rio: extract from 2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md
- Source: inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
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---
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type: entity
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entity_type: decision_market
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name: "Sanctum: Should Sanctum offer investors early unlocks of their CLOUD?"
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domain: internet-finance
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status: failed
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parent_entity: "[[sanctum]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX"
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proposal_account: "C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX"
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proposal_date: 2025-08-20
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resolution_date: 2025-08-23
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category: "treasury"
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summary: "Proposal to allow investors immediate unlock of vested CLOUD by forfeiting 35% to Team Reserve"
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autocrat_version: "0.3"
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tracked_by: rio
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created: 2026-03-11
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---
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# Sanctum: Should Sanctum offer investors early unlocks of their CLOUD?
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## Summary
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This proposal would have empowered the Sanctum Team to offer investors immediate unlocks of their vesting CLOUD tokens in exchange for forfeiting 35% of their holdings to the Team Reserve. With 9% of token supply unlocking monthly over 24 months from investors, the mechanism could have increased the Team Reserve by up to 27 million CLOUD while reducing token overhang. The team committed not to redistribute forfeited tokens for at least 24 months.
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## Market Data
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- **Outcome:** Failed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Platform:** Futardio (MetaDAO Autocrat v0.3)
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- **Proposal Account:** C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX
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- **Created:** 2025-08-20
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- **Completed:** 2025-08-23
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- **Discussion:** https://research.sanctum.so/t/cloud-005-should-sanctum-offer-investors-early-unlocks-of-their-cloud-under-deliberation/1793
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## Significance
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This proposal represents an alternative to standard time-based vesting: forfeit-for-liquidity rather than hedgeable lockups. The 35% haircut creates direct economic cost for early unlock, contrasting with traditional vesting that can be neutralized through derivatives. The market's rejection suggests participants did not believe the forfeit mechanism would improve token price despite reducing overhang, revealing futarchy's ability to price complex treasury mechanics. The proposal also demonstrates MetaDAO's use for substantive governance decisions beyond simple parameter changes.
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## Relationship to KB
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- [[sanctum]] - parent entity governance decision
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- [[time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked]] - alternative mechanism to hedgeable vesting
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- [[MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions]] - data point on futarchy market liquidity
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- [[futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements]] - demonstrates proposal complexity friction
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@ -6,7 +6,7 @@ url: "https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6C
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date: 2025-08-20
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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@ -14,6 +14,11 @@ processed_date: 2025-08-20
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enrichments_applied: ["time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "No new claims extracted. Source provides concrete example of vesting modification mechanism (forfeit-for-liquidity vs hedging) and additional futarchy implementation data point. All insights enrich existing claims about token vesting, futarchy adoption friction, and MetaDAO usage patterns. The failed proposal itself is a factual event, not an arguable claim."
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processed_by: rio
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processed_date: 2026-03-11
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enrichments_applied: ["time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "No new claims extracted. Source provides concrete example of forfeit-for-liquidity as alternative to hedgeable vesting, additional futarchy implementation data point showing limited volume in substantive but uncontested decisions, and demonstrates proposal complexity friction. Created decision_market entity for the proposal itself and updated Sanctum parent entity timeline. All substantive insights enrich existing claims about token vesting mechanisms, futarchy adoption patterns, and MetaDAO usage."
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---
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## Proposal Details
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@ -68,3 +73,15 @@ Read the full proposal here https://research.sanctum.so/t/cloud-005-should-sanct
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- Potential increase of up to 27 million CLOUD to Team Reserve if all investors opted in
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- Team committed not to redistribute forfeited tokens for 24 months
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- Proposal used MetaDAO Autocrat v0.3
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## Key Facts
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- Sanctum proposal C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX failed (2025-08-23)
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- 9% of CLOUD token supply was unlocking monthly over 24 months from investors
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- Proposal would have allowed 35% forfeit for immediate unlock
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- Potential increase of up to 27 million CLOUD to Team Reserve if all investors opted in
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- Team committed not to redistribute forfeited tokens for 24 months
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- Proposal used MetaDAO Autocrat v0.3
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- Proposal account: C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX
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- DAO account: GVmi7ngRAVsUHh8REhKDsB2yNftJTNRt5qMLHDDCizov
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- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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