From 7769d993092de62252f82b9112016b1741513438 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 15:42:26 +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 | 47 +++++++++++++++++++ entities/internet-finance/futardio.md | 1 + ...io-proposal-fund-the-rug-bounty-program.md | 13 ++++- 3 files changed, 60 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..04327908 --- /dev/null +++ b/entities/internet-finance/futardio-fund-rug-bounty-program.md @@ -0,0 +1,47 @@ +--- +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: 2024-06-17 +completed_date: 2024-06-19 +category: "grants" +summary: "Fund development of RugBounty.xyz platform to help communities recover from rug pulls through bounty-incentivized token migrations" +budget_requested: "$5,000 USDC" +tracked_by: rio +created: 2026-03-11 +--- + +# FutureDAO: Fund the Rug Bounty Program + +## Summary +Proposal to fund development of RugBounty.xyz, a platform that incentivizes community members to onboard rugged project communities 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 +- **Budget:** $5,000 USDC for platform development ($3,000 platform, $1,000 website, $1,000 QA) plus $1,000+ operational costs +- **Created:** 2024-06-14 +- **Ended:** 2024-06-17 +- **Completed:** 2024-06-19 + +## Significance +This proposal demonstrates futarchy-governed product development funding for a novel use case: community-driven recovery from rug pulls. The bounty mechanism creates a permissionless market for community takeover facilitation, where "pirates" compete to successfully migrate rugged communities. The multi-sig requirement for token migrator shows trust-minimized collaboration between bounty hunters and FutureDAO. + +The proposal positions FutureDAO as infrastructure for crypto community resilience rather than just a governance experiment, with potential partnerships across security (GoPlus, Rugcheck), analytics (Birdeye, Dexscreener), and communication (SolChat) layers. + +## Relationship to KB +- [[futardio]] - product development decision +- [[MetaDAO]] - parent futarchy infrastructure +- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] - treasury allocation through futarchy + +## Timeline +- **2024-06-14** - Proposal created +- **2024-06-17** - Voting ended, proposal passed +- **2024-06-19** - Proposal completed diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..2f03eb54 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 development ## 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..6f8252eb 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 development funding. Created decision_market entity and updated parent Futardio timeline. No novel claims about futarchy mechanisms or governance dynamics - this is a straightforward treasury allocation decision. The rug bounty mechanism itself is a product feature, not a governance innovation. Key facts preserved in source archive for reference." --- ## Proposal Details @@ -180,3 +184,10 @@ 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 budget: $5,000 USDC development + $1,000+ operational costs (2024-06-14) +- Rug Bounty success metric: raising over 60% of presale target in SOL +- Proposal account: 4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt +- Proposal passed 2024-06-17, completed 2024-06-19