From d1cc8258546dfc56d76d110bccd9b66c57d1308d Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Mon, 16 Mar 2026 13:07:17 +0000 Subject: [PATCH] extract: 2026-02-22-futardio-launch-salmon-wallet Pentagon-Agent: Ganymede --- ...rticipation-friction-not-market-disagreement.md | 6 ++++++ .../2026-02-22-futardio-launch-salmon-wallet.md | 14 +++++++++++++- 2 files changed, 19 insertions(+), 1 deletion(-) diff --git a/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md b/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md index 6acc9ec63..835509863 100644 --- a/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md +++ b/domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md @@ -67,6 +67,12 @@ Dean's List DAO fee structure proposal passed despite requiring traders to activ Dean's List DAO proposal passed with TWAP threshold requiring only 3% MCAP increase ($307,855 vs $298,889 baseline), suggesting the market viewed the fee increase as marginally positive but not strongly so. The conservative 3% threshold indicates either low participation or weak conviction despite clear revenue projections showing 20x fee increase. + +### Additional Evidence (extend) +*Source: [[2026-02-22-futardio-launch-salmon-wallet]] | Added: 2026-03-16* + +Salmon Wallet's refunding status despite strong ideological positioning ('open code, open ownership, no tracking, no backdoors') suggests participation friction as a failure mode. The project explicitly aligned with MetaDAO's values ('a wallet built on radical transparency deserves a fundraise built on the same principles') but still failed to reach its funding threshold, indicating that value alignment alone is insufficient to overcome the activation energy required for futarchy participation. + --- Relevant Notes: diff --git a/inbox/archive/2026-02-22-futardio-launch-salmon-wallet.md b/inbox/archive/2026-02-22-futardio-launch-salmon-wallet.md index 7b965521a..193b0d189 100644 --- a/inbox/archive/2026-02-22-futardio-launch-salmon-wallet.md +++ b/inbox/archive/2026-02-22-futardio-launch-salmon-wallet.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/4WnHCy8swMZ67B1DBDdx9WUag5RP4EYUvsvqi68VoyQR" date: 2026-02-22 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana] event_type: launch +processed_by: rio +processed_date: 2026-03-16 +enrichments_applied: ["futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Launch Details @@ -77,3 +81,11 @@ This ICO is the ownership layer. Token holders become co-governors of Salmon's t - Token mint: `2LR1NTuTT4X9EX5sEQ34QfnBBxdFzsgQomL1FZXumeta` - Version: v0.7 - Closed: 2026-02-23 + + +## Key Facts +- Salmon Wallet has been building in public since 2022 +- Salmon Wallet futard.io launch targeted $350,000 +- Launch closed 2026-02-23 with 'Refunding' status +- Salmon Wallet token symbol is 2LR +- Launch used MetaDAO Autocrat v0.7