rio: extract from 2025-10-15-futardio-proposal-lets-get-futarded.md
- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
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entities/internet-finance/coal-lets-get-futarded.md
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entities/internet-finance/coal-lets-get-futarded.md
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---
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type: entity
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entity_type: decision_market
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name: "coal: Let's get Futarded"
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domain: internet-finance
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status: passed
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parent_entity: "[[coal]]"
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platform: "futardio"
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proposer: "HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC"
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proposal_url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA"
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proposal_date: 2025-10-15
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resolution_date: 2025-10-18
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category: "treasury"
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summary: "Proposal to airdrop 420 coal to META holders, expand total supply to 25M, establish Development Fund, and migrate to v.06 DAO governance"
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tracked_by: rio
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created: 2026-03-11
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---
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# coal: Let's get Futarded
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## Summary
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This proposal executed three major changes for coal: (1) airdropped 420 coal to each of 2,314 eligible META holders (snapshot October 12, 2025), (2) increased total supply from 21M to 25M coal to fund the airdrop and establish a 3M+ coal Development Fund, and (3) migrated coal to MetaDAO's v.06 governance infrastructure with futarchy AMM and structured treasury management.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC
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- **Proposal Account:** 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA
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- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
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- **Autocrat Version:** 0.3
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- **Completed:** 2025-10-18
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## Proposal Structure
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### Airdrop Component
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- **Eligibility:** All META holders at October 12, 2025 snapshot holding ≥$100 worth of META
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- **Amount:** 420 coal per eligible wallet
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- **Total Recipients:** 2,314 wallets
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- **Total Airdrop:** 971,880 coal
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### Supply Expansion
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- **Previous Supply:** 21,000,000 coal
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- **New Supply:** 25,000,000 coal
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- **One-time Increase:** 4,000,000 coal
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- **Allocation:** 971,880 to airdrop, 3,028,120 to Development Fund
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- **Mining Emissions:** Unchanged
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### Development Fund
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- **Purpose:** Protocol development, futarchy experiments, community contributions, tooling, integrations, marketing, onboarding, liquidity seeding
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- **Manager:** DAO treasury
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- **Monthly Disbursement Cap:** 30,000 coal to Grant (lead dev)
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- **Large Grant Threshold:** Any single use >69,000 coal requires separate decision market
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- **Transparency:** Public ledger, monthly forum reports, verified addresses
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- **Liquidity Kickstart:** OTC buyer lined up to purchase portion of Dev Fund; proceeds seed futarchy AMM
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### v.06 DAO Governance Parameters
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- **TWAP Delay:** 1 day
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- **Minimum Liquidity:** 1,500 USDC, 2,000 coal
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- **Pass Threshold:** 100 bps
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- **Staking Requirement:** 10,000 coal
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- **Proposal Length:** 3 days
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## Significance
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This proposal represents a comprehensive governance and treasury architecture upgrade for a futarchy memecoin. The airdrop to META holders creates cross-pollination between MetaDAO's governance token community and coal's mining/memecoin community. The Development Fund with structured guardrails (monthly caps, large-grant decision markets, transparency requirements) demonstrates how futarchy DAOs can implement operational treasury management while maintaining market-based governance. The migration to v.06 infrastructure with futarchy AMM and formal proposal parameters shows the maturation path from experimental governance to production-ready DAO architecture.
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## Relationship to KB
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- [[coal]] — parent entity
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — demonstrates futarchy memecoin governance in practice
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- [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — exemplifies supply expansion for treasury funding
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- [[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]] — uses Autocrat v0.3 for governance
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entities/internet-finance/coal.md
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entities/internet-finance/coal.md
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---
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type: entity
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entity_type: company
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name: "coal"
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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total_supply: "25,000,000 (increased from 21,000,000)"
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airdrop_amount: "420 coal per eligible META holder"
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eligible_wallets: 2314
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dev_fund: "3,028,120 coal"
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monthly_disbursement_cap: "30,000 coal"
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large_grant_threshold: "69,000 coal (requires separate decision market)"
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---
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# coal
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## Overview
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coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana post-Ore transition. The project operates through minechain.gg and uses futarchy governance via MetaDAO's v.06 DAO infrastructure with conditional token markets for decision-making.
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## Timeline
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- **2025-10-12** — Snapshot taken of META holders for airdrop eligibility (2,314 wallets holding at least $100 worth of META)
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- **2025-10-15** — [[coal-lets-get-futarded]] proposal created to expand supply, airdrop to META holders, and establish Development Fund
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- **2025-10-18** — Proposal passed; total supply increased from 21M to 25M coal; 971,880 coal allocated to airdrop (420 per eligible wallet), 3,028,120 to Development Fund
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- **2025-10-18** — Migration to v.06 DAO governance with futarchy AMM, DAO treasury, and new proposal parameters (1-day TWAP delay, 1500 USDC/2000 coal minimum liquidity, 100 bps pass threshold, 10,000 coal stake requirement, 3-day proposal length)
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## Relationship to KB
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies futarchy memecoin model
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- [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — demonstrates supply expansion for treasury funding
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## Sources
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- Futardio proposal: Let's get Futarded (2025-10-15)
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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2025-10-18** — [[coal-lets-get-futarded]] passed: coal migrated to v.06 DAO governance infrastructure with futarchy AMM and structured treasury management
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLb
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date: 2025-10-15
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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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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Proposal is primarily factual governance/treasury data. Created coal entity (new futarchy memecoin) and decision_market entity for the proposal. Updated MetaDAO timeline with coal's v.06 migration. No novel claims about futarchy mechanisms—the proposal demonstrates existing patterns (supply expansion for treasury funding, structured disbursement caps, large-grant decision markets) already captured in KB. The airdrop to META holders and v.06 migration are significant events but represent execution of known futarchy DAO patterns rather than new mechanism insights."
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---
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## Proposal Details
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- Autocrat version: 0.3
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- Completed: 2025-10-18
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- Ended: 2025-10-18
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## Key Facts
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- coal total supply increased from 21M to 25M (2025-10-18)
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- 2,314 META holder wallets eligible for 420 coal airdrop (snapshot 2025-10-12)
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- coal Development Fund allocated 3,028,120 coal with 30,000 monthly disbursement cap
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- coal v.06 DAO parameters: 1-day TWAP delay, 1500 USDC/2000 coal minimum liquidity, 100 bps pass threshold, 10,000 coal stake requirement, 3-day proposals
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- coal is the only PoW coin on Solana post-Ore transition
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