Merge pull request 'extract: 2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition' (#960) from extract/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition into main

domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md

@@ -43,6 +43,12 @@ Single-case evidence limits generalizability. The failure could be specific to:
 
 However, this case provides concrete evidence that [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] operates even when the economics appear favorable.
 
+
+### Additional Evidence (confirm)
+*Source: [[2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition]] | Added: 2026-03-15*
+
+Drift's $8,250 creator competition proposal failed despite having clear upside potential (community engagement, content generation, B.E.T awareness) and minimal downside risk. The proposal offered a structured prize pool across multiple tracks (video, Twitter threads, trade ideas) with established evaluation criteria, yet still failed to generate sufficient market participation. This is a canonical example of participation friction killing an economically sensible proposal.
+
 ---
 
 Relevant Notes:

inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
 date: 2024-08-27
 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: ["futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Proposal Details
@@ -75,3 +79,14 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
 - Autocrat version: 0.3
 - Completed: 2024-08-31
 - Ended: 2024-08-31
+
+
+## Key Facts
+- Drift Protocol is the largest open-sourced perpetual futures exchange built on Solana
+- Drift launched B.E.T, described as Solana's first capital efficient prediction market
+- The Drift Superteam Earn Creator Competition proposal (AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY) was proposal #4 on MetaDAO
+- The proposal requested $8,250 total prize pool split across: Grand prize ($3,000), Video track ($1,750), Twitter thread track ($1,750), Trade ideas track ($1,750)
+- Each individual contest had prize structure: 1st place $1,000, 2nd place $500, 3rd place $250
+- Funding would have come from Drift Foundation Grants Program in DRIFT tokens
+- Competition would have been run through Superteam Earn platform
+- Proposal was created 2024-08-27, completed and ended 2024-08-31, status: Failed