diff --git a/entities/internet-finance/deans-list.md b/entities/internet-finance/deans-list.md index b25e8caa..fc235ed9 100644 --- a/entities/internet-finance/deans-list.md +++ b/entities/internet-finance/deans-list.md @@ -47,3 +47,5 @@ Topics: ## Timeline - **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase + +- **2024-06-08** — [[islanddao-reward-waterloo-blockchain-club]] passed: allocated 1M $DEAN tokens (~$1,300) to University of Waterloo Blockchain Club with conditional 5% FDV increase requirement \ No newline at end of file diff --git a/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md b/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md new file mode 100644 index 00000000..7e426e6e --- /dev/null +++ b/entities/internet-finance/islanddao-reward-waterloo-blockchain-club.md @@ -0,0 +1,39 @@ +--- +type: entity +entity_type: decision_market +name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens" +domain: internet-finance +status: passed +parent_entity: "[[deans-list]]" +platform: "futardio" +proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" +proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc" +proposal_date: 2024-06-08 +resolution_date: 2024-06-11 +category: "grants" +summary: "Allocate 1 million $DEAN tokens to University of Waterloo Blockchain Club to foster collaboration and attract talent" +tracked_by: rio +created: 2026-03-11 +--- + +# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens + +## Summary +This proposal allocated 1 million $DEAN tokens (equivalent to 1,300 USDC at the time) to the University of Waterloo Blockchain Club. The stated goals were to strengthen partnership, attract skilled talent from the 200-member club, and increase participation in DAO governance. The proposal passed with a condition that the partnership should result in a 5% increase in the DAO's fully diluted valuation (FDV) over a 5-day trading period. + +## Market Data +- **Outcome:** Passed +- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz +- **Token Allocation:** 1,000,000 $DEAN (~1,300 USDC) +- **FDV at Proposal:** $115,655 +- **Required FDV Increase:** $5,783 (5%) +- **Trading Period:** 5 days +- **Completed:** 2024-06-11 + +## Significance +This proposal demonstrates futarchy-governed grant allocation with explicit performance conditions tied to token price impact. The proposal included a detailed economic model estimating that each of the 200 students would need to contribute activities increasing FDV by approximately $28.92 to meet the 5% threshold. The benefit-per-dollar calculation ($4.45 return for every $1 spent) represents an attempt to quantify partnership ROI in futarchic terms. + +## Relationship to KB +- [[deans-list]] - governance decision +- [[futardio]] - platform used +- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - mechanism context diff --git a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md index 1a8ebb66..729eb9aa 100644 --- a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md +++ b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd date: 2024-06-08 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Governance proposal entity extracted. No novel claims about futarchy mechanisms - the economic modeling (benefit-per-dollar, per-student FDV contribution) is specific to this grant proposal rather than generalizable mechanism insight. The conditional FDV requirement is an application of existing futarchy principles already captured in KB." --- ## Proposal Details @@ -106,3 +110,11 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo - Autocrat version: 0.3 - Completed: 2024-06-11 - Ended: 2024-06-11 + + +## Key Facts +- IslandDAO (Dean's List DAO) had FDV of $115,655 as of 2024-06-08 +- 1 million $DEAN tokens were equivalent to 1,300 USDC at proposal time +- University of Waterloo Blockchain Club has 200 student members +- Proposal required 5% FDV increase ($5,783) over 5-day trading period +- Proposal passed and completed on 2024-06-11