extract: 2025-11-14-futardio-launch-solomon

Pentagon-Agent: Ganymede <F99EBFA6-547B-4096-BEEA-1D59C3E4028A>

domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md

@@ -42,6 +42,12 @@ Avici achieved 17x oversubscription ($34.2M committed vs $2M target), exceeding
 
 Loyal's fundraise achieved 151x oversubscription ($75.9M committed vs $500K target), far exceeding the previously documented 15x pattern. The final raise settled at $2.5M, suggesting the platform's conditional market mechanisms successfully filtered commitment from actual capital deployment.
 
+
+### Additional Evidence (confirm)
+*Source: [[2025-11-14-futardio-launch-solomon]] | Added: 2026-03-16*
+
+Solomon raised $102.9M committed against $2M target (51x oversubscription), closing at $8M final raise. This adds to the pattern of massive oversubscription on futarchy-governed launches, following earlier examples like Cult's $11.4M single-day raise.
+
 ---
 
 Relevant Notes:

domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md

@@ -28,6 +28,12 @@ The convergence toward lower volatility in recent launches (maximum 30% drawdown
 ## Limitations
 The lower volatility in recent launches could reflect declining speculative interest rather than superior price discovery. The capital efficiency problem may be solvable through secondary markets for subscription rights or through hybrid mechanisms that combine pro-rata allocation with price discovery. This analysis is based on a single source and limited to 8 data points, warranting experimental confidence.
 
+
+### Additional Evidence (confirm)
+*Source: [[2025-11-14-futardio-launch-solomon]] | Added: 2026-03-16*
+
+Solomon's 51x oversubscription ($102.9M committed vs $8M accepted) required returning $94.9M to participants, demonstrating the capital inefficiency of oversubscribed raises even when the platform caps final acceptance.
+
 ---
 
 Relevant Notes:

inbox/archive/2025-11-14-futardio-launch-solomon.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
 date: 2025-11-14
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-16
+enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md", "pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Launch Details
@@ -69,3 +73,14 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
 - Version: v0.6
 - Final raise: $8,000,000.00
 - Closed: 2025-11-18
+
+
+## Key Facts
+- Solomon raised $102,932,673.08 committed against $2M target on futard.io
+- Solomon closed at $8M final raise on 2025-11-18
+- Solomon's raise structure: 20% of gross to MetaDAO for token liquidity, 80% nets to Solomon DAO treasury
+- Solomon ran closed beta for one year with seven-figure TVL before public launch
+- Solomon custody is segregated with Ceffu and carries insurance coverage
+- Solomon Solana programs are audited with admin operations via Squads multisig
+- Solomon survived October 10, 2024 Binance price dislocation with zero incidents
+- Solomon's basis trade strategy targets ~16% APR on treasury capital