From 5b63911c44b8906265b734c42f68a1bc71cc2205 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 14:18:29 +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 3) Pentagon-Agent: Rio --- entities/internet-finance/advaith-sekharan.md | 27 +++++++++++ .../metadao-hire-advaith-sekharan.md | 46 +++++++++++++++++++ entities/internet-finance/metadao.md | 2 + ...e-advaith-sekharan-as-founding-engineer.md | 15 +++++- 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..f0f7c39f --- /dev/null +++ b/entities/internet-finance/advaith-sekharan.md @@ -0,0 +1,27 @@ +--- +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). His compensation includes performance-based token unlocks tied to market cap milestones, with full unlock at $5B market cap and a 4-year vesting period starting November 2024. + +## Timeline +- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with performance vesting +- **2024-10-26** — Hiring proposal passed; joined as founding engineer with retroactive salary from October 16 + +## Relationship to KB +- [[metadao]] — founding engineer +- Part of MetaDAO's San Francisco core team buildout per Fundraise #2 strategy + +## Links +- [GitHub](https://github.com/advaith101) +- [LinkedIn](https://www.linkedin.com/in/advaith-sekharan-78b52b277/) \ 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..13d72335 --- /dev/null +++ b/entities/internet-finance/metadao-hire-advaith-sekharan.md @@ -0,0 +1,46 @@ +--- +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). Compensation structure mirrors co-founder terms with performance-based unlocks tied to market cap milestones and 4-year vesting starting November 2024. + +## Market Data +- **Outcome:** Passed +- **Proposer:** Nallok, Proph3t +- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 +- **Proposal Number:** 7 +- **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 founder allocations) +- **Vesting:** 4-year cliff starting November 2024 (no tokens unlock before November 2028) +- **Performance Unlocks:** Linear based on market cap ($5B = 100% unlock, $500M = 10% unlock) +- **Clawback:** DAO can reclaim all tokens until July 2025 (8-month illiquid vest) +- **Market Cap Definition:** $1B = $42,198 per META + +## Significance +This hiring decision demonstrates MetaDAO's execution on its Fundraise #2 strategy to build a core San Francisco team. The compensation structure uses the same performance-based token vesting as co-founders, treating founding engineers as equity-equivalent stakeholders rather than employees. The 4-year cliff and 8-month clawback period signal long-term commitment requirements while the market-cap-based unlocks align incentives with protocol success rather than time served. + +## Relationship to KB +- [[metadao]] — hiring decision for core team +- [[metadao-fundraise-2]] — execution of team-building strategy from this proposal +- [[metadao-compensation-proph3t-nallok]] — parallel compensation structure for co-founders +- [[advaith-sekharan]] — hired individual \ No newline at end of file diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..bdf856b7 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -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 + 237 META tokens +- **2024-10-26** — Advaith Sekharan hiring proposal passed; first founding engineer hired under Fundraise #2 team-building strategy ## 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..3efbd4d7 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 MetaDAO's first founding engineer. Created entity pages for Advaith Sekharan and the decision market. No novel claims about futarchy mechanisms or governance — this is a straightforward hiring decision following established compensation patterns from co-founder allocations. The performance-based vesting structure is already documented in the co-founder compensation claim. Entity data only." --- ## 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 META supply excluding DAO holdings: 19,755.7 tokens (2024-10-22) +- MetaDAO META supply including founder allocations: 23,705.7 tokens (2024-10-22) +- MetaDAO market cap definition: $1B = $42,198 per META +- Advaith Sekharan compensation: $180K salary + 237 META (1% of supply) +- Founding engineer vesting: 4-year cliff starting November 2024, 8-month clawback period +- Performance unlock structure: 100% at $5B market cap, linear scaling (e.g., 10% at $500M)