rio: extract from 2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md

- Source: inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/kamino.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: company
+name: Kamino
+domain: internet-finance
+status: active
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Kamino
+
+## Overview
+Kamino is a Solana-based DeFi protocol providing managed liquidity vaults that automatically rebalance concentrated liquidity positions. As of 2025, Kamino vaults represent over 95% of xSOL-SOL liquidity on Solana AMMs, demonstrating that users prefer third-party managed positions over manual liquidity provision.
+
+## Timeline
+- **2025-03-05** — Sanctum selected Kamino vaults for INF-SOL liquidity incentives, citing that 95%+ of existing xSOL-SOL liquidity comes from Kamino managed positions
+- **2025-03-05** — INF-SOL Kamino vault demonstrated outperformance versus 100% INF HODL strategy, attributed to high capital velocity (trading volume relative to TVL)
+
+## Relationship to KB
+- [[sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-liquidity-via-kamino-vaults]] - liquidity partner
+- Market position as dominant managed liquidity provider on Solana suggests automated rebalancing is prerequisite for LP participation in volatile pairs

entities/internet-finance/sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-liquidity-via-kamino-vaults.md

@@ -0,0 +1,38 @@
+---
+type: entity
+entity_type: decision_market
+name: "Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?"
+domain: internet-finance
+status: passed
+parent_entity: "[[sanctum]]"
+platform: "futardio"
+proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
+proposal_url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q"
+proposal_date: 2025-03-05
+resolution_date: 2025-03-08
+category: "treasury"
+summary: "Treasury allocation to incentivize INF-SOL liquidity via Kamino Vaults with 20% initial yield dropping to 15%"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?
+
+## Summary
+Sanctum proposed allocating up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity through Kamino managed vaults. The proposal offered LPs a 20% combined yield for the first month, then 15% thereafter, targeting $2.5M TVL cap with estimated 6-month duration. The rationale was that INF outperforms major LSTs (mSOL, jitoSOL) but lacks sufficient SOL native liquidity for large depositors, and that Kamino vaults represent 95%+ of existing xSOL-SOL liquidity.
+
+## Market Data
+- **Outcome:** Passed
+- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
+- **Resolution:** 2025-03-08 (3-day window)
+- **Capital at stake:** Up to 2.5M CLOUD tokens
+- **Target TVL:** $2.5M
+- **Incentive structure:** 20% APY month 1, then 15% APY for ~5 months
+
+## Significance
+This proposal demonstrates futarchy governance applied to treasury-funded liquidity incentives, a common DeFi operation. The decision to use Kamino vaults rather than direct AMM liquidity reflects empirical observation that 95%+ of xSOL-SOL liquidity comes from managed positions. The proposal passed without apparent controversy, consistent with the pattern that futarchy markets show limited activity when proposals are uncontested.
+
+## Relationship to KB
+- [[sanctum]] - parent entity governance decision
+- [[MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions]] - exemplifies this pattern
+- [[futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs]] - treasury allocation mechanism

inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md

@@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7
 date: 2025-03-05
 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
+enrichments_applied: ["MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Proposal is primarily operational treasury allocation with limited mechanism insight. Main contribution is empirical data on Kamino's market dominance (95%+ of xSOL-SOL liquidity) and the observation that users require managed positions for LP participation. Created decision_market entity for the proposal, enriched existing futarchy trading volume claim, and created new Kamino entity given its significance as infrastructure. No novel claims warranted - this is execution of known DeFi liquidity incentive patterns via futarchy governance."
 ---
 
 ## Proposal Details
@@ -75,3 +80,11 @@ Assuming the $2.5M TVL cap is reached, incentives should last 6 months at least.
 - Autocrat version: 0.3
 - Completed: 2025-03-08
 - Ended: 2025-03-08
+
+
+## Key Facts
+- INF slightly underperforms best available LST but outperforms mSOL and jitoSOL (2025-03-05)
+- Kamino vaults represent 95%+ of xSOL-SOL liquidity on Solana AMMs (2025-03-05)
+- INF-SOL Kamino vault outperformed 100% INF HODL strategy (2025-03-05)
+- Industry standard LP yield target is 15% combined (fees + incentives) (2025-03-05)
+- Sanctum proposal offered 20% APY month 1, then 15% APY targeting $2.5M TVL cap (2025-03-05)