diff --git a/entities/internet-finance/coal-establish-development-fund.md b/entities/internet-finance/coal-establish-development-fund.md
new file mode 100644
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@@ -0,0 +1,36 @@
+---
+type: entity
+entity_type: decision_market
+name: "COAL: Establish Development Fund?"
+domain: internet-finance
+status: failed
+parent_entity: "coal"
+platform: "futardio"
+proposer: "AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r"
+proposal_url: "https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U"
+proposal_date: 2024-12-05
+resolution_date: 2024-12-08
+category: "treasury"
+summary: "Proposal to allocate 4.2% of mining emissions to a development fund for protocol development, community rewards, and marketing"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# COAL: Establish Development Fund?
+
+## Summary
+Proposal to establish a development fund through a 4.2% allocation of mining emissions (472.5 COAL/day) to support protocol development, reward community contributions, and enable marketing initiatives. The allocation would increase total supply growth by 4.2% rather than reducing miner rewards. Funds would be managed by a DAO multisig with public expenditure tracking.
+
+## Market Data
+- **Outcome:** Failed
+- **Proposer:** AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r
+- **Created:** 2024-12-05
+- **Resolved:** 2024-12-08
+- **Proposal Account:** DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U
+
+## Significance
+This proposal tested whether a fair-launch, no-premine project could retroactively establish protocol funding through futarchy governance. The failure suggests community resistance to supply inflation even when positioned as non-dilutive to existing mining rewards. The 4.2% allocation model (avoiding miner reward reduction) represents an attempt to balance sustainability needs with fair-launch principles.
+
+## Relationship to KB
+- [[futardio]] - governance platform
+- [[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]] - mechanism used
diff --git a/entities/internet-finance/coal.md b/entities/internet-finance/coal.md
new file mode 100644
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+++ b/entities/internet-finance/coal.md
@@ -0,0 +1,32 @@
+---
+type: entity
+entity_type: company
+name: "COAL"
+domain: internet-finance
+status: active
+website: ""
+founded: 2024-08
+headquarters: ""
+key_people: []
+key_metrics:
+  launch_type: "fair launch"
+  premine: "none"
+  team_allocation: "none"
+  daily_emissions: "11,250 COAL"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# COAL
+
+## Overview
+COAL is a fair-launch cryptocurrency project launched in August 2024 with no pre-mine or team allocation. The project operates with community-driven governance and uses futarchy through Futardio for major decisions. As of December 2024, the protocol emits 11,250 COAL per day to miners.
+
+## Timeline
+- **2024-08** — Fair launch with no pre-mine or team allocation
+- **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
+- **2024-12-08** — Development fund proposal failed
+
+## Relationship to KB
+- [[futardio]] - governance platform used
+- [[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
diff --git a/inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md b/inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md
index 6538a0d3..fbbb605b 100644
--- a/inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md
+++ b/inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md
@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7
 date: 2024-12-05
 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 COAL protocol. Created decision_market entity for the proposal and new entity for COAL protocol. No novel claims about futarchy mechanisms - this is a straightforward treasury/funding proposal that failed. The 4.2% allocation model (supply inflation vs miner dilution) is interesting but not sufficiently novel given existing KB coverage of treasury mechanisms."
 ---
 
 ## Proposal Details
@@ -71,3 +75,10 @@ If the emission rate were adjusted to 10,000 \$COAL/day:
 - Autocrat version: 0.3
 - Completed: 2024-12-08
 - Ended: 2024-12-08
+
+
+## Key Facts
+- COAL fair launched August 2024 with no pre-mine or team allocation
+- COAL daily emissions: 11,250 tokens as of December 2024
+- Proposed development fund allocation: 4.2% of emissions (472.5 COAL/day)
+- Development fund proposal failed 2024-12-08