rio: extract from 2024-02-20-futardio-proposal-develop-multi-option-proposals.md
- Source: inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
This commit is contained in:
Teleo Agents
parent
ba4ac4a73e
commit
cd7927a96b
4 changed files with 105 additions and 1 deletions
36
entities/internet-finance/agrippa.md
Normal file
36
entities/internet-finance/agrippa.md
Normal file
|
|
@ -0,0 +1,36 @@
|
|||
---
|
||||
type: entity
|
||||
entity_type: person
|
||||
name: "agrippa"
|
||||
domain: internet-finance
|
||||
status: active
|
||||
roles:
|
||||
- "Solana governance developer"
|
||||
- "Conditional vault architect"
|
||||
affiliations:
|
||||
- "Solana Labs (governance-ui lead, 2023-2024)"
|
||||
- "Cornell Initiative for Cryptocurrency and Contracts (researcher)"
|
||||
wallets:
|
||||
- "99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX (Solana)"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
||||
# agrippa
|
||||
|
||||
## Overview
|
||||
Solana governance infrastructure developer and conditional vault architect. Led development on Solana Labs' governance-ui (Realms frontend) and created the first conditional tokens vault on Solana (Precogparty). Proposed multi-modal futarchy functionality to MetaDAO in February 2024.
|
||||
|
||||
## Timeline
|
||||
- **2014** — Started one of the first high-school blockchain clubs with physics teacher Jed (now at Jito)
|
||||
- **2017** — Invited to smart contract summit in China for Sybil resistance work (attended by Vitalik Buterin)
|
||||
- **~2022** — Developed first conditional tokens vault on Solana as part of Precogparty prediction market (FTX grant-funded)
|
||||
- **2023-2024** — Lead developer on Solana Labs' governance-ui (Realms frontend)
|
||||
- **2023-12** — Met Proph3t in Greece for 3-hour discussion on MetaDAO and futarchy
|
||||
- **2024-02-20** — [[metadao-develop-multi-option-proposals]] proposed to MetaDAO; failed 2024-02-25
|
||||
|
||||
## Relationship to KB
|
||||
- [[metadao]] — proposed multi-modal proposal development
|
||||
- [[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]] — proposed architectural extension
|
||||
- Research background at Cornell's Initiative for Cryptocurrency and Contracts
|
||||
- Expertise in Solana smart contract development, particularly governance and conditional vaults
|
||||
|
|
@ -0,0 +1,55 @@
|
|||
---
|
||||
type: entity
|
||||
entity_type: decision_market
|
||||
name: "MetaDAO: Develop Multi-Option Proposals?"
|
||||
domain: internet-finance
|
||||
status: failed
|
||||
parent_entity: "[[metadao]]"
|
||||
platform: "futardio"
|
||||
proposer: "agrippa (99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX)"
|
||||
proposal_url: "https://www.futard.io/proposal/J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht"
|
||||
proposal_date: 2024-02-20
|
||||
resolution_date: 2024-02-25
|
||||
category: "mechanism"
|
||||
summary: "Proposal to develop multi-modal proposal functionality for MetaDAO, enabling multiple mutually-exclusive outcomes beyond binary pass/fail"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
||||
# MetaDAO: Develop Multi-Option Proposals?
|
||||
|
||||
## Summary
|
||||
Proposal by agrippa to develop multi-modal proposal functionality for MetaDAO's Autocrat program, allowing proposals with multiple mutually-exclusive outcomes rather than only binary pass/fail. Requested 200 META compensation across 4 milestones (conditional vault program, futarch integration, frontend integration, plus immediate payment). Proposal failed despite technical merit and detailed implementation plan.
|
||||
|
||||
## Market Data
|
||||
- **Outcome:** Failed
|
||||
- **Proposer:** agrippa (99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX)
|
||||
- **Proposal Account:** J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht
|
||||
- **Created:** 2024-02-20
|
||||
- **Completed:** 2024-02-25
|
||||
- **Compensation Requested:** 200 META across 4 milestones
|
||||
- **Multisig Review:** 3/5 multisig (Proph3t, DeanMachine, 0xNallok, LegalizeOnionFutures, sapphire)
|
||||
|
||||
## Significance
|
||||
This proposal is significant for futarchy mechanism design because it addresses a fundamental limitation of binary futarchy: the inability to evaluate multiple alternatives simultaneously. The proposer estimated multi-option functionality would add ~12% to DAO value through increased decision bandwidth (+5%), pork-barrel reduction (+5%), and innovation credibility (+2%).
|
||||
|
||||
The proposal's failure despite technical merit and detailed planning suggests either:
|
||||
1. Markets priced the feature as less valuable than the proposer estimated
|
||||
2. Markets doubted the proposer's ability to deliver
|
||||
3. Markets believed 200 META was overpriced for the work
|
||||
4. Low liquidity prevented accurate price discovery
|
||||
|
||||
The proposal demonstrates sophisticated understanding of futarchy architecture, noting that "conditional markets do not compete with each other over liquidity" and that there is "no need to hard-limit the number of conditions in a conditional vault."
|
||||
|
||||
## Proposer Background
|
||||
Agrippa presented strong credentials:
|
||||
- Lead developer on Solana Labs' governance-ui (Realms frontend) for 1 year
|
||||
- Developed first conditional tokens vault on Solana (Precogparty, FTX grant-funded)
|
||||
- Research at Cornell's Initiative for Cryptocurrency and Contracts
|
||||
- Started one of the first high-school blockchain clubs (2014)
|
||||
- Met with Proph3t in Greece (December 2023) for 3-hour discussion on futarchy
|
||||
|
||||
## Relationship to KB
|
||||
- [[metadao]] — parent entity, governance 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 being extended
|
||||
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — proposal complexity as adoption barrier
|
||||
|
|
@ -54,6 +54,7 @@ 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
|
||||
- **2024-02-20** — [[metadao-develop-multi-option-proposals]] proposed by agrippa: develop multi-modal proposal functionality for 200 META across 4 milestones; failed 2024-02-25
|
||||
## Key Decisions
|
||||
| Date | Proposal | Proposer | Category | Outcome |
|
||||
|------|----------|----------|----------|---------|
|
||||
|
|
|
|||
|
|
@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHh
|
|||
date: 2024-02-20
|
||||
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", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md"]
|
||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
||||
extraction_notes: "High-quality technical proposal with detailed mechanism design and strong proposer credentials. Failed outcome is significant data point for futarchy adoption friction. Three claims extracted focus on: (1) multi-option proposal architecture and decision bandwidth, (2) pork-barrel reduction through draft stages, (3) milestone-based compensation as DAO contracting pattern. Created decision_market entity for the proposal and person entity for agrippa given technical contributions and detailed background."
|
||||
---
|
||||
|
||||
## Proposal Details
|
||||
|
|
@ -107,3 +112,10 @@ I would be very excited to join this futarchic society as a major techinical con
|
|||
- Autocrat version: 0.1
|
||||
- Completed: 2024-02-25
|
||||
- Ended: 2024-02-25
|
||||
|
||||
|
||||
## Key Facts
|
||||
- MetaDAO circulating supply was 14,416 META as of 2024-02-20 (per Dune Analytics)
|
||||
- Proposal J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht was proposal #9 in MetaDAO
|
||||
- Multisig reviewer compensation: 2.5 META per member (5 members = 12.5 META total)
|
||||
- Autocrat version 0.1 supported only binary proposals as of 2024-02-20
|
||||
|
|
|
|||
Loading…
Reference in a new issue