rio: extract from 2023-12-16-futardio-proposal-develop-a-saber-vote-market.md

- Source: inbox/archive/2023-12-16-futardio-proposal-develop-a-saber-vote-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/blazestake.md

@@ -0,0 +1,21 @@
+---
+type: entity
+entity_type: company
+name: "BlazeStake"
+domain: internet-finance
+status: active
+tracked_by: rio
+created: 2026-03-11
+---
+
+# BlazeStake
+
+## Overview
+BlazeStake is a Solana liquid staking protocol. BlazeStake participated as a funding partner in the MetaDAO Saber vote market consortium, contributing to the $150,000 total funding commitment.
+
+## Timeline
+- **2023-12-16** — Joined $150k consortium to fund Saber vote market development alongside UXD, LP Finance, and Saber
+
+## Relationship to KB
+- [[metadao-develop-saber-vote-market]] - consortium funding partner
+- Part of Solana DeFi ecosystem

entities/internet-finance/c2yptic.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "c2yptic"
+domain: internet-finance
+status: active
+affiliation: "Saber"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# c2yptic
+
+## Overview
+c2yptic is a core contributor to Saber protocol who initiated the partnership between Saber and MetaDAO for vote market infrastructure development. Described as "really excited about the Meta-DAO's vision," c2yptic proposed that MetaDAO build Saber's planned vote market rather than Saber developing it internally.
+
+## Timeline
+- **2023-12-16** — Proposed MetaDAO build Saber vote market, leading to Proposal 2 and $150k consortium funding commitment
+
+## Relationship to KB
+- [[saber]] - protocol affiliation
+- [[metadao-develop-saber-vote-market]] - partnership initiation

entities/internet-finance/durden.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "Durden (durdenwannabe)"
+domain: internet-finance
+status: active
+affiliation: "MetaDAO"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Durden
+
+## Overview
+Durden (Twitter: @durdenwannabe) is a platform designer and tokenomics specialist who has contributed to MetaDAO infrastructure projects. Committed to design work on the Saber vote market platform for $7,000.
+
+## Timeline
+- **2023-12-16** — Committed to design platform and tokenomics for Saber vote market (MetaDAO Proposal 2)
+
+## Relationship to KB
+- [[metadao]] - contributor
+- [[metadao-develop-saber-vote-market]] - platform design role

entities/internet-finance/joe-joebuild.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "Joe (joebuild)"
+domain: internet-finance
+status: active
+affiliation: "MetaDAO"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Joe (joebuild)
+
+## Overview
+Joe (Twitter: @joebuild) is a security auditor who has contributed to MetaDAO infrastructure projects. Committed to audit the Saber vote market smart contracts for $5,000.
+
+## Timeline
+- **2023-12-16** — Committed to audit smart contracts for Saber vote market (MetaDAO Proposal 2)
+
+## Relationship to KB
+- [[metadao]] - contributor
+- [[metadao-develop-saber-vote-market]] - security audit role

entities/internet-finance/lp-finance.md

@@ -0,0 +1,21 @@
+---
+type: entity
+entity_type: company
+name: "LP Finance"
+domain: internet-finance
+status: active
+tracked_by: rio
+created: 2026-03-11
+---
+
+# LP Finance
+
+## Overview
+LP Finance is a Solana DeFi protocol focused on liquidity provision optimization. LP Finance participated as a funding partner in the MetaDAO Saber vote market consortium, contributing to the $150,000 total funding commitment.
+
+## Timeline
+- **2023-12-16** — Joined $150k consortium to fund Saber vote market development alongside UXD, BlazeStake, and Saber
+
+## Relationship to KB
+- [[metadao-develop-saber-vote-market]] - consortium funding partner
+- Part of Solana DeFi ecosystem

entities/internet-finance/marie-swagy.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "Marie (swagy_marie)"
+domain: internet-finance
+status: active
+affiliation: "MetaDAO"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Marie (swagy_marie)
+
+## Overview
+Marie (Twitter: @swagy_marie) is a UI/UX developer who has contributed to MetaDAO infrastructure projects. Committed to build the user interface for the Saber vote market platform for $12,000.
+
+## Timeline
+- **2023-12-16** — Committed to build UI/UX for Saber vote market (MetaDAO Proposal 2)
+
+## Relationship to KB
+- [[metadao]] - contributor
+- [[metadao-develop-saber-vote-market]] - UI development role

entities/internet-finance/matt-fzzyyti.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "Matt (fzzyyti)"
+domain: internet-finance
+status: active
+affiliation: "MetaDAO"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Matt (fzzyyti)
+
+## Overview
+Matt (Twitter: @fzzyyti) is a smart contract developer who has contributed to MetaDAO infrastructure projects. Committed to build the Solana programs for the Saber vote market platform for $24,000.
+
+## Timeline
+- **2023-12-16** — Committed to build smart contracts for Saber vote market (MetaDAO Proposal 2)
+
+## Relationship to KB
+- [[metadao]] - contributor
+- [[metadao-develop-saber-vote-market]] - smart contract development role

entities/internet-finance/metadao-develop-saber-vote-market.md

@@ -0,0 +1,63 @@
+---
+type: entity
+entity_type: decision_market
+name: "MetaDAO: Develop a Saber Vote Market?"
+domain: internet-finance
+status: passed
+parent_entity: "[[metadao]]"
+platform: "futardio"
+proposer: "Proph3t (metaproph3t)"
+proposal_url: "https://www.futard.io/proposal/GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TYM"
+proposal_date: 2023-12-16
+resolution_date: 2023-12-22
+category: "strategy"
+summary: "Proposal to build vote market infrastructure for Saber protocol funded by $150k consortium"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# MetaDAO: Develop a Saber Vote Market?
+
+## Summary
+Proposal 2 requested MetaDAO build a vote market platform for Saber protocol, funded by $150,000 from ecosystem partners (UXD, BlazeStake, LP Finance, Saber). The platform would enable veSBR holders to earn yield by selling votes while projects could efficiently purchase liquidity. MetaDAO would own majority stake and earn 5-15% take rate on vote trade volume. This represented MetaDAO's pivot from pure governance platform to revenue-generating infrastructure provider.
+
+## Market Data
+- **Outcome:** Passed
+- **Proposer:** Proph3t (metaproph3t)
+- **Proposal Account:** GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TYM
+- **DAO Account:** 7J5yieabpMoiN3LrdfJnRjQiXHgi7f47UuMnyMyR78yy
+- **Autocrat Version:** 0.1
+- **Funding:** $150,000 consortium (UXD, BlazeStake, LP Finance, Saber)
+- **Development Budget:** $62,000
+- **Treasury Allocation:** $90,000 for operations/maintenance
+
+## Financial Model
+- **Revenue Model:** 5-15% take rate on vote trade volume
+- **Volume Estimate:** $1 yearly vote trade per $50 Saber TVL (based on Curve/Aura comparables)
+- **Saber TVL (Dec 2023):** $20M
+- **Projected Annual Volume:** ~$400k at baseline
+- **MetaDAO Ownership:** 65% (after 10% liquidity mining allocation)
+
+## Development Team
+- Matt/fzzyyti: Smart contracts ($24k)
+- Marie (swagy_marie): UI/UX ($12k)
+- Durden: Platform design ($7k)
+- Proph3t: Program management ($7k)
+- Joe & r0bre: Security audit ($5k each)
+
+## Timeline
+- **Kickoff:** December 11-15, 2023
+- **Development:** December 18 - February 9, 2024 (with holiday break)
+- **Audit:** January 29 - February 2, 2024
+- **Launch Target:** February 19, 2024
+
+## Significance
+This proposal marked MetaDAO's strategic evolution from governance-only platform to infrastructure-as-a-service provider. By building revenue-generating products for partner protocols, MetaDAO demonstrated futarchy could govern not just internal decisions but external product development. The consortium funding model showed multi-stakeholder coordination around futarchy infrastructure. The financial projections based on Curve/Votium/Hidden Hand comparables represented first attempt to model vote market economics in Solana DeFi context.
+
+## Context
+Proposal referenced MetaDAO's original Proposal 0 (Marinade vote market) which passed but pivoted when Marinade developed internal solution. Saber partnership emerged when c2yptic approached MetaDAO to build what Saber had planned internally, showing protocol preference for futarchy-governed infrastructure over internal development.
+
+## Relationship to KB
+- [[metadao]] - strategic direction decision
+- [[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]] - mechanism implementation
+- [[futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements]] - adoption dynamics

entities/internet-finance/metadao.md

@@ -54,6 +54,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2026-03** — Pine Analytics Q4 2025 quarterly report published
 
 - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
+- **2023-12-16** — [[metadao-develop-saber-vote-market]] proposed: Build Saber vote market infrastructure funded by $150k consortium from UXD, BlazeStake, LP Finance, and Saber
+- **2023-12-22** — [[metadao-develop-saber-vote-market]] passed: Approved development of Saber vote market with 65% MetaDAO ownership and 5-15% take rate on vote trade volume
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|

entities/internet-finance/r0bre.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: person
+name: "r0bre"
+domain: internet-finance
+status: active
+affiliation: "MetaDAO"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# r0bre
+
+## Overview
+r0bre (Twitter: @r0bre) is a security auditor who has contributed to MetaDAO infrastructure projects. Committed to audit the Saber vote market smart contracts for $5,000.
+
+## Timeline
+- **2023-12-16** — Committed to audit smart contracts for Saber vote market (MetaDAO Proposal 2)
+
+## Relationship to KB
+- [[metadao]] - contributor
+- [[metadao-develop-saber-vote-market]] - security audit role

entities/internet-finance/saber.md

@@ -0,0 +1,26 @@
+---
+type: entity
+entity_type: company
+name: "Saber"
+domain: internet-finance
+status: active
+key_metrics:
+  tvl: "$20M (Dec 2023)"
+  governance_token: "SBR"
+  vote_escrow: "veSBR"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Saber
+
+## Overview
+Saber is a Solana-based automated market maker (AMM) protocol specializing in stablecoin and pegged asset trading. As of December 2023, Saber had $20M in total value locked (TVL). The protocol uses vote-escrowed governance (veSBR) where token holders lock SBR to gain voting power over liquidity gauge emissions.
+
+## Timeline
+- **2023-12-16** — Partnered with MetaDAO to develop vote market infrastructure, contributing to $150k consortium funding alongside UXD, BlazeStake, and LP Finance
+- **2023-12-16** — c2yptic (Saber team) proposed MetaDAO build Saber's planned vote market rather than internal development
+
+## Relationship to KB
+- [[metadao-develop-saber-vote-market]] - governance infrastructure partnership
+- Part of Solana DeFi ecosystem alongside [[jupiter]], [[meteora]], [[raydium]]

entities/internet-finance/uxd.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: company
+name: "UXD Protocol"
+domain: internet-finance
+status: active
+tracked_by: rio
+created: 2026-03-11
+---
+
+# UXD Protocol
+
+## Overview
+UXD Protocol is a Solana-based decentralized stablecoin protocol. UXD participated as a funding partner in the MetaDAO Saber vote market consortium, contributing to the $150,000 total funding commitment. The protocol also committed to review the smart contracts for the vote market platform.
+
+## Timeline
+- **2023-12-16** — Joined $150k consortium to fund Saber vote market development alongside BlazeStake, LP Finance, and Saber
+- **2023-12-16** — Committed to review smart contracts for Saber vote market platform
+
+## Relationship to KB
+- [[metadao-develop-saber-vote-market]] - consortium funding partner
+- Part of Solana DeFi ecosystem

inbox/archive/2023-12-16-futardio-proposal-develop-a-saber-vote-market.md

@@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TY
 date: 2023-12-16
 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-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.md", "MetaDAO-is-the-futarchy-launchpad-on-Solana-where-projects-raise-capital-through-unruggable-ICOs-governed-by-conditional-markets-creating-the-first-platform-for-ownership-coins-at-scale.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "This is a governance proposal document, not a claim-generating source. Primary output is the decision_market entity for the proposal itself, plus timeline updates for MetaDAO and creation of new entity pages for consortium partners (Saber, UXD, BlazeStake, LP Finance) and development team members. Three enrichments added showing: (1) Autocrat v0.1 operational parameters in production, (2) MetaDAO's business model evolution toward infrastructure-as-a-service, and (3) partnership-driven adoption strategy as friction reduction mechanism. No new claims extracted because the proposal contains operational/financial details rather than novel mechanism insights. The vote market economics modeling (based on Curve/Aura comparables) is interesting but represents application of existing knowledge rather than new theoretical contribution."
 ---
 
 ## Proposal Details
@@ -201,3 +206,13 @@ For those who are more familiar with bribe terminology, which I prefer not to us
 - Autocrat version: 0.1
 - Completed: 2023-12-22
 - Ended: 2023-12-22
+
+
+## Key Facts
+- Saber TVL was $20M as of December 2023
+- Curve TVL was $2B in late 2023 with $1.25M in bi-weekly vote incentives
+- Curve had $20B TVL before Luna depeg with $15-20M bi-weekly vote incentives
+- Aura had $600M TVL in May with $900k bi-weekly vote incentives
+- Convex charges 7-10% take rate on vote markets
+- Votium charges ~3% take rate
+- Hidden Hand charges ~10% take rate