rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md

- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

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---
type: entity
entity_type: decision_market
name: "Coal: Cut emissions by 50%?"
domain: internet-finance
status: passed
parent_entity: "[[coal]]"
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
tracked_by: rio
created: 2026-03-11
---
# Coal: Cut emissions by 50%?
## Summary
Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
## Market Data
- **Outcome:** Passed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
- **Proposal Number:** 1
- **Autocrat Version:** 0.3
## Significance
This represents Coal's transition from a fixed algorithmic emission schedule to futarchy-governed monetary policy. The original schedule called for halvings at each 5% increase in circulating supply, but this was explicitly temporary. By moving to bi-monthly decision markets, Coal is implementing dynamic, market-driven token economics rather than predetermined rules. The proposal passed, indicating market confidence in both the immediate emission reduction and the governance framework shift.
The 50% emission cut addresses the ~110% annual inflation rate that resulted from six previous halvings under the original schedule. The next scheduled halving would have occurred at 7.35M circulating supply; this proposal accelerates that reduction and establishes ongoing governance rather than waiting for supply thresholds.
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism pattern
- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - underlying governance mechanism

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---
type: entity
entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: solana
governance: futarchy
tracked_by: rio
created: 2026-03-11
---
# Coal
## Overview
Coal is a futarchy-governed token project on Solana using dynamic emission rate adjustments through bi-monthly decision markets. Originally launched with an algorithmic halving schedule (emission rate halving at each 5% circulating supply increase), Coal transitioned to market-governed monetary policy in November 2024. The project uses [[futardio]] for governance decisions.
## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly futarchy governance for monetary policy
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance model
- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - underlying mechanism

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWp
date: 2024-11-13
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: "Factual governance proposal with no novel mechanism insights. The transition from algorithmic to futarchy-governed emissions is already covered by existing claims on dynamic token minting. Created entity files for Coal project and the specific decision market. No new claims warranted - this is implementation of known patterns, not new theory."
---
## Proposal Details
@ -66,3 +70,11 @@ A follow-up decision market will be held in early January, approximately two mon
- Autocrat version: 0.3
- Completed: 2024-11-17
- Ended: 2024-11-17
## Key Facts
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation (2024-11-13)
- Coal had undergone six halvings under original schedule before this proposal (2024-11-13)
- Next scheduled halving would occur at 7.35M circulating supply under original rules (2024-11-13)
- Proposal passed 2024-11-17, four days after creation
- Follow-up decision market scheduled for early January 2025 (~2 months after this proposal)