rio: extract from 2025-02-13-futardio-proposal-fund-the-drift-working-group.md
- Source: inbox/archive/2025-02-13-futardio-proposal-fund-the-drift-working-group.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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type: entity
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entity_type: decision_market
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name: "Drift: Fund The Drift Working Group?"
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domain: internet-finance
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status: passed
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parent_entity: "[[drift]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR"
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proposal_date: 2025-02-13
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resolution_date: 2025-02-16
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category: "grants"
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summary: "Proposal to establish community-run Drift Working Group with 50,000 DRIFT funding for 3-month trial period focused on content creation and community engagement"
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tracked_by: rio
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created: 2026-03-11
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---
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# Drift: Fund The Drift Working Group?
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## Summary
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Proposal to establish the Drift Working Group (DWG), a community-run initiative modeled after successful Solana ecosystem working groups. The proposal requested 50,000 DRIFT tokens to fund a 3-month trial period focused on content creation, community activation, and educational development. The working group would operate independently with initial collaboration from the Drift core team.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Proposal Date:** 2025-02-13
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- **Resolution Date:** 2025-02-16
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- **Funding Requested:** 50,000 DRIFT tokens
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- **Monthly Budget:** 15,400 DRIFT per month for 3 months, with 3,800 DRIFT for additional initiatives
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## Structure
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- **Leadership:** Socrates (3+ years crypto marketing expertise, technical background)
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- **Team Size:** Lead + 4 working group members
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- **Compensation:** Working Group Lead: 5,000 DRIFT/month; Team Members: 2,600 DRIFT/month each
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- **Governance:** 2/3 multisig wallet (working group lead + two Drift team members)
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- **Reporting:** Weekly updates to Drift team
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## Key Activities
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- Content creation across multiple mediums (tweets, videos)
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- Community activation initiatives ("Community Rituals") including live-streamed trading sessions
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- Educational materials for new users and complex features
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## Success Metrics
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- Creation of new community initiatives
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- Increased engagement across X (impressions, replies)
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- Increased community participation in Discord
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## Significance
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Demonstrates futarchy-governed community grants model where DAOs can fund experimental community initiatives with defined trial periods and performance tracking. The proposal explicitly frames this as experimental with plans to iterate based on learnings from the 3-month trial.
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## Relationship to KB
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- [[drift]] - parent entity receiving the working group
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- [[futardio]] - platform hosting the governance decision
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@ -37,6 +37,7 @@ Perpetuals DEX on Solana — one of the largest decentralized derivatives platfo
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- **2024-12-19** — AI Agents Grants program: 50K DRIFT for trading, yield, info, and social agents
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- **2025-02-13** — Drift Working Group funded via futarchy
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- **2025-02-16** — [[drift-fund-the-drift-working-group]] passed: Approved 50,000 DRIFT funding for 3-month Drift Working Group trial focused on community engagement and content creation
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## Competitive Position
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- **Futarchy validation**: Drift using MetaDAO's governance system is the strongest external validation signal — a major protocol choosing futarchy over traditional token voting for real treasury decisions.
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- **Future leverage threat**: Drift listing META perps would directly compete with OmniPair for leverage demand. This is OmniPair's identified "key vulnerability" — the moat is temporary.
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7w
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date: 2025-02-13
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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: "Factual governance proposal with standard working group structure. No novel mechanism insights or arguable claims beyond the documented decision. Entity extraction captures the decision market and updates parent entity timeline."
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---
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## Proposal Details
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@ -94,3 +98,11 @@ The DWG will be led by Socrates, bringing 3+ years of crypto marketing expertise
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- Autocrat version: 0.3
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- Completed: 2025-02-16
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- Ended: 2025-02-16
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## Key Facts
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- Drift Working Group proposal requested 50,000 DRIFT tokens for 3-month trial (2025-02-13)
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- DWG budget breakdown: 5,000 DRIFT/month for lead, 2,600 DRIFT/month per team member, 3,800 DRIFT for initiatives
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- DWG led by Socrates with 3+ years crypto marketing experience
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- Proposal passed on 2025-02-16
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- Governance structure: 2/3 multisig with working group lead and two Drift team members
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