Merge pull request 'rio: extract claims from 2024-12-05-futardio-proposal-establish-development-fund' (#830) from extract/2024-12-05-futardio-proposal-establish-development-fund into main

entities/internet-finance/coal-establish-development-fund.md

@@ -0,0 +1,39 @@
+---
+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% emissions allocation (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 mining rewards. Failed after 3-day voting period.
+
+## Market Data
+- **Outcome:** Failed
+- **Proposer:** AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r
+- **Proposal Account:** DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U
+- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
+- **Duration:** 2024-12-05 to 2024-12-08
+- **Daily Allocation Proposed:** 472.5 COAL (4.2% of 11,250 COAL/day base rate)
+
+## Significance
+This proposal tested community willingness to fund protocol development through inflation in a fair-launch token with no pre-mine or team allocation. The failure suggests miners prioritized emission purity over development funding, or that the 4.2% dilution was perceived as too high. The proposal included transparency commitments (weekly claims, public expenditure tracking, DAO-managed multisig) but still failed to achieve market support.
+
+The rejection creates a sustainability question for COAL: how does a zero-premine project fund ongoing development without either diluting miners or relying on volunteer labor?
+
+## Relationship to KB
+- Related to [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — COAL attempted to add issuance authority post-launch
+- Related to [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — this was a contested decision that still failed

entities/internet-finance/coal.md

@@ -0,0 +1,32 @@
+---
+type: entity
+entity_type: company
+name: "COAL"
+domain: internet-finance
+status: active
+founded: 2024-08
+website: ""
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  launch_type: "fair launch"
+  premine: "none"
+  team_allocation: "none"
+  base_emission_rate: "11,250 COAL/day"
+  governance_platform: "futardio"
+---
+
+# COAL
+
+## Overview
+COAL is a community-driven cryptocurrency project that launched in August 2024 with a fair launch model—no pre-mine and no team allocation. The project uses futarchy governance through Futardio and operates on a proof-of-work mining model with daily emissions. The zero-allocation launch model creates sustainability questions around funding protocol development.
+
+## 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, maintaining zero-allocation model
+
+## Relationship to KB
+- Example of [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — attempted to add issuance post-launch
+- Uses [[futardio]] for governance decisions
+- Tests whether fair-launch tokens can fund development without initial allocations

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: "Factual governance proposal data. Created decision_market entity for the proposal and parent entity for COAL project. No novel claims about futarchy mechanisms—this is a straightforward failed treasury proposal. The failure is notable as data point but doesn't generate mechanism insights beyond what existing claims already cover."
 ---
 
 ## Proposal Details
@@ -71,3 +75,11 @@ 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
+- Base emission rate: 11,250 COAL/day
+- Proposed development allocation: 472.5 COAL/day (4.2%)
+- Development fund proposal failed 2024-12-08 after 3-day voting period
+- Proposal included weekly claims, public expenditure tracking, DAO-managed multisig