rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/advaith-sekharan.md
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---
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type: entity
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entity_type: person
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name: "Advaith Sekharan"
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domain: internet-finance
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status: active
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role: "Founding Engineer at MetaDAO"
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tracked_by: rio
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created: 2026-03-11
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---
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# Advaith Sekharan
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## Overview
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Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply) subject to performance-based vesting. His compensation structure includes linear unlocks tied to market cap milestones and a 4-year vesting period with no tokens unlocking before November 2028.
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## Timeline
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- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with performance vesting
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- **2024-10-26** — Hiring proposal passed through futarchy governance
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## Relationship to KB
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- [[metadao]] — founding engineer
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation structure example
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## Links
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- GitHub: https://github.com/advaith101
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- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
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entities/internet-finance/metadao-hire-advaith-sekharan.md
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---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "Nallok, Proph3t"
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proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_date: 2024-10-22
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resolution_date: 2024-10-26
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category: "hiring"
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summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens with performance-based vesting"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
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## Summary
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Proposal to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual salary and 237 META tokens (1% of supply excluding DAO holdings). The compensation structure mirrors co-founder terms with performance-based unlocks tied to market cap milestones and a 4-year minimum vesting period.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Date:** 2024-10-22
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- **Resolution Date:** 2024-10-26
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- **Categories:** DAO, Treasury
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## Compensation Structure
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- **Fixed Token Allocation:** 237 META (1% of 23,705.7 total supply including co-founder allocations)
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- **Linear Unlocks:** 100% unlock at $5B market cap, proportional at lower caps (e.g., 10% at $500M)
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- **Vesting Period:** No tokens unlock before November 2028 regardless of milestones
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- **Illiquid Vest:** DAO clawback rights until July 2025 (8 months), then tokens vest to smart contract
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- **Start Date:** November 2024 for vesting, October 16, 2024 for retroactive salary
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- **Market Cap Definition:** $1B = $42,198 per META
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## Significance
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This proposal demonstrates MetaDAO's implementation of performance-based compensation aligned with long-term value creation. The structure eliminates immediate dilution while creating strong alignment through market cap-triggered unlocks. The 4-year minimum vesting and 8-month clawback period signal commitment to sustained execution over speculation.
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## Relationship to KB
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- [[metadao]] — core team expansion
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- [[advaith-sekharan]] — hired as founding engineer
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example
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@ -54,6 +54,8 @@ 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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- **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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- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens
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- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: founding engineer hire approved through futarchy governance
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
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date: 2024-10-22
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domain: internet-finance
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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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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: "Extracted hiring proposal as decision_market entity and created person entity for Advaith Sekharan. No novel claims about futarchy mechanisms — compensation structure is an implementation detail of existing performance-based vesting patterns. Key contribution is factual data about MetaDAO's team expansion and specific compensation terms."
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---
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## Proposal Details
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@ -71,3 +75,12 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
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- Autocrat version: 0.3
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- Completed: 2024-10-26
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- Ended: 2024-10-26
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## Key Facts
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- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22)
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- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
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- Founding engineer compensation: $180K salary + 237 META (1% of supply)
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- Market cap definition: $1B = $42,198 per META
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- Vesting structure: 4-year minimum, linear unlocks from $500M to $5B market cap
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- Clawback period: 8 months (until July 2025)
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