rio: extract from 2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md
- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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@ -47,3 +47,5 @@ Topics:
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## Timeline
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## Timeline
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- **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
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- **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
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- **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
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---
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type: entity
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entity_type: decision_market
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name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
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domain: internet-finance
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status: passed
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parent_entity: "[[deans-list]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
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proposal_date: 2024-06-08
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resolution_date: 2024-06-11
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category: "grants"
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summary: "Allocate 1 million $DEAN tokens to University of Waterloo Blockchain Club to foster collaboration and attract talent"
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tracked_by: rio
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created: 2026-03-11
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---
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# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Token Allocation:** 1,000,000 $DEAN (~1,300 USDC)
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- **FDV at Proposal:** $115,655
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- **Required FDV Increase:** $5,783 (5%)
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- **Trading Period:** 5 days
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- **Completed:** 2024-06-11
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## Significance
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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.
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## Relationship to KB
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- [[deans-list]] - governance decision
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- [[futardio]] - platform used
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- [[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
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd
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date: 2024-06-08
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date: 2024-06-08
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domain: internet-finance
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domain: internet-finance
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format: data
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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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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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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: "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."
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---
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---
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## Proposal Details
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## Proposal Details
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@ -106,3 +110,11 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo
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- Autocrat version: 0.3
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- Autocrat version: 0.3
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- Completed: 2024-06-11
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- Completed: 2024-06-11
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- Ended: 2024-06-11
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- Ended: 2024-06-11
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## Key Facts
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- IslandDAO (Dean's List DAO) had FDV of $115,655 as of 2024-06-08
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- 1 million $DEAN tokens were equivalent to 1,300 USDC at proposal time
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- University of Waterloo Blockchain Club has 200 student members
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- Proposal required 5% FDV increase ($5,783) over 5-day trading period
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- Proposal passed and completed on 2024-06-11
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