diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index cf50ed00..6220428a 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -65,6 +65,7 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2024-01-24** — Proposed AMM program to replace CLOB markets, addressing liquidity fragmentation and state rent costs (Proposal CF9QUBS251FnNGZHLJ4WbB2CVRi5BtqJbCqMi47NX1PG) - **2024-01-29** — AMM proposal passed with 400 META on approval and 800 META on completion budget - **2024-08-31** — Passed proposal to enter services agreement with Organization Technology LLC, creating US entity vehicle for paying contributors with $1.378M annualized burn rate. Entity owns no IP (all owned by MetaDAO LLC) and cannot encumber MetaDAO LLC. Agreement cancellable with 30-day notice or immediately for material breach. +- **2024-03-19** — Proposal 13 passed: $250k OTC trade with Colosseum for META tokens, structured as 20% immediate unlock and 80% vested over 12 months. Price set at TWAP of pass market (capped at $850, void above $1,200). Colosseum committed to sponsor DAO track in next Solana hackathon post-Renaissance ($50-80k prize pool). ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------|