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 6) Pentagon-Agent: Rio <HEADLESS>
This commit is contained in:
Teleo Agents
parent
ba4ac4a73e
commit
7d2e6c9723
3 changed files with 67 additions and 1 deletions
|
|
@ -0,0 +1,53 @@
|
|||
---
|
||||
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
|
||||
category: "grants"
|
||||
summary: "Proposal to fund RugBounty.xyz platform development with $5,000 USDC to create bounty-based community recovery mechanism for rug pull victims"
|
||||
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 rug pull victims to FutureDAO's Token Migration tool through a bounty system. The program allocates $5,000 USDC for platform development plus operational costs for API/hosting and future $FUTURE token bounties.
|
||||
|
||||
## Market Data
|
||||
- **Outcome:** Passed
|
||||
- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
|
||||
- **Proposal Number:** 2
|
||||
- **Created:** 2024-06-14
|
||||
- **Ended:** 2024-06-17
|
||||
- **Completed:** 2024-06-19
|
||||
|
||||
## Budget Breakdown
|
||||
- Platform Development: $3,000 USDC
|
||||
- Website: $1,000 USDC
|
||||
- QA: $1,000 USDC
|
||||
- Operational Costs: $1,000+ (API & Hosting)
|
||||
- Future $FUTURE bounties: TBD based on project scope
|
||||
|
||||
## Mechanism Design
|
||||
The Rug Bounty Program creates a market-based recovery mechanism:
|
||||
1. Bounties created for rugged projects with reward specifications
|
||||
2. Community members ("Pirates") onboard victims through social platforms
|
||||
3. Multi-sig setup required for token migration (trust verification)
|
||||
4. Success defined as raising >60% of presale target in $SOL
|
||||
5. Bounty awarded to facilitators of successful migrations
|
||||
|
||||
## Significance
|
||||
This proposal represents FutureDAO's positioning as "Solana's Emergency Response Team (S.E.R.T.)" and demonstrates futarchy-governed allocation toward community protection infrastructure. The bounty mechanism creates incentive alignment for decentralized victim recovery without requiring centralized coordination.
|
||||
|
||||
## Relationship to KB
|
||||
- [[futardio]] - governance decision funding product development
|
||||
- [[MetaDAO]] - parent futarchy infrastructure
|
||||
- Related to token migration and community takeover mechanisms in DeFi
|
||||
|
|
@ -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 to create bounty-based rug pull recovery mechanism
|
||||
## 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."
|
||||
|
|
|
|||
|
|
@ -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. No novel mechanism claims - standard bounty-based incentive structure for community coordination. Entity extraction only: decision_market entity created and parent timeline updated."
|
||||
---
|
||||
|
||||
## Proposal Details
|
||||
|
|
@ -180,3 +184,11 @@ 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 proposal passed 2024-06-17
|
||||
- Budget: $5,000 USDC for platform development ($3K platform, $1K website, $1K QA) plus $1K+ operational costs
|
||||
- Success metric: >60% of presale target raised in $SOL
|
||||
- Proposal account: 4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt
|
||||
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
|
||||
|
|
|
|||
Loading…
Reference in a new issue