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# MetaDAO Proposal 1: Develop a LST Vote Market?
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**Date:** 2026-03-23
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**Status:** Passed
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**Category:** Strategy / Product Development
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**Parent Entity:** [[metadao]]
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## Overview
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Proposal to develop an LST (Liquid Staking Token) bribe platform as the first profit-turning product under the Meta-DAO umbrella. The proposal frames this as a legitimacy-building strategy for the fundamentally new organizational model.
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## Rationale
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The proposer argues that Meta-DAO lacks legitimacy as a fundamentally new kind of organization and needs to prove the model works. The proposed approach is building profit-turning products rather than other legitimacy strategies.
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## Proposed Product
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An LST bribe platform that would:
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- Allow MNDE and mSOL holders to earn extra yield
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- Enable holders to direct their stake to validators who pay them
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- Compete with existing bribe markets
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## Strategic Context
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This represents Meta-DAO's first attempt to establish organizational legitimacy through revenue-generating products rather than governance innovation alone. The proposal explicitly positions product success as the primary legitimacy mechanism.
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## Outcome
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Passed with unspecified volume.
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## Related
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- [[metadao]]
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- Legitimacy through product-market fit strategy
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- LST governance markets
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@ -222,6 +222,12 @@ p2p.me is launching via MetaDAO's platform, with Shayon Sengupta (Multicoin part
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P2P.me ICO on MetaDAO attracted public investment theses from three venture investors (Multicoin's Shay Sengupta, Moonrock Capital's SJ Dedic, and ex-Solana Foundation's Kuleen Nimkar) who competed alongside retail for allocation, demonstrating institutional validation of the futarchy-governed ICO model. The announcement notes 'More funds are rolling in to compete for an allocation alongside retail' suggesting competitive dynamics rather than preferential access.
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### Additional Evidence (confirm)
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*Source: [[metadao-proposals-1-through-15]] | Added: 2026-03-25*
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Proposal 1 explicitly frames MetaDAO's legitimacy strategy as 'building profit-turning products under the Meta-DAO umbrella' with the LST bribe platform as the first product. This confirms MetaDAO's positioning as a platform for launching futarchy-governed projects, not just a single DAO.
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@ -5,10 +5,14 @@ title: "MetaDAO Proposals 1-15 — Full Proposal Text"
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date: 2026-03-23
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domain: internet-finance
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format: governance-document
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status: unprocessed
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status: processed
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proposed_by: "@m3taversal"
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contribution_type: research-direction
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tags: [metadao, governance, proposals, decision-markets]
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processed_by: rio
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processed_date: 2026-03-25
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enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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---
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**Proposal 1: Develop a LST Vote Market?**
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@ -26,3 +30,10 @@ The Meta-DAO is awakening.
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Given that the Meta-DAO is a fundamentally new kind of organization, it lacks legitimacy. To gain legitimacy, we need to first *prove that the model works*. I believe that the best way to do that is by building profit-turning products under the Meta-DAO umbrella.
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Here, we propose the first one: an[[ LST bribe platform]{.underline}](https://twitter.com/durdenwannabe/status/1683150792843464711). This platform would allow MNDE and mSOL holders to earn extra yield by[[ directing their stake]{.underline}](https://docs.marinade.finance/marinade-products/directed-stake#snapshot-system) to validators who pay them. A bribe market already exists, but it\s
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## Key Facts
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- MetaDAO Proposal 1 passed with unspecified volume
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- Proposal 1 targeted MNDE and mSOL holders for LST bribe platform
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- A bribe market already existed at time of proposal
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- Proposal explicitly framed legitimacy as requiring proof that the model works through profit-turning products
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