From 523ac5fde3e49ea705b09705ff2fc65d6aac4c33 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 10:06:31 +0000 Subject: [PATCH] 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 2) Pentagon-Agent: Rio --- entities/internet-finance/advaith-sekharan.md | 25 ++++++++++ .../metadao-hire-advaith-sekharan.md | 48 +++++++++++++++++++ entities/internet-finance/metadao.md | 1 + ...e-advaith-sekharan-as-founding-engineer.md | 16 ++++++- 4 files changed, 89 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/advaith-sekharan.md create mode 100644 entities/internet-finance/metadao-hire-advaith-sekharan.md diff --git a/entities/internet-finance/advaith-sekharan.md b/entities/internet-finance/advaith-sekharan.md new file mode 100644 index 00000000..80a4f276 --- /dev/null +++ b/entities/internet-finance/advaith-sekharan.md @@ -0,0 +1,25 @@ +--- +type: entity +entity_type: person +name: "Advaith Sekharan" +domain: internet-finance +status: active +roles: ["founding engineer"] +affiliations: ["[[metadao]]"] +tracked_by: rio +created: 2026-03-11 +--- + +# Advaith Sekharan + +## Overview +Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 through a futarchy-governed proposal. His compensation package includes $180,000 annual salary and 237 META tokens (1% of supply) with performance-based unlocking tied to market cap milestones and a 4-year vesting period. + +## Timeline +- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposal created to hire as founding engineer +- **2024-10-26** — Hiring proposal passed; joined MetaDAO with retroactive salary from October 16th + +## Relationship to KB +- [[metadao]] — founding engineer +- [[metadao-hire-advaith-sekharan]] — hiring decision +- Part of MetaDAO's San Francisco core team building strategy per Fundraise #2 \ No newline at end of file diff --git a/entities/internet-finance/metadao-hire-advaith-sekharan.md b/entities/internet-finance/metadao-hire-advaith-sekharan.md new file mode 100644 index 00000000..881541b0 --- /dev/null +++ b/entities/internet-finance/metadao-hire-advaith-sekharan.md @@ -0,0 +1,48 @@ +--- +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" +tracked_by: rio +created: 2026-03-11 +--- + +# MetaDAO: Hire Advaith Sekharan as Founding Engineer? + +## Summary +This proposal sought to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). The token allocation uses the same performance-based vesting structure as co-founders Nallok and Proph3t, with linear unlocks tied to market cap milestones from $500M to $5B, a 4-year cliff starting November 2028, and an 8-month clawback period. + +## Market Data +- **Outcome:** Passed +- **Proposer:** Nallok, Proph3t +- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 +- **Created:** 2024-10-22 +- **Completed:** 2024-10-26 + +## Compensation Structure +- **Cash:** $180,000/year (retroactive to October 16, 2024) +- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations) +- **Vesting Start:** November 2024 +- **Unlock Mechanism:** Linear based on market cap ($500M = 10% unlock, $5B = 100% unlock) +- **Cliff:** No tokens unlock before November 2028 +- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months) +- **Market Cap Definition:** $1B = $42,198 per META + +## Significance +This proposal demonstrates MetaDAO's use of futarchy for operational hiring decisions, extending the same performance-aligned token structure used for co-founders to early employees. The 4-year cliff and market-cap-based unlocking create strong long-term alignment while the 8-month clawback period provides early accountability. The proposal is part of MetaDAO's strategy to build a core team in San Francisco following Fundraise #2. + +## Relationship to KB +- [[metadao]] — hiring decision for founding engineer role +- [[advaith-sekharan]] — hired individual +- [[metadao-compensation-proph3t-nallok]] — co-founder compensation structure this mirrors +- [[metadao-fundraise-2]] — fundraising round that enabled core team building +- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism used \ No newline at end of file diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..298db700 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -54,6 +54,7 @@ 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 +- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: hired Advaith Sekharan as founding engineer with $180K salary and 237 META tokens ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| 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 8ac527d1..e93e63fc 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: 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: "Hiring proposal for founding engineer. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and timeline entry on MetaDAO. No novel claims — this is operational execution of existing compensation structure. The token vesting mechanism matches the co-founder structure already documented in metadao-compensation-proph3t-nallok claim." --- ## Proposal Details @@ -71,3 +75,13 @@ 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/year + 237 META (1% of supply) +- Token unlock formula: linear from $500M (10%) to $5B (100%) market cap +- Market cap definition: $1B = $42,198 per META +- Vesting cliff: 4 years (November 2028) +- Clawback period: 8 months (until July 2025)