rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md

- Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
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---
type: entity
entity_type: company
name: "FutureDAO"
domain: internet-finance
status: active
founded: 2024
platform: "Solana"
parent_org: "MetaDAO"
key_metrics:
governance: "futarchy via MetaDAO infrastructure"
product: "Future Protocol token migration tools"
tracked_by: rio
created: 2026-03-11
---
# FutureDAO
## Overview
FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure. The organization builds the Future Protocol, which provides on-chain token migration tools to help communities affected by rug pulls recover and restore value. FutureDAO positions itself as Solana's Emergency Response Team (S.E.R.T.).
## Timeline
- **2024-06-14** — [[futuredao-fund-rug-bounty-program]] proposed: $5,000 USDC budget for Rug Bounty Platform development
- **2024-06-17** — Rug Bounty Program proposal voting ended
- **2024-06-19** — Rug Bounty Program proposal completed and passed
## Relationship to KB
- [[MetaDAO]] — governance infrastructure provider
- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
- Product addresses rug pull recovery, a significant problem in crypto communities
## Products
- **Token Migration Tool** — on-chain tool for community takeovers of rugged projects
- **Rug Bounty Program (RugBounty.xyz)** — incentive system for onboarding rugged communities to migration tool
- **$FUTURE token** — governance and utility token for the protocol

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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2024-06-14** — FutureDAO (MetaDAO-governed project) proposed Rug Bounty Program with $5,000 USDC budget; passed 2024-06-19
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGz
date: 2024-06-14
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Source is a futarchy governance proposal for product development funding. Created entity pages for FutureDAO (new organization) and the decision market (proposal entity). No novel claims about futarchy mechanisms — the proposal uses standard MetaDAO Autocrat infrastructure. The rug bounty mechanism itself is a product feature, not a governance innovation. Key contribution is documenting FutureDAO as a MetaDAO-governed project building rug pull recovery tools."
---
## Proposal Details
@ -180,3 +184,11 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu
- Autocrat version: 0.3
- Completed: 2024-06-19
- Ended: 2024-06-17
## Key Facts
- FutureDAO Rug Bounty Program budget: $5,000 USDC ($3K platform, $1K website, $1K QA, $1K+ operational)
- Rug Bounty success criteria: >60% of original presale target raised in SOL
- FutureDAO positions as 'Solana's Emergency Response Team (S.E.R.T.)'
- Proposal 2 for FutureDAO, passed 2024-06-19 after 3-day voting period
- Autocrat version 0.3 used for governance