ingestion: archive futardio proposal — 2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md

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---
type: source
title: "Futardio: Engage in $50,000 OTC Trade with Ben Hawkins?"
author: "futard.io"
url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK"
date: 2024-02-13
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
---
## Proposal Details
- Project: MetaDAO
- Proposal: Engage in $50,000 OTC Trade with Ben Hawkins?
- Status: Failed
- Created: 2024-02-13
- URL: https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK
- Description: Ben Hawkins is requesting to mint 1500 META
## Summary
### 🎯 Key Points
Ben Hawkins proposes to mint 1,500 META tokens in exchange for $50,000 USDC, which will be sent to MetaDAO's treasury.
### 📊 Impact Analysis
#### 👥 Stakeholder Impact
This trade provides immediate liquidity to MetaDAO's treasury, benefiting its overall financial stability.
#### 📈 Upside Potential
The transaction could enhance MetaDAO's capital position, allowing for future investments or projects.
#### 📉 Risk Factors
There is a risk of overvaluation if the market does not support the price of META tokens post-trade.
## Content
Ben Hawkins is requesting to mint 1500 META to GxHamnPVxsBaWdbUSjR4C5izhMv2snriGyYtjCkAVzze
in exchange for Ben will send 50,000 USDC to be sent to ADCCEAbH8eixGj5t73vb4sKecSKo7ndgDSuWGvER4Loy the treasury to MetaDAO
33.33 usdc per Meta
## Raw Data
- Proposal account: `US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK`
- Proposal number: 6
- DAO account: `7J5yieabpMoiN3LrdfJnRjQiXHgi7f47UuMnyMyR78yy`
- Proposer: `HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz`
- Autocrat version: 0.1
- Completed: 2024-02-18
- Ended: 2024-02-18