diff --git a/entities/internet-finance/coal-cut-emissions-by-50.md b/entities/internet-finance/coal-cut-emissions-by-50.md new file mode 100644 index 000000000..3f187a0a9 --- /dev/null +++ b/entities/internet-finance/coal-cut-emissions-by-50.md @@ -0,0 +1,36 @@ +--- +type: entity +entity_type: decision_market +name: "coal: Cut emissions by 50%?" +domain: internet-finance +status: passed +parent_entity: "[[coal]]" +platform: futardio +proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 +proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy" +proposal_date: 2024-11-13 +resolution_date: 2024-11-17 +category: mechanism +summary: "Proposal to cut coal token emission rate by 50% and establish bi-monthly futarchy governance for future emission adjustments" +tracked_by: rio +created: 2026-03-11 +--- + +# coal: Cut emissions by 50%? + +## Summary +Proposal to reduce coal's token emission rate from 15.625 to 7.8125 per minute (50% reduction), moving from a fixed halving schedule to bi-monthly futarchy-governed adjustments. The original emission schedule was described as a temporary framework never intended as a long-term solution. Under the previous schedule, emissions halved with each 5% increase in circulating supply, resulting in ~110% annual inflation at the time of the proposal. + +## Market Data +- **Outcome:** Passed +- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 +- **Resolution:** 2024-11-17 (4 days after proposal) +- **Proposal Account:** 6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy + +## Significance +This proposal represents a shift from algorithmic to market-governed token emissions. Rather than following a pre-programmed halving schedule, coal established recurring decision markets (every two months) to adjust emission rates based on market conditions. This makes token supply policy responsive to actual market dynamics rather than predetermined curves. The proposal explicitly acknowledged the original schedule was temporary, suggesting planned evolution toward more adaptive governance. + +## Relationship to KB +- [[coal]] — parent entity +- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] — implements this mechanism +- [[futardio]] — governance platform \ No newline at end of file diff --git a/entities/internet-finance/coal.md b/entities/internet-finance/coal.md new file mode 100644 index 000000000..d1c0c2d99 --- /dev/null +++ b/entities/internet-finance/coal.md @@ -0,0 +1,23 @@ +--- +type: entity +entity_type: company +name: coal +domain: internet-finance +status: active +platform: metadao +tracked_by: rio +created: 2026-03-11 +--- + +# coal + +A MetaDAO project using futarchy-governed token emissions. Coal replaced its fixed halving schedule with bi-monthly decision markets to adjust emission rates dynamically based on market conditions. + +## Timeline +- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute, establish bi-monthly decision markets for future adjustments +- **2024-11-17** — Emissions reduction proposal passed, cutting target rate by 50% and establishing recurring governance for emission schedule + +## Relationship to KB +- [[MetaDAO]] — launched on MetaDAO platform +- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] — implements futarchy-governed emissions +- [[futardio]] — governance platform used \ No newline at end of file diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..0abd30609 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status +- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed on platform: first known case of futarchy-governed token emission schedule adjustments ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms." diff --git a/inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md b/inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md index ba308ffaa..73900d3b7 100644 --- a/inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md +++ b/inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md @@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWp date: 2024-11-13 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 +enrichments_applied: ["dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution.md", "MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions.md"] +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Source is a futarchy governance proposal for token emission schedule changes. Primary extraction is entity data (new project + decision market entity). Two enrichments: extends the dynamic emissions claim with concrete implementation example, confirms the limited trading volume pattern for uncontested decisions. No new claims warranted — the mechanism insight (futarchy-governed emissions) already exists in KB, this is just a new implementation case." --- ## Proposal Details @@ -66,3 +71,12 @@ A follow-up decision market will be held in early January, approximately two mon - Autocrat version: 0.3 - Completed: 2024-11-17 - Ended: 2024-11-17 + + +## Key Facts +- coal emission rate was 15.625 per minute (~22,500 per day) before proposal, resulting in ~110% annual inflation +- Proposal reduced target to 7.8125 per minute (11,250 per day), ~56% annual inflation +- Original schedule: emissions halved with each 5% increase in circulating supply +- Next halving under old schedule would have occurred at 7,350,000 circulating supply +- Proposal established bi-monthly decision markets for future emission rate adjustments +- Proposal passed 2024-11-17, 4 days after creation