ingestion: archive futardio proposal — 2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md
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type: source
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title: "Futardio: Engage in $50,000 OTC Trade with Ben Hawkins?"
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author: "futard.io"
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url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK"
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date: 2024-02-13
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domain: internet-finance
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format: data
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status: unprocessed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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---
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## Proposal Details
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- Project: MetaDAO
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- Proposal: Engage in $50,000 OTC Trade with Ben Hawkins?
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- Status: Failed
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- Created: 2024-02-13
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- URL: https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK
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- Description: Ben Hawkins is requesting to mint 1500 META
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## Summary
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### 🎯 Key Points
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Ben Hawkins proposes to mint 1,500 META tokens in exchange for $50,000 USDC, which will be sent to MetaDAO's treasury.
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### 📊 Impact Analysis
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#### 👥 Stakeholder Impact
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This trade provides immediate liquidity to MetaDAO's treasury, benefiting its overall financial stability.
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#### 📈 Upside Potential
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The transaction could enhance MetaDAO's capital position, allowing for future investments or projects.
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#### 📉 Risk Factors
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There is a risk of overvaluation if the market does not support the price of META tokens post-trade.
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## Content
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Ben Hawkins is requesting to mint 1500 META to GxHamnPVxsBaWdbUSjR4C5izhMv2snriGyYtjCkAVzze
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in exchange for Ben will send 50,000 USDC to be sent to ADCCEAbH8eixGj5t73vb4sKecSKo7ndgDSuWGvER4Loy the treasury to MetaDAO
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33.33 usdc per Meta
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## Raw Data
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- Proposal account: `US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK`
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- Proposal number: 6
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- DAO account: `7J5yieabpMoiN3LrdfJnRjQiXHgi7f47UuMnyMyR78yy`
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- Proposer: `HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz`
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- Autocrat version: 0.1
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- Completed: 2024-02-18
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- Ended: 2024-02-18
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