diff --git a/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md b/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md new file mode 100644 index 00000000..66211071 --- /dev/null +++ b/entities/internet-finance/deans-list-reward-waterloo-blockchain-club.md @@ -0,0 +1,40 @@ +--- +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 diff --git a/entities/internet-finance/deans-list.md b/entities/internet-finance/deans-list.md index b25e8caa..742986ab 100644 --- a/entities/internet-finance/deans-list.md +++ b/entities/internet-finance/deans-list.md @@ -47,3 +47,5 @@ Topics: ## 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 $DEAN tokens to University of Waterloo Blockchain Club after meeting 5% FDV increase threshold \ No newline at end of file diff --git a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md index 1a8ebb66..2c7965f8 100644 --- a/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md +++ b/inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbd date: 2024-06-08 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Factual governance proposal data. Created decision_market entity for the proposal and added timeline entry to parent Dean's List entity. No novel claims about futarchy mechanisms - the proposal uses standard MetaDAO Autocrat architecture already documented in KB. The ROI calculation methodology and partnership structure are specific to this proposal rather than generalizable insights." --- ## Proposal Details @@ -106,3 +110,12 @@ This proposal to allocate 1 million `$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