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extract: 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer

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inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
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@ -6,9 +6,12 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
date: 2024-10-22 date: 2024-10-22
domain: internet-finance domain: internet-finance
format: data format: data
status: unprocessed status: enrichment
tags: [futardio, metadao, futarchy, solana, governance] tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal event_type: proposal
processed_by: rio
processed_date: 2026-03-16
extraction_model: "anthropic/claude-sonnet-4.5"
--- ---
## Proposal Details ## Proposal Details
@ -71,3 +74,13 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
- Autocrat version: 0.3 - Autocrat version: 0.3
- Completed: 2024-10-26 - Completed: 2024-10-26
- Ended: 2024-10-26 - Ended: 2024-10-26
## Key Facts
- MetaDAO's META token supply excluding DAO holdings is 19,755.7 tokens
- Including co-founder allocations (Nallok and Proph3t), META supply is 23,705.7 tokens
- MetaDAO founding engineer compensation includes 4-year vesting with no unlocks before November 2028
- Token unlocks are linear based on market cap: 100% at $5B market cap, 10% at $500M market cap
- $1B market cap defined as $42,198 per META token
- 8-month illiquid vest period with full clawback rights until July 2025
- Proposal B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 passed on 2024-10-26