rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md

- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

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---
type: entity
entity_type: decision_market
name: "Coal: Cut emissions by 50%?"
domain: internet-finance
status: passed
parent_entity: "[[coal]]"
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
tracked_by: rio
created: 2026-03-11
---
# Coal: Cut emissions by 50%?
## Summary
Proposal to halve the coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a precedent for bi-monthly decision markets to adjust emission rates, replacing the original post-launch schedule that was intended as temporary.
## Market Data
- **Outcome:** Passed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
- **Proposal Number:** 1
## Significance
This proposal demonstrates dynamic performance-based token emission governance through futarchy. Rather than following a fixed halving schedule based on circulating supply milestones, the coal project is using conditional markets to continuously optimize emission rates based on market conditions. The establishment of bi-monthly decision markets creates an ongoing governance mechanism for monetary policy.
The proposal explicitly acknowledges that the original emission schedule "was never intended to be a long-term solution," showing futarchy being used to evolve tokenomics in response to actual market performance rather than predetermined formulas.
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism claim
- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - underlying mechanism

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---
type: entity
entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: "Solana"
governance_model: "futarchy"
tracked_by: rio
created: 2026-03-11
---
# Coal
Coal is a futarchy-governed token project on Solana using [[futardio]] for governance decisions. The project uses conditional markets to manage token emission rates rather than fixed schedules, conducting bi-monthly decision markets to adjust monetary policy based on market conditions.
## Timeline
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** - Emission reduction proposal passed, establishing bi-monthly decision market precedent for tokenomics adjustments
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance approach

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWp
date: 2024-11-13
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: "Source is a futarchy governance proposal for the coal token project. Primary extraction is entity data (decision_market entity for the proposal, company entity for coal project). No novel claims about futarchy mechanisms - the use of conditional markets for tokenomics adjustments is already covered by existing claim on dynamic performance-based token minting. The proposal demonstrates that mechanism in practice but doesn't add new theoretical insight."
---
## Proposal Details
@ -66,3 +70,12 @@ A follow-up decision market will be held in early January, approximately two mon
- Autocrat version: 0.3
- Completed: 2024-11-17
- Ended: 2024-11-17
## Key Facts
- Coal token emission rate was 15.625 per minute (22,500 per day) before proposal, representing ~110% annual inflation
- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), representing ~56% annual inflation
- Coal's original emission schedule called for halving with each 5% increase in circulating supply
- Next scheduled halving under old schedule would have occurred at 7,350,000 circulating supply
- Coal had completed six halvings before this proposal
- Proposal established bi-monthly decision markets for future emission rate adjustments