rio: extract from 2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md
- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW"
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proposal_date: 2024-03-26
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resolution_date: 2024-03-31
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category: "strategy"
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summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor management for three months to accelerate decision-making."
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
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## Summary
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This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution speed. The appointment included authority over retroactive compensation (December 2023 - March 2024), ongoing business operations, project management, and contributor compensation. The proposal requested 1,015 META and 100,000 USDC to cover seven months total (four retroactive, three forward-looking), averaging 145 META and $14,000 per month.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Proposal Number:** 14
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- **Completed:** 2024-03-31
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## Significance
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This proposal represented a critical governance transition for MetaDAO, acknowledging that the futarchy mechanism itself was "too slow and costly" for operational decisions at that stage. The proposers estimated that failure would decrease MetaDAO's probability of success by more than 20%, indicating high stakes. The appointment consolidated decision-making authority outside the proposal process while the team worked to improve the futarchy mechanism itself—a pragmatic acknowledgment of bootstrapping challenges in futarchy-governed organizations.
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The proposal established OKRs including completing 10 GitHub issues per week and handling retroactive compensation within one week of passage. It also granted authority for exceptional use grants of MetaDAO's code licenses and noted that META would likely be issued in 5-year locked form.
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## Relationship to KB
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- [[metadao]] - governance decision establishing interim leadership structure
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- [[proph3t]] - appointed as co-leader
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- [[nallok]] - appointed as co-leader
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- [[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]] - the mechanism this proposal temporarily bypassed for operational decisions
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZ
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date: 2024-03-26
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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: "Proposal entity created for significant governance decision establishing interim leadership structure. No new claims extracted—the insight that futarchy can be too slow for operational decisions during bootstrapping is already captured in existing claims about futarchy adoption friction and governance mechanism mixing. Timeline entry added to metadao.md parent entity."
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---
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## Proposal Details
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- Autocrat version: 0.1
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- Completed: 2024-03-31
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- Ended: 2024-03-31
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## Key Facts
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- MetaDAO proposal 14 requested 1,015 META and 100,000 USDC for seven months of compensation (2024-03-26)
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- Proposal covered retroactive compensation for December 2023 through March 2024 plus forward compensation April-June 2024
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- OKR target: complete 10 GitHub issues per week
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- Proposers estimated proposal failure would decrease MetaDAO success probability by >20%
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- META likely issued in 5-year locked form per prior framework
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