diff --git a/entities/internet-finance/agrippa.md b/entities/internet-finance/agrippa.md new file mode 100644 index 00000000..f76ded3b --- /dev/null +++ b/entities/internet-finance/agrippa.md @@ -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 \ No newline at end of file diff --git a/entities/internet-finance/metadao-develop-multi-option-proposals.md b/entities/internet-finance/metadao-develop-multi-option-proposals.md new file mode 100644 index 00000000..5d57a91c --- /dev/null +++ b/entities/internet-finance/metadao-develop-multi-option-proposals.md @@ -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 \ No newline at end of file diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..56c6f9a1 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -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 | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md b/inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md index ba495350..ec0e6673 100644 --- a/inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md +++ b/inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md @@ -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