 1 million $DEAN tokens equaled 1,300 USDC on 2024-06-08
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- University of Waterloo Blockchain Club had 200 student members
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- Proposal required 5% FDV increase as success condition
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- Trading period was 5 days (2024-06-08 to 2024-06-11)
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