From 64b17e38529a4df58c34f0de5af8cfe3861ddbe9 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 16:42:29 +0000 Subject: [PATCH] rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md - Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio --- .../futardio-fund-rug-bounty-program.md | 51 +++++++++++++++++++ entities/internet-finance/futardio.md | 1 + ...io-proposal-fund-the-rug-bounty-program.md | 14 ++++- 3 files changed, 65 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/futardio-fund-rug-bounty-program.md diff --git a/entities/internet-finance/futardio-fund-rug-bounty-program.md b/entities/internet-finance/futardio-fund-rug-bounty-program.md new file mode 100644 index 00000000..7c8334b4 --- /dev/null +++ b/entities/internet-finance/futardio-fund-rug-bounty-program.md @@ -0,0 +1,51 @@ +--- +type: entity +entity_type: decision_market +name: "FutureDAO: Fund the Rug Bounty Program" +domain: internet-finance +status: passed +parent_entity: "[[futardio]]" +platform: "futardio" +proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" +proposal_url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt" +proposal_date: 2024-06-14 +resolution_date: 2024-06-19 +category: "grants" +summary: "Proposal to fund RugBounty.xyz platform development with $5,000 USDC to help crypto communities recover from rug pulls through bounty-incentivized token migrations" +tracked_by: rio +created: 2026-03-11 +--- + +# FutureDAO: Fund the Rug Bounty Program + +## Summary +Proposal to allocate $5,000 USDC from FutureDAO treasury to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project victims to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising over 60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team (S.E.R.T.)". + +## Market Data +- **Outcome:** Passed +- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz +- **Proposal Number:** 2 +- **Completed:** 2024-06-19 +- **Ended:** 2024-06-17 + +## Budget Breakdown +- Platform Development: $3,000 USDC +- Website: $1,000 USDC +- QA: $1,000 USDC +- Operational Costs (API & Hosting): $1,000+ +- $FUTURE bounties: TBD based on project scope + +## Mechanism Design +The Rug Bounty Program creates a structured recovery process: +1. Bounty creation with project details and reward structure +2. Community onboarding through Telegram, Discord, Twitter Spaces +3. Multi-sig setup for token migrator (trust verification) +4. Success threshold: 60% of presale target raised in SOL +5. Bounty claim awarded to facilitator(s) + +## Significance +This proposal represents FutureDAO's expansion from pure infrastructure provider to community protection service. The bounty mechanism aligns incentives for community organizers to facilitate recoveries while driving adoption of FutureDAO's Token Migration tool. The "S.E.R.T." branding positions the DAO as crisis response infrastructure for Solana ecosystem. + +## Relationship to KB +- [[futardio]] - governance decision expanding product scope +- [[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]] - governance mechanism used diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..292b5e04 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status +- **2024-06-14** - [[futardio-fund-rug-bounty-program]] passed: Approved $5,000 USDC funding for RugBounty.xyz platform to incentivize community-led recovery from rug pulls ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms." diff --git a/inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md b/inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md index 87d3bef2..cfbc61aa 100644 --- a/inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md +++ b/inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGz date: 2024-06-14 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: "Governance proposal for product expansion. Created decision_market entity and updated parent Futardio entity timeline. No novel claims about futarchy mechanisms or governance dynamics - this is a straightforward grants proposal for a new product feature. The bounty mechanism itself is not novel enough to warrant a claim (standard incentive alignment for community organizers)." --- ## Proposal Details @@ -180,3 +184,11 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu - Autocrat version: 0.3 - Completed: 2024-06-19 - Ended: 2024-06-17 + + +## Key Facts +- FutureDAO Rug Bounty Program proposal requested $5,000 USDC budget (2024-06-14) +- Proposal passed and completed 2024-06-19 +- Success threshold defined as 60% of presale target raised in SOL +- Platform development budget: $3,000 USDC for platform, $1,000 USDC for website, $1,000 USDC for QA +- Operational costs estimated at $1,000+ for API and hosting