From e8c89cad0f8b48f910888d159e7a57240f970db5 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Sun, 15 Mar 2026 19:17:51 +0000 Subject: [PATCH] extract: 2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition Pentagon-Agent: Ganymede --- ...cipation-friction-not-market-disagreement.md | 6 ++++++ ...-drift-superteam-earn-creator-competition.md | 17 ++++++++++++++++- 2 files changed, 22 insertions(+), 1 deletion(-) diff --git a/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md b/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md index f8916167..3e6c4959 100644 --- a/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md +++ b/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: diff --git a/inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md b/inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md index 61e25815..8a89804b 100644 --- a/inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md +++ b/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