From 49ebfefdfeee02227c924d82b13318c791c97270 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Sun, 15 Mar 2026 18:50:45 +0000 Subject: [PATCH] extract: 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer Pentagon-Agent: Ganymede --- ... first platform for ownership coins at scale.md | 6 ++++++ ...long-term-alignment-without-initial-dilution.md | 6 ++++++ ...l-hire-advaith-sekharan-as-founding-engineer.md | 14 +++++++++++++- 3 files changed, 25 insertions(+), 1 deletion(-) diff --git a/domains/internet-finance/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.md b/domains/internet-finance/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.md index 973de1f00..cb3797205 100644 --- a/domains/internet-finance/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.md +++ b/domains/internet-finance/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.md @@ -97,6 +97,12 @@ MetaDAO ICO platform processed 8 projects from April 2025 to January 2026, raisi MetaDAO Q3 2024 roadmap prioritized launching a market-based grants product as the primary objective, with specific targets to launch 5 organizations and process 8 proposals through the product. This represents an expansion from pure ICO functionality to grants decision-making, demonstrating futarchy's application to capital allocation beyond fundraising. + +### Additional Evidence (extend) +*Source: [[2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer]] | Added: 2026-03-15* + +MetaDAO's hiring process demonstrates futarchy governance extending beyond capital allocation to operational decisions. The proposal to hire Advaith Sekharan as founding engineer at $180k/year with 237 META tokens (1% of supply) passed through the same conditional market mechanism used for treasury decisions. This shows futarchy can govern human capital decisions with specific compensation structures including performance-based vesting (4-year vest starting November 2024, no unlocks before November 2028, linear unlocks tied to market cap milestones from $500M to $5B). + --- Relevant Notes: diff --git a/domains/internet-finance/performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md b/domains/internet-finance/performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md index 61cc6d6b8..95afc7d03 100644 --- a/domains/internet-finance/performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md +++ b/domains/internet-finance/performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md @@ -41,6 +41,12 @@ This structure is untested in practice. Key risks: - 18-month cliff may be too long for early-stage projects with high burn rates, creating team retention risk - No precedent for whether TWAP-based triggers actually prevent manipulation in low-liquidity token markets + +### Additional Evidence (confirm) +*Source: [[2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer]] | Added: 2026-03-15* + +MetaDAO's founding engineer offer implements performance-based unlocking with specific market cap triggers: 100% unlock at $5B market cap ($42,198 per META), with linear scaling (e.g., 10% unlock at $500M). The structure includes a 4-year minimum vest period regardless of price milestones, 8-month clawback window, and tokens vesting into a smart contract/multisig inaccessible to founders. This demonstrates the mechanism in production use for core team compensation. + --- Relevant Notes: diff --git a/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md b/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md index 8ac527d16..7edf63ee6 100644 --- a/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md +++ b/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC date: 2024-10-22 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-15 +enrichments_applied: ["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.md", "performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Proposal Details @@ -71,3 +75,11 @@ The terms of its release would be the same as Nallok and Proph3t, except that th - Autocrat version: 0.3 - Completed: 2024-10-26 - Ended: 2024-10-26 + + +## Key Facts +- MetaDAO proposal B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 to hire Advaith Sekharan passed on 2024-10-26 +- MetaDAO supply excluding DAO holdings is 19,755.7 META; including co-founder allocations is 23,705.7 META +- MetaDAO defines $1B market cap as $42,198 per META token +- Founding engineer compensation at MetaDAO: $180k/year cash + 237 META (1% of supply) +- MetaDAO founding engineer tokens have 8-month clawback period and 4-year minimum vest before any unlocks