rio: extract from 2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md
- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
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---
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type: entity
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entity_type: decision_market
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name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
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domain: internet-finance
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status: passed
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parent_entity: "[[deans-list]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
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proposal_date: 2024-06-08
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resolution_date: 2024-06-11
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category: "grants"
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summary: "Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 students with target 5% FDV increase"
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tracked_by: rio
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created: 2026-03-11
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---
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# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
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## Summary
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Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal targeted a 5% increase in The Dean's List DAO's fully diluted valuation ($5,783 increase from $115,655 baseline) over a 5-day trading period as the success condition. The proposal passed, completing on 2024-06-11.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Trading Period:** 5 days (2024-06-08 to 2024-06-11)
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- **Token Allocation:** 1,000,000 $DEAN (~$1,300 USDC)
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- **Target FDV Impact:** 5% increase ($5,783)
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- **Projected ROI:** $4.45 benefit per dollar spent
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- **Target Participants:** 200 University of Waterloo Blockchain Club students
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## Significance
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This proposal demonstrates futarchy-governed grant allocation with explicit ROI modeling. The proposal calculated that each of 200 students needed to contribute activities increasing FDV by $28.915 to meet the 5% threshold. The justification framed university partnership as talent pipeline investment rather than pure marketing spend, with tokens held in multi-signature wallet for "secure and responsible management."
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The proposal's economic model explicitly tied grant spending to measurable FDV impact, creating accountability through conditional market resolution. This represents an attempt to apply futarchy's market-based decision-making to community development and talent acquisition spending.
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## Relationship to KB
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- [[deans-list]] - parent DAO making the grant decision
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- [[futardio]] - platform hosting the decision market
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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]] - governance mechanism used
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@ -47,3 +47,5 @@ Topics:
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## Timeline
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- **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase
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- **2024-06-08** — [[deans-list-reward-waterloo-blockchain-club]] passed: allocated 1M $DEAN tokens ($1,300 USDC) to University of Waterloo Blockchain Club with 200 members, targeting 5% FDV increase ($5,783) over 5-day trading period
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd
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date: 2024-06-08
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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: "Governance proposal with detailed ROI modeling but no novel mechanism claims. The economic justification ($4.45 benefit per dollar) is self-reported projection, not verified outcome. Entity extraction captures the decision market structure and financial parameters. No extractable claims—this is factual governance data documenting a passed proposal with explicit success metrics."
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---
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## Proposal Details
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@ -106,3 +110,11 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo
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- Autocrat version: 0.3
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- Completed: 2024-06-11
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- Ended: 2024-06-11
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## Key Facts
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- The Dean's List DAO FDV was $115,655 as of 2024-06-08
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- 1 million $DEAN tokens = $1,300 USDC equivalent (2024-06-08)
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- University of Waterloo Blockchain Club had 200 student members
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- Proposal calculated $28.915 required FDV contribution per student to meet 5% threshold
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- Tokens were to be held in multi-signature wallet
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