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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---
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type: entity
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entity_type: decision_market
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name: "IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
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domain: internet-finance
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status: passed
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parent_entity: "[[deans-list]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
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proposal_date: 2024-06-08
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resolution_date: 2024-06-11
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category: "grants"
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summary: "Allocate 1M $DEAN tokens to University of Waterloo Blockchain Club to attract talent and increase governance participation"
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tracked_by: rio
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created: 2026-03-11
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---
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# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Trading Period:** 5 days (2024-06-08 to 2024-06-11)
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- **Token Allocation:** 1,000,000 $DEAN (~1,300 USDC)
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- **Required FDV Increase:** 5% ($5,783)
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- **Target FDV:** $121,438
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## Significance
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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.
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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.
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## Relationship to KB
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- [[deans-list]] - governance decision
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- [[futardio]] - platform used
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- [[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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@ -47,3 +47,5 @@ Topics:
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## Timeline
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- **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
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- **2024-06-11** - [[deans-list-reward-waterloo-blockchain-club]] passed: Allocated 1M $DEAN tokens to University of Waterloo Blockchain Club after meeting 5% FDV increase threshold
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd
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date: 2024-06-08
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Factual governance proposal data. Created decision_market entity for the proposal and added timeline entry to parent Dean's List entity. No novel claims about futarchy mechanisms - the proposal uses standard MetaDAO Autocrat architecture already documented in KB. The ROI calculation methodology and partnership structure are specific to this proposal rather than generalizable insights."
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---
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## Proposal Details
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@ -106,3 +110,12 @@ This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo
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- Autocrat version: 0.3
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- Completed: 2024-06-11
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- Ended: 2024-06-11
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## Key Facts
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- The Dean's List DAO FDV was $115,655 at proposal time (2024-06-08)
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- 1 million $DEAN tokens equaled 1,300 USDC at proposal time
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- University of Waterloo Blockchain Club had 200 student members
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- Proposal required 5% FDV increase ($5,783) over 5-day trading period to pass
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- Calculated benefit per dollar spent: $4.45
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- Required average FDV contribution per student: $28.92
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