rio: extract from 2025-11-14-futardio-launch-solomon.md

- Source: inbox/archive/2025-11-14-futardio-launch-solomon.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/solomon-futardio-fundraise.md

@@ -0,0 +1,70 @@
+---
+type: entity
+entity_type: decision_market
+name: "Solomon: Futardio Fundraise"
+domain: internet-finance
+status: passed
+parent_entity: "[[solomon]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
+proposal_date: 2025-11-14
+resolution_date: 2025-11-18
+category: "fundraise"
+summary: "Solomon raised $8M through futarchy-governed ICO after 51.5x oversubscription"
+key_metrics:
+  initial_target: "$2,000,000"
+  total_committed: "$102,932,673.08"
+  final_raise: "$8,000,000"
+  oversubscription_ratio: 51.5
+  token_allocation_metadao: "20% of gross to seed liquidity"
+  token_allocation_treasury: "80% nets to Solomon DAO treasury"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Solomon: Futardio Fundraise
+
+## Summary
+
+Solomon launched a futarchy-governed fundraise on Futardio targeting $2M minimum with ideal range of $5-8M. The raise attracted $102.9M in commitments (51.5x oversubscription) and closed at $8M, demonstrating market-governed capital calibration where the protocol adjusted final raise based on demonstrated demand rather than accepting all committed capital.
+
+## Market Data
+
+- **Outcome:** Passed — closed at $8M (4x minimum target)
+- **Initial Target:** $2M minimum
+- **Total Committed:** $102.9M
+- **Final Raise:** $8M
+- **Oversubscription Ratio:** 51.5x
+- **Token Allocation:** 20% to MetaDAO for liquidity seeding, 80% to Solomon DAO treasury
+
+## Significance
+
+This raise demonstrates futarchy-governed capital formation at scale. Rather than accepting all $102.9M in commitments, the protocol closed at $8M — the top of the stated ideal range. This shows market-governed capital calibration in practice: the team specified they wanted "real unmet demand after the raise closes" and the mechanism enforced that constraint.
+
+The 51.5x oversubscription ratio provides evidence of demand discovery, while the 4x adjustment from committed to final raise shows the protocol's ability to prevent over-capitalization. This is the capital formation equivalent of price discovery — finding the efficient funding level through market mechanisms rather than arbitrary caps or first-come-first-served allocation.
+
+## Product Context
+
+Solomon is building USDv, a composable dollar stablecoin that maintains $1 peg without rebasing while earning yield. The product addresses the $150B+ of idle stablecoin capital across DeFi by offering:
+
+- **USDv:** Non-rebasing dollar for composability across DEXs, perps, and money markets
+- **sUSDv:** Staked version that accrues yield from basis trading (long spot, short perp) and T-bills
+- **Yield-as-a-Service (YaaS):** Permissioned yield delivery directly to USDv for institutions that cannot stake
+
+The system ran in closed beta for one year with seven figures TVL and handled multiple market shocks including the October 10th Binance price dislocation with zero incidents. Custody is segregated with Ceffu (insured), and Solana programs are audited with admin operations secured via Squads multisig.
+
+## Use of Capital
+
+The $8M raise targets four deployment areas:
+1. Put treasury to work immediately (targeting ~16% APR)
+2. Fund liquidity mining to accelerate TVL growth
+3. Seed deeper USDv/USDC liquidity
+4. Reduce fees and improve terms with custody providers and exchanges
+
+## Relationship to KB
+
+- [[solomon]] — parent entity
+- [[futardio]] — launch platform
+- [[metadao]] — receives 20% of gross for liquidity seeding
+- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context
+- [[internet-capital-markets-compress-fundraising-timelines]] — demonstrates 4-day fundraise cycle

entities/internet-finance/solomon.md

@@ -41,6 +41,8 @@ One of the first successful Futardio launches. Raised $8M through the pro-rata m
 - **2026-02/03** — Lab Notes series (Ranga documenting progress publicly)
 - **2026-03** — Treasury subcommittee proposal (DP-00001) — formalized operational governance
 
+- **2025-11-14** — Launched futarchy-governed fundraise on Futardio with $2M target, reached $102.9M in commitments (51.5x oversubscription)
+- **2025-11-18** — Closed fundraise at $8M final raise (4x initial target), demonstrating futarchy-governed capital calibration
 ## Competitive Position
 Solomon is not primarily a competitive entity — it's an existence proof. It demonstrates that futarchy-governed organizations can raise capital, manage treasuries, and create operational governance structures. The key question is whether the futarchy layer adds genuine value beyond what a normal startup with transparent treasury management would achieve.
 

inbox/archive/2025-11-14-futardio-launch-solomon.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
 date: 2025-11-14
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Launch announcement with fundraise details. No novel claims — this is factual data about a specific fundraise event. Created decision_market entity for the fundraise and updated Solomon parent entity timeline. The 51.5x oversubscription with 4x final raise adjustment demonstrates futarchy-governed capital calibration but this mechanism is already captured in existing claims about MetaDAO/Futardio architecture."
 ---
 
 ## Launch Details
@@ -69,3 +73,12 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
 - Version: v0.6
 - Final raise: $8,000,000.00
 - Closed: 2025-11-18
+
+
+## Key Facts
+- Solomon raised $8M through Futardio (2025-11-14 to 2025-11-18)
+- Solomon received $102.9M in commitments (51.5x oversubscription)
+- Solomon token: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta
+- Solomon ran closed beta for 1 year with 7-figure TVL before public launch
+- Solomon custody segregated with Ceffu (insured)
+- Solomon USDv targets $150B+ idle stablecoin market across DeFi