diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..c918a32e 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -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 +- **2025-03-05** — Sanctum proposal 4 created: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults? (passed 2025-03-08) ## 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." diff --git a/entities/internet-finance/sanctum-use-25m-cloud-incentivise-inf-sol-liquidity.md b/entities/internet-finance/sanctum-use-25m-cloud-incentivise-inf-sol-liquidity.md new file mode 100644 index 00000000..dc59a25f --- /dev/null +++ b/entities/internet-finance/sanctum-use-25m-cloud-incentivise-inf-sol-liquidity.md @@ -0,0 +1,38 @@ +--- +type: entity +entity_type: decision_market +name: "Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?" +domain: internet-finance +status: passed +parent_entity: "[[sanctum]]" +platform: "futardio" +proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2" +proposal_url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q" +proposal_date: 2025-03-05 +resolution_date: 2025-03-08 +category: "treasury" +summary: "Proposal to allocate up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity through Kamino Vaults with 20% initial yield dropping to 15%" +tracked_by: rio +created: 2026-03-11 +--- + +# Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults? + +## Summary +Sanctum proposed using up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity via Kamino Vaults, offering LPs a 20% yield for the first month, then dropping to 15% thereafter. The goal was to deepen INF-SOL liquidity to support large depositors and position INF as the liquidity nexus for all LSTs on Solana. The Kamino team would guarantee 15% APY on up to $2.5M TVL until the CLOUD allocation is exhausted, with incentives expected to last at least 6 months at the TVL cap. + +## Market Data +- **Outcome:** Passed +- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 +- **Proposal Number:** 4 +- **Completed:** 2025-03-08 + +## Context +INF has been one of the best-performing SOL-based assets, slightly underperforming the best available LST but outperforming mSOL and jitoSOL. However, INF-SOL liquidity was insufficient for large depositors. The proposal noted that >95% of existing xSOL-SOL liquidity on AMMs comes from Kamino managed vaults, and the INF-SOL Kamino vault had historically outperformed a 100% INF HODL strategy due to high capital velocity. + +## Significance +This proposal demonstrates standard liquidity incentive mechanisms in DeFi, using token emissions to bootstrap market depth. The 20% → 15% yield structure follows industry norms for initial liquidity attraction. The decision to use Kamino Vaults reflects the market reality that users prefer managed positions over manual liquidity provision. + +## Relationship to KB +- [[sanctum]] - treasury allocation decision +- [[MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions]] - example of uncontested proposal diff --git a/inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md b/inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md index 1279d722..19cd429e 100644 --- a/inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md +++ b/inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md @@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7 date: 2025-03-05 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 +enrichments_applied: ["MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md"] +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Governance proposal with standard DeFi liquidity incentive mechanics. No novel claims about futarchy mechanisms or market dynamics. Primary value is entity tracking (decision_market creation) and enrichment of existing claim about uncontested futarchy decisions. The proposal demonstrates typical treasury allocation for liquidity bootstrapping using established yield targets (15-20% APY) and managed vault infrastructure (Kamino)." --- ## Proposal Details @@ -75,3 +80,11 @@ Assuming the $2.5M TVL cap is reached, incentives should last 6 months at least. - Autocrat version: 0.3 - Completed: 2025-03-08 - Ended: 2025-03-08 + + +## Key Facts +- INF slightly underperforms the best available LST but outperforms mSOL and jitoSOL (2025-03-05) +- More than 95% of existing xSOL-SOL liquidity on AMMs comes from Kamino managed vaults +- INF-SOL Kamino vault has historically outperformed 100% INF HODL strategy +- Industry standard for LP incentives is 15% combined (fees + incentives) annual yield +- Sanctum proposal 4 passed on 2025-03-08, allocating up to 2.5M CLOUD for liquidity incentives