From 6e882d6c1a5c2a46178e10b0964042b892b8c316 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 11:00:33 +0000 Subject: [PATCH] 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 --- .../solomon-futardio-launch.md | 80 +++++++++++++++++++ entities/internet-finance/solomon.md | 1 + .../2025-11-14-futardio-launch-solomon.md | 15 +++- 3 files changed, 95 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/solomon-futardio-launch.md diff --git a/entities/internet-finance/solomon-futardio-launch.md b/entities/internet-finance/solomon-futardio-launch.md new file mode 100644 index 000000000..386720382 --- /dev/null +++ b/entities/internet-finance/solomon-futardio-launch.md @@ -0,0 +1,80 @@ +--- +type: entity +entity_type: decision_market +name: "Solomon: Futardio Launch" +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 receiving $102.9M in commitments" +key_metrics: + funding_target: "$2,000,000" + total_committed: "$102,932,673.08" + final_raise: "$8,000,000" + oversubscription_ratio: 51.5 + token_allocation: + metadao_liquidity: "20% of gross" + solomon_treasury: "80% of gross" +tracked_by: rio +created: 2026-03-11 +--- + +# Solomon: Futardio Launch + +## Summary + +Solomon launched a futarchy-governed fundraise on Futardio seeking $2M to bootstrap their composable stablecoin system (USDv). The raise was massively oversubscribed at 51.5x with $102.9M in commitments, ultimately closing at $8M final raise. The structure allocated 20% of gross to MetaDAO for token liquidity seeding and 80% to Solomon DAO treasury. + +## Market Data + +- **Outcome:** Passed (closed at $8M) +- **Funding Target:** $2M minimum, $5-8M ideal +- **Total Committed:** $102.9M +- **Final Raise:** $8M +- **Oversubscription:** 51.5x +- **Token:** SOLO (`SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`) +- **Platform:** Futardio v0.6 +- **Launch Date:** 2025-11-14 +- **Close Date:** 2025-11-18 + +## Product Context + +Solomon builds USDv, a composable dollar stablecoin that maintains $1 peg without rebasing, enabling yield generation through: +- **USDv:** Base composable dollar for integrations (DEXs, perps, money markets) +- **sUSDv:** Staking variant that accrues yield from basis trading (long spot, short perp) and T-bills +- **YaaS (Yield-as-a-Service):** Permissioned yield stream for treasuries/protocols that can't stake + +The system addresses $150B+ of idle stablecoin capital across chains that earns no yield due to composability constraints of existing yield-bearing stablecoins. + +## Capital Deployment Plan + +1. Put treasury to work immediately (~16% APR generation) +2. Fund liquidity mining to accelerate TVL growth +3. Seed deeper USDv/USDC liquidity +4. Reduce custody and exchange fees through scale + +## Operational Track Record + +- Ran closed beta for one year with seven-figure TVL +- Handled multiple market shocks including October 10th Binance price dislocation with zero incidents +- Custody segregated with Ceffu (insurance coverage) +- Solana programs audited, admin operations via Squads multisig + +## Significance + +This launch demonstrates: +1. **Oversubscription management:** Futardio handled 51.5x oversubscription, taking $8M vs $2M minimum while leaving "real unmet demand after the raise closes" +2. **Stablecoin infrastructure fundraising:** First major stablecoin protocol to raise via futarchy-governed ICO +3. **Market validation:** $102.9M in commitments signals strong market demand for composable yield-bearing stablecoins + +## 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 used +- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — demonstrates compression (4 days) diff --git a/entities/internet-finance/solomon.md b/entities/internet-finance/solomon.md index c33ae9b73..10b952d8d 100644 --- a/entities/internet-finance/solomon.md +++ b/entities/internet-finance/solomon.md @@ -41,6 +41,7 @@ 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, raised $102.9M in commitments before closing at $8M final raise (2025-11-18) ## 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. diff --git a/inbox/archive/2025-11-14-futardio-launch-solomon.md b/inbox/archive/2025-11-14-futardio-launch-solomon.md index a4dce9a1b..5d251b9ed 100644 --- a/inbox/archive/2025-11-14-futardio-launch-solomon.md +++ b/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: "Factual launch data for Solomon's futarchy-governed fundraise. No novel claims about mechanisms or market dynamics beyond what's already captured in existing KB claims about futarchy launches and internet capital markets. Created decision_market entity to track this significant fundraise (51.5x oversubscription) and updated parent Solomon entity timeline." --- ## 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 against $2M target (51.5x oversubscription) +- Solomon token: SOLO (SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta) +- Solomon ran closed beta for one year with seven-figure TVL before public launch +- USDv addresses $150B+ idle stablecoin capital across chains +- Token allocation: 20% to MetaDAO for liquidity, 80% to Solomon DAO treasury