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)

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---
type: entity
entity_type: person
name: "Advaith Sekharan"
domain: internet-finance
status: active
role: "Founding Engineer at MetaDAO"
tracked_by: rio
created: 2026-03-11
---
# Advaith Sekharan
## Overview
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.
## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with performance vesting
- **2024-10-26** — Hiring proposal passed through futarchy governance
## Relationship to KB
- [[metadao]] — founding engineer
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation structure example
## Links
- GitHub: https://github.com/advaith101
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/

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---
type: entity
entity_type: decision_market
name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "Nallok, Proph3t"
proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
proposal_date: 2024-10-22
resolution_date: 2024-10-26
category: "hiring"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens with performance-based vesting"
tracked_by: rio
created: 2026-03-11
---
# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary
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.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Date:** 2024-10-22
- **Resolution Date:** 2024-10-26
- **Categories:** DAO, Treasury
## Compensation Structure
- **Fixed Token Allocation:** 237 META (1% of 23,705.7 total supply including co-founder allocations)
- **Linear Unlocks:** 100% unlock at $5B market cap, proportional at lower caps (e.g., 10% at $500M)
- **Vesting Period:** No tokens unlock before November 2028 regardless of milestones
- **Illiquid Vest:** DAO clawback rights until July 2025 (8 months), then tokens vest to smart contract
- **Start Date:** November 2024 for vesting, October 16, 2024 for retroactive salary
- **Market Cap Definition:** $1B = $42,198 per META
## Significance
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.
## Relationship to KB
- [[metadao]] — core team expansion
- [[advaith-sekharan]] — hired as founding engineer
- [[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
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: founding engineer hire approved through futarchy governance
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
date: 2024-10-22
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
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."
---
## Proposal Details
@ -71,3 +75,12 @@ 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 supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
- Founding engineer compensation: $180K salary + 237 META (1% of supply)
- Market cap definition: $1B = $42,198 per META
- Vesting structure: 4-year minimum, linear unlocks from $500M to $5B market cap
- Clawback period: 8 months (until July 2025)