From e671a08082b47ce28aa43297902831daa61f5bf6 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 11:51:31 +0000 Subject: [PATCH] rio: extract from 2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md - Source: inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio --- entities/internet-finance/ben-hawkins.md | 21 ++++++++++ .../metadao-otc-trade-ben-hawkins.md | 41 +++++++++++++++++++ entities/internet-finance/metadao.md | 1 + ...age-in-50000-otc-trade-with-ben-hawkins.md | 16 +++++++- 4 files changed, 78 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/ben-hawkins.md create mode 100644 entities/internet-finance/metadao-otc-trade-ben-hawkins.md diff --git a/entities/internet-finance/ben-hawkins.md b/entities/internet-finance/ben-hawkins.md new file mode 100644 index 00000000..45fc952f --- /dev/null +++ b/entities/internet-finance/ben-hawkins.md @@ -0,0 +1,21 @@ +--- +type: entity +entity_type: person +name: "Ben Hawkins" +domain: internet-finance +status: active +tracked_by: rio +created: 2026-03-11 +--- + +# Ben Hawkins + +## Overview +Ben Hawkins is a participant in the Solana DeFi ecosystem who proposed an OTC trade with MetaDAO in February 2024. Limited public information available beyond this governance interaction. + +## Timeline +- **2024-02-13** — Proposed $50,000 OTC trade with MetaDAO to mint 1,500 META tokens at $33.33 per token; proposal failed + +## Relationship to KB +- [[metadao]] - proposed OTC trade +- [[metadao-otc-trade-ben-hawkins]] - governance proposal diff --git a/entities/internet-finance/metadao-otc-trade-ben-hawkins.md b/entities/internet-finance/metadao-otc-trade-ben-hawkins.md new file mode 100644 index 00000000..ed34c939 --- /dev/null +++ b/entities/internet-finance/metadao-otc-trade-ben-hawkins.md @@ -0,0 +1,41 @@ +--- +type: entity +entity_type: decision_market +name: "MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins" +domain: internet-finance +status: failed +parent_entity: "[[metadao]]" +platform: "futardio" +proposer: "Ben Hawkins" +proposal_url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK" +proposal_date: 2024-02-13 +resolution_date: 2024-02-18 +category: "treasury" +summary: "Proposal to mint 1,500 META tokens in exchange for $50,000 USDC to MetaDAO treasury at $33.33 per META" +tracked_by: rio +created: 2026-03-11 +--- + +# MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins + +## Summary +Ben Hawkins proposed to mint 1,500 META tokens to his address in exchange for sending $50,000 USDC to MetaDAO's treasury, valuing META at $33.33 per token. The proposal failed after a 5-day voting period. + +## Market Data +- **Outcome:** Failed +- **Proposer:** Ben Hawkins +- **Proposal Account:** US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK +- **Proposal Number:** 6 +- **Created:** 2024-02-13 +- **Ended:** 2024-02-18 +- **Price per META:** $33.33 USDC +- **Total Value:** $50,000 USDC +- **META to Mint:** 1,500 + +## Significance +This was an early OTC treasury deal proposal on MetaDAO's futarchy platform, testing whether the community would approve direct token sales to individual buyers. The failure suggests either the price point was unfavorable, the buyer was not strategically valuable, or the community preferred alternative treasury management approaches. This contrasts with the later Pantera Capital OTC proposal (also failed), indicating MetaDAO's futarchy governance was selective about treasury dilution even in early stages. + +## Relationship to KB +- [[metadao]] - treasury governance decision +- [[futardio]] - platform where proposal was executed +- [[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]] - governance mechanism used diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 9f0ae560..196737c2 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -54,6 +54,7 @@ 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 +- **2024-02-13** — [[metadao-otc-trade-ben-hawkins]] failed: Proposal to mint 1,500 META for $50,000 USDC ($33.33/META) rejected by futarchy markets ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md b/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md index 778b1330..68b5f3c9 100644 --- a/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md +++ b/inbox/archive/2024-02-13-futardio-proposal-engage-in-50000-otc-trade-with-ben-hawkins.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK date: 2024-02-13 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 with no novel claims. Created decision_market entity for the failed OTC trade proposal, updated MetaDAO timeline, and created minimal entity for Ben Hawkins as proposer. No mechanism insights or arguable propositions beyond the factual outcome. This is similar to the Pantera Capital OTC proposal (also failed), suggesting a pattern of MetaDAO rejecting early OTC treasury deals." --- ## Proposal Details @@ -51,3 +55,13 @@ in exchange for Ben will send 50,000 USDC to be sent to ADCCEAbH8eixGj5t73vb4sKe - Autocrat version: 0.1 - Completed: 2024-02-18 - Ended: 2024-02-18 + + +## Key Facts +- MetaDAO proposal #6 created 2024-02-13, ended 2024-02-18 +- Ben Hawkins wallet address: GxHamnPVxsBaWdbUSjR4C5izhMv2snriGyYtjCkAVzze +- MetaDAO treasury address: ADCCEAbH8eixGj5t73vb4sKecSKo7ndgDSuWGvER4Loy +- Proposal account: US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK +- DAO account: 7J5yieabpMoiN3LrdfJnRjQiXHgi7f47UuMnyMyR78yy +- Proposer account: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz +- Autocrat version: 0.1