rio: extract from 2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md

- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
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---
type: entity
entity_type: decision_market
name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
domain: internet-finance
status: passed
parent_entity: "[[deans-list]]"
platform: "futardio"
proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
proposal_date: 2024-06-08
resolution_date: 2024-06-11
category: "grants"
summary: "Allocate 1M $DEAN tokens to University of Waterloo Blockchain Club to attract talent and increase governance participation"
tracked_by: rio
created: 2026-03-11
---
# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
## Summary
Proposal to allocate 1 million $DEAN tokens (equivalent to 1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal required a 5% increase in The Dean's List DAO's fully diluted valuation (from $115,655 to $121,438) measured over a 5-day trading period to pass.
## Market Data
- **Outcome:** Passed
- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- **Trading Period:** 5 days (2024-06-08 to 2024-06-11)
- **Token Allocation:** 1,000,000 $DEAN (~1,300 USDC)
- **Required FDV Increase:** 5% ($5,783)
- **Target FDV:** $121,438
## Significance
This proposal demonstrates futarchy-governed grant allocation with explicit ROI metrics. The proposal framework calculated that each of the 200 students needed to contribute activities increasing FDV by approximately $28.92 to justify the allocation, projecting a benefit of $4.45 per dollar spent. The tokens were to be held in a multi-signature wallet for secure management.
The proposal represents an early experiment in using conditional markets to evaluate community partnership investments, with measurable success criteria (5% FDV increase) rather than subjective governance voting.
## Relationship to KB
- [[deans-list]] - governance decision
- [[futardio]] - platform used
- [[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

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## Timeline
- **2024-12-19** — [[deans-list-implement-3-week-vesting]] passed: 3-week linear vesting for DAO payments to reduce sell pressure from 80% immediate liquidation to 33% weekly rate, projected 15%-25% valuation increase
- **2024-06-11** - [[deans-list-reward-waterloo-blockchain-club]] passed: Allocated 1M $DEAN tokens to University of Waterloo Blockchain Club after meeting 5% FDV increase threshold

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd
date: 2024-06-08
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: "Factual governance proposal data. Created decision_market entity for the proposal and added timeline entry to parent Dean's List entity. No novel claims about futarchy mechanisms - the proposal uses standard MetaDAO Autocrat architecture already documented in KB. The ROI calculation methodology and partnership structure are specific to this proposal rather than generalizable insights."
---
## Proposal Details
@ -106,3 +110,12 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo
- Autocrat version: 0.3
- Completed: 2024-06-11
- Ended: 2024-06-11
## Key Facts
- The Dean's List DAO FDV was $115,655 at proposal time (2024-06-08)
- 1 million $DEAN tokens equaled 1,300 USDC at proposal time
- University of Waterloo Blockchain Club had 200 student members
- Proposal required 5% FDV increase ($5,783) over 5-day trading period to pass
- Calculated benefit per dollar spent: $4.45
- Required average FDV contribution per student: $28.92