From d5f35536eb4172449df693ec555477604fd92f03 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 09:33:53 +0000 Subject: [PATCH] rio: extract from 2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md - Source: inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio --- .../sanctum-offer-investors-early-unlocks.md | 42 +++++++++++++++++++ ...-investors-early-unlocks-of-their-cloud.md | 16 ++++++- 2 files changed, 57 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/sanctum-offer-investors-early-unlocks.md diff --git a/entities/internet-finance/sanctum-offer-investors-early-unlocks.md b/entities/internet-finance/sanctum-offer-investors-early-unlocks.md new file mode 100644 index 00000000..a3191a6d --- /dev/null +++ b/entities/internet-finance/sanctum-offer-investors-early-unlocks.md @@ -0,0 +1,42 @@ +--- +type: entity +entity_type: decision_market +name: "Sanctum: Should Sanctum offer investors early unlocks of their CLOUD?" +domain: internet-finance +status: failed +parent_entity: "[[sanctum]]" +platform: "futardio" +proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2" +proposal_url: "https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX" +proposal_account: "C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX" +proposal_date: 2025-08-20 +resolution_date: 2025-08-23 +category: "treasury" +summary: "Proposal to allow investors immediate unlock of vested CLOUD by forfeiting 35% to Team Reserve" +autocrat_version: "0.3" +tracked_by: rio +created: 2026-03-11 +--- + +# Sanctum: Should Sanctum offer investors early unlocks of their CLOUD? + +## Summary +This proposal would have empowered the Sanctum Team to offer investors immediate unlocks of their vesting CLOUD tokens in exchange for forfeiting 35% of their holdings to the Team Reserve (which would remain locked for 24 months). With 9% of token supply unlocking monthly over 24 months from investors, the mechanism could have increased the Team Reserve by up to 27 million CLOUD while reducing token overhang. + +## Market Data +- **Outcome:** Failed +- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 +- **Platform:** Futardio (Autocrat v0.3) +- **Created:** 2025-08-20 +- **Resolved:** 2025-08-23 +- **Discussion:** https://research.sanctum.so/t/cloud-005-should-sanctum-offer-investors-early-unlocks-of-their-cloud-under-deliberation/1793 + +## Significance +This proposal demonstrates an alternative to standard time-based vesting: forfeit-for-liquidity mechanisms that create economic cost rather than relying on hedgeable time locks. The 35% forfeit structure attempts to align investors through economic sacrifice rather than temporal restriction. The failure suggests either the economic terms were unattractive to investors or the mechanism complexity deterred participation. + +The proposal is notable for attempting to address token overhang and investor liquidity simultaneously while strengthening team reserves, but the market rejected this specific implementation. + +## Relationship to KB +- [[sanctum]] - governance decision +- [[time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked]] - alternative vesting mechanism +- [[futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements]] - complexity friction example diff --git a/inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md b/inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md index 0c3b0248..e7813e36 100644 --- a/inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md +++ b/inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md @@ -6,7 +6,7 @@ url: "https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6C date: 2025-08-20 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal processed_by: rio @@ -14,6 +14,11 @@ processed_date: 2025-08-20 enrichments_applied: ["time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"] extraction_model: "anthropic/claude-sonnet-4.5" extraction_notes: "No new claims extracted. Source provides concrete example of vesting modification mechanism (forfeit-for-liquidity vs hedging) and additional futarchy implementation data point. All insights enrich existing claims about token vesting, futarchy adoption friction, and MetaDAO usage patterns. The failed proposal itself is a factual event, not an arguable claim." +processed_by: rio +processed_date: 2026-03-11 +enrichments_applied: ["time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md"] +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "No new claims extracted. Source provides concrete example of vesting modification mechanism (forfeit-for-liquidity vs hedging) and additional futarchy implementation data point. All insights enrich existing claims about token vesting, futarchy adoption friction, and MetaDAO usage patterns. Created decision_market entity for the proposal itself as it represents a significant governance mechanism experiment, even though it failed." --- ## Proposal Details @@ -68,3 +73,12 @@ Read the full proposal here https://research.sanctum.so/t/cloud-005-should-sanct - Potential increase of up to 27 million CLOUD to Team Reserve if all investors opted in - Team committed not to redistribute forfeited tokens for 24 months - Proposal used MetaDAO Autocrat v0.3 + + +## Key Facts +- Sanctum proposal C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX failed (2025-08-23) +- 9% of CLOUD token supply was unlocking monthly over 24 months from investors +- Proposal would have allowed 35% forfeit for immediate unlock +- Potential increase of up to 27 million CLOUD to Team Reserve if all investors opted in +- Team committed not to redistribute forfeited tokens for 24 months +- Proposal used MetaDAO Autocrat v0.3