From db79b76590d8a8b3ac92a3741d1dd028b2eddf9c Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 11:06:31 +0000 Subject: [PATCH] rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio --- entities/internet-finance/advaith-sekharan.md | 28 +++++++++++ .../metadao-hire-advaith-sekharan.md | 47 +++++++++++++++++++ entities/internet-finance/metadao.md | 2 + ...e-advaith-sekharan-as-founding-engineer.md | 14 +++++- 4 files changed, 90 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/advaith-sekharan.md create mode 100644 entities/internet-finance/metadao-hire-advaith-sekharan.md diff --git a/entities/internet-finance/advaith-sekharan.md b/entities/internet-finance/advaith-sekharan.md new file mode 100644 index 00000000..9ff3323a --- /dev/null +++ b/entities/internet-finance/advaith-sekharan.md @@ -0,0 +1,28 @@ +--- +type: entity +entity_type: person +name: "Advaith Sekharan" +domain: internet-finance +status: active +role: "Founding Engineer at MetaDAO" +tracked_by: rio +created: 2026-03-11 +--- + +# Advaith Sekharan + +## Overview +Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply) with performance-based vesting tied to market cap milestones. His compensation structure mirrors the co-founder allocation terms with linear unlocks beginning at $500M market cap and full unlock at $5B, with a 4-year cliff starting November 2028. + +## Timeline +- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with performance vesting +- **2024-10-26** — Hiring proposal passed; joined as founding engineer with retroactive salary to October 16 + +## Relationship to KB +- [[metadao]] — founding engineer +- [[metadao-hire-advaith-sekharan]] — hiring decision +- Part of MetaDAO's San Francisco core team buildout strategy + +## Links +- GitHub: https://github.com/advaith101 +- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/ \ No newline at end of file diff --git a/entities/internet-finance/metadao-hire-advaith-sekharan.md b/entities/internet-finance/metadao-hire-advaith-sekharan.md new file mode 100644 index 00000000..bda26295 --- /dev/null +++ b/entities/internet-finance/metadao-hire-advaith-sekharan.md @@ -0,0 +1,47 @@ +--- +type: entity +entity_type: decision_market +name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer" +domain: internet-finance +status: passed +parent_entity: "[[metadao]]" +platform: "futardio" +proposer: "Nallok, Proph3t" +proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2" +proposal_date: 2024-10-22 +resolution_date: 2024-10-26 +category: "hiring" +summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens with performance-based vesting" +tracked_by: rio +created: 2026-03-11 +--- + +# MetaDAO: Hire Advaith Sekharan as Founding Engineer + +## Summary +Proposal to extend an offer to Advaith Sekharan for founding engineer role at $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings), with vesting terms matching co-founder allocations but starting November 2024. The compensation structure includes linear unlocks tied to market cap milestones ($500M = 10% unlock, $5B = 100% unlock) with a 4-year cliff (no tokens unlock before November 2028) and 8-month clawback period. + +## Market Data +- **Outcome:** Passed +- **Proposer:** Nallok, Proph3t +- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 +- **Proposal Number:** 7 +- **Completed:** 2024-10-26 + +## Key Terms +- **Fixed Token Allocation:** 237 META (1% of 23,705.7 supply including co-founder allocations) +- **Linear Unlocks:** 100% at $5B market cap, proportional below (e.g., 10% at $500M) +- **Market Cap Definition:** $1B = $42,198 per META +- **Vesting Cliff:** No tokens unlock before November 2028 regardless of milestones +- **Clawback Period:** DAO can reclaim all tokens until July 2025 (8 months) +- **Start Date:** November 2024 for vesting; October 16, 2024 for retroactive salary + +## Significance +This proposal demonstrates MetaDAO's execution on its San Francisco core team buildout strategy from Fundraise #2. The compensation structure mirrors co-founder terms, signaling equal treatment of early team members while maintaining long-term alignment through the 4-year cliff and performance-based unlocks. The 8-month illiquid vest with clawback provisions balances commitment verification against team member security. + +## Relationship to KB +- [[metadao]] — hiring decision for founding engineer role +- [[advaith-sekharan]] — hired individual +- [[metadao-fundraise-2]] — strategic context for core team buildout +- [[metadao-compensation-proph3t-nallok]] — parallel compensation structure for co-founders +- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — implements this compensation philosophy \ No newline at end of file diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..f6a3b5d9 100644 --- a/entities/internet-finance/metadao.md +++ b/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 +- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens +- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: Advaith Sekharan hired as founding engineer ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md b/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md index 8ac527d1..3fa7ddc8 100644 --- a/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md +++ b/inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC date: 2024-10-22 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 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Extracted decision_market entity for hiring proposal and person entity for Advaith Sekharan. No novel claims about futarchy mechanisms or governance—this is a straightforward hiring decision following established compensation patterns. The compensation structure mirrors existing co-founder terms documented in metadao-compensation-proph3t-nallok, so no new mechanism insights to extract. Updated MetaDAO timeline with proposal and resolution events." --- ## Proposal Details @@ -71,3 +75,11 @@ The terms of its release would be the same as Nallok and Proph3t, except that th - Autocrat version: 0.3 - Completed: 2024-10-26 - Ended: 2024-10-26 + + +## Key Facts +- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22) +- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22) +- Market cap definition: $1B = $42,198 per META +- Advaith Sekharan GitHub: https://github.com/advaith101 +- Advaith Sekharan LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/