rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/coal-cut-emissions-by-50.md
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entities/internet-finance/coal-cut-emissions-by-50.md
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---
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type: entity
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entity_type: decision_market
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name: "Coal: Cut emissions by 50%?"
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domain: internet-finance
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status: passed
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parent_entity: "[[coal]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
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proposal_date: 2024-11-13
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resolution_date: 2024-11-17
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category: "mechanism"
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summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal: Cut emissions by 50%?
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## Summary
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Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Created:** 2024-11-13
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- **Completed:** 2024-11-17
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- **Proposal Number:** 1
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## Significance
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This represents Coal's first major governance decision using futarchy to manage token economics. The shift from a fixed halving schedule to bi-monthly decision markets demonstrates futarchy being applied to dynamic parameter adjustment rather than one-time decisions. The proposal explicitly acknowledges the original emission schedule was temporary, showing governance evolution in response to market conditions.
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## Relationship to KB
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- [[coal]] - first major governance decision
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- [[futardio]] - platform hosting the decision market
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism design pattern
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entities/internet-finance/coal.md
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entities/internet-finance/coal.md
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---
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type: entity
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entity_type: company
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name: "Coal"
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domain: internet-finance
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status: active
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platform: solana
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governance_model: futarchy
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal
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Coal is a futarchy-governed token project on Solana using dynamic emission rate adjustment through bi-monthly decision markets. The project launched with a temporary halving schedule that reduced emissions with each 5% increase in circulating supply, but transitioned to market-based governance for token economics.
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## Timeline
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- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly decision markets for future adjustments
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## Relationship to KB
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- [[futardio]] - governance platform
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - mechanism pattern
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWp
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date: 2024-11-13
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Factual governance proposal with no novel mechanism insights. The emission rate adjustment and shift to bi-monthly decision markets is a straightforward application of existing futarchy patterns. Created entity files for Coal (new project) and the decision market itself. No claims extracted because the proposal contains no arguable propositions about mechanism design - it's purely operational governance data."
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---
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## Proposal Details
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@ -66,3 +70,12 @@ A follow-up decision market will be held in early January, approximately two mon
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- Autocrat version: 0.3
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- Completed: 2024-11-17
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- Ended: 2024-11-17
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## Key Facts
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- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation
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- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), reducing inflation to ~56%
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- Original emission schedule halved with each 5% increase in circulating supply
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- Next halving under old schedule would have occurred at 7,350,000 circulating supply
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- Proposal passed 2024-11-17 after being created 2024-11-13
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- Follow-up decision market scheduled for early January (approximately two months after proposal)
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