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 <HEADLESS>
This commit is contained in:
parent
ba4ac4a73e
commit
db79b76590
4 changed files with 90 additions and 1 deletions
28
entities/internet-finance/advaith-sekharan.md
Normal file
28
entities/internet-finance/advaith-sekharan.md
Normal file
|
|
@ -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/
|
||||||
47
entities/internet-finance/metadao-hire-advaith-sekharan.md
Normal file
47
entities/internet-finance/metadao-hire-advaith-sekharan.md
Normal file
|
|
@ -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
|
||||||
|
|
@ -54,6 +54,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
|
||||||
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
|
- **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
|
- **2024-02-18** — [[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
|
## Key Decisions
|
||||||
| Date | Proposal | Proposer | Category | Outcome |
|
| Date | Proposal | Proposer | Category | Outcome |
|
||||||
|------|----------|----------|----------|---------|
|
|------|----------|----------|----------|---------|
|
||||||
|
|
|
||||||
|
|
@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
|
||||||
date: 2024-10-22
|
date: 2024-10-22
|
||||||
domain: internet-finance
|
domain: internet-finance
|
||||||
format: data
|
format: data
|
||||||
status: unprocessed
|
status: processed
|
||||||
tags: [futardio, metadao, futarchy, solana, governance]
|
tags: [futardio, metadao, futarchy, solana, governance]
|
||||||
event_type: proposal
|
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
|
## 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
|
- Autocrat version: 0.3
|
||||||
- Completed: 2024-10-26
|
- Completed: 2024-10-26
|
||||||
- Ended: 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/
|
||||||
|
|
|
||||||
Loading…
Reference in a new issue