diff --git a/domains/internet-finance/futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty.md b/domains/internet-finance/futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty.md index 69082ec1..b0e2edcc 100644 --- a/domains/internet-finance/futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty.md +++ b/domains/internet-finance/futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty.md @@ -42,6 +42,12 @@ Rio identifies that MetaDAO conditional token markets with leveraged positions f Tetlock (Columbia, 2008) found that liquidity directly affects prediction market efficiency, with thin order books allowing a single trader's opinion to dominate pricing. The LMSR automated market maker was invented by Robin Hanson specifically because thin markets fail—this is an admission baked into the mechanism design itself. +### Additional Evidence (confirm) +*Source: [[2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any]] | Added: 2026-03-24* + +Sanctum Wonder proposal markets had insufficient volume/liquidity to be considered credible by the team, leading to abandonment of futarchy experimentation. Low liquidity undermined the mechanism's credibility as a decision-making tool. + + Relevant Notes: - [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] diff --git a/domains/internet-finance/sanctum-wonder-mobile-app-proposal-failed-futarchy-vote-march-2025.md b/domains/internet-finance/sanctum-wonder-mobile-app-proposal-failed-futarchy-vote-march-2025.md index 1deb45ef..23934dff 100644 --- a/domains/internet-finance/sanctum-wonder-mobile-app-proposal-failed-futarchy-vote-march-2025.md +++ b/domains/internet-finance/sanctum-wonder-mobile-app-proposal-failed-futarchy-vote-march-2025.md @@ -69,4 +69,10 @@ This case raises questions about the optimal scope for futarchy mechanisms: - Do longer time horizons and higher execution uncertainty make futarchy less effective? - Should DAOs mix governance mechanisms based on decision type? -These questions connect to [[optimal governance requires mixing mechanisms for different decision types]], though this single case provides only weak evidence for any particular answer. \ No newline at end of file +These questions connect to [[optimal governance requires mixing mechanisms for different decision types]], though this single case provides only weak evidence for any particular answer. + +### Additional Evidence (extend) +*Source: [[2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any]] | Added: 2026-03-24* + +Sanctum's futarchy markets were generally considered thin relative to MetaDAO's, which is part of why the experiment didn't get much follow-through. If the markets aren't liquid enough to feel credible, the team has less reason to keep using them. + diff --git a/inbox/queue/2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any.md b/inbox/queue/2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any.md index 4763c345..45bfb51e 100644 --- a/inbox/queue/2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any.md +++ b/inbox/queue/2026-03-24-telegram-m3taversal-interesting-hadnt-thought-about-it-that-way-any.md @@ -7,12 +7,16 @@ url: "" date: 2026-03-24 domain: internet-finance format: conversation -status: unprocessed +status: enrichment priority: high intake_tier: directed rationale: "interesting, hadnt thought about it that way. Any idea how much that sanctum proposal did in volume or is it too old for that info?" proposed_by: "@m3taversal" tags: [telegram, ownership-community] +processed_by: rio +processed_date: 2026-03-24 +enrichments_applied: ["sanctum-wonder-mobile-app-proposal-failed-futarchy-vote-march-2025.md", "futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Conversation @@ -32,3 +36,9 @@ RESEARCH: Sanctum CLOUD futarchy proposal volume liquidity 2025 **Rationale from contributor:** interesting, hadnt thought about it that way. Any idea how much that sanctum proposal did in volume or is it too old for that info? **Intake tier:** directed — fast-tracked, contributor provided reasoning **Triage:** Conversation may contain [CLAIM], [ENTITY], or [EVIDENCE] for extraction. + + +## Key Facts +- Volume data on Sanctum Wonder proposal is not available in accessible sources as of March 2026 +- Sanctum Wonder proposal failed in late March 2025 +- Sanctum's futarchy markets had lower liquidity than MetaDAO's markets