diff --git a/inbox/archive/2024-02-05-futardio-proposal-execute-creation-of-spot-market-for-meta.md b/inbox/archive/2024-02-05-futardio-proposal-execute-creation-of-spot-market-for-meta.md index 6b11e782..3c352abc 100644 --- a/inbox/archive/2024-02-05-futardio-proposal-execute-creation-of-spot-market-for-meta.md +++ b/inbox/archive/2024-02-05-futardio-proposal-execute-creation-of-spot-market-for-meta.md @@ -6,9 +6,12 @@ url: "https://www.futard.io/proposal/HyA2h16uPQBFjezKf77wThNGsEoesUjeQf9rFvfAy4t date: 2024-02-05 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-15 +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Proposal Details @@ -61,3 +64,12 @@ Obviously, there is no algorithmic guarantee that the multisig members will actu - Autocrat version: 0.1 - Completed: 2024-02-10 - Ended: 2024-02-10 + + +## Key Facts +- MetaDAO Proposal 5 passed on 2024-02-05 and completed on 2024-02-10 +- The proposal transferred 4,130 META to a 4/6 multisig: 3,100 META for sale participants, 1,000 META for liquidity pool, 30 META for multisig compensation (5 META each) +- Initial META spot price was set at 35 USDC/META through the liquidity pool pairing +- Multisig members were Proph3t, Dean, Nallok, Durden, Rar3, and BlockchainFixesThis +- Participants had a 2-day window (Feb 5-7) to transfer USDC for their allocations +- The liquidity pool was likely created on Meteora