diff --git a/entities/internet-finance/metadao-appoint-nallok-proph3t-benevolent-dictators.md b/entities/internet-finance/metadao-appoint-nallok-proph3t-benevolent-dictators.md new file mode 100644 index 00000000..2b349084 --- /dev/null +++ b/entities/internet-finance/metadao-appoint-nallok-proph3t-benevolent-dictators.md @@ -0,0 +1,64 @@ +--- +type: entity +entity_type: decision_market +name: "MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months" +domain: internet-finance +status: passed +parent_entity: "[[metadao]]" +platform: "futardio" +proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" +proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW" +proposal_date: 2024-03-26 +resolution_date: 2024-03-31 +category: "strategy" +summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor compensation for three months to accelerate decision-making." +key_metrics: + compensation_requested_meta: 1015 + compensation_requested_usdc: 100000 + retroactive_months: 4 + forward_months: 3 + estimated_success_impact: "-20% if failed" +tracked_by: rio +created: 2026-03-11 +--- + +# MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months + +## Summary +This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) to address MetaDAO's slow execution speed caused by a costly and time-consuming proposal process. The appointment covered retroactive compensation for December-March and forward compensation for April-June, totaling 1015 META and 100,000 USDC. + +## Market Data +- **Outcome:** Passed +- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz +- **Resolution:** 2024-03-31 +- **Proposal Number:** 14 + +## Scope of Authority +The BDF3M role granted Proph3t and Nallok authority over: +- Retroactive compensation for all contributions prior to the proposal +- Business operations including off-chain proposal process management, project management, expenses, and security improvements +- Current contributor compensation including incentive-based components +- Exceptional use grants for MetaDAO's code licenses +- Monthly community updates + +## Compensation Structure +- **Total:** 1015 META + 100,000 USDC +- **Period:** 7 months (4 retroactive + 3 forward) +- **Average:** 145 META + $14,000 per month +- **Distribution:** From multisigs rather than DAO treasury directly +- **Vesting:** META likely issued in 5-year locked form + +## OKRs +- Execute faster: Complete 10 GitHub issues per week +- Handle retroactive compensation within 1 week of passage +- Oversee new landing page creation +- Perform operations compensation for April-June + +## Significance +This proposal represented a critical governance transition where MetaDAO temporarily centralized decision-making authority to overcome execution bottlenecks. The proposers estimated that failure would decrease MetaDAO's success probability by over 20%, framing this as an existential decision point. The three-month term was designed as a bridge until futarchy could function autonomously or another governance structure could be established. + +## Relationship to KB +- [[metadao]] - governance decision establishing temporary centralized leadership +- [[proph3t]] - appointed as BDF3M +- [[nallok]] - appointed as BDF3M +- [[futardio]] - platform where proposal was executed \ No newline at end of file diff --git a/inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md b/inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md index 24630344..6609b820 100644 --- a/inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md +++ b/inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZ date: 2024-03-26 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 establishing temporary centralized leadership structure. Created decision_market entity and timeline entry for parent MetaDAO entity. No novel claims - this is factual governance event data. The proposal's assertion about 20% success impact is self-reported and not independently verifiable, so treated as context rather than extractable claim." --- ## Proposal Details @@ -88,3 +92,11 @@ Although we make no hard commitments, the META would likely be issued in 5-year - Autocrat version: 0.1 - Completed: 2024-03-31 - Ended: 2024-03-31 + + +## Key Facts +- MetaDAO proposal 14 passed on 2024-03-31 appointing Proph3t and Nallok as BDF3M +- Compensation: 1015 META + 100,000 USDC for 7 months (4 retroactive, 3 forward) +- Term: 2024-03-26 to 2024-06-30 +- OKR target: 10 GitHub issues completed per week +- Proposers estimated failure would decrease MetaDAO success probability by >20%