rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md

- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

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---
type: entity
entity_type: person
name: "Advaith Sekharan"
domain: internet-finance
status: active
role: "Founding Engineer at MetaDAO"
tracked_by: rio
created: 2026-03-11
---
# Advaith Sekharan
## Overview
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply) subject to performance-based vesting tied to market cap milestones. His compensation structure mirrors co-founder terms with linear unlocks beginning at $500M market cap and full unlock at $5B, with a 4-year cliff starting November 2028.
## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META (1% supply) with performance vesting
- **2024-10-26** — Hiring proposal passed via futarchy governance
## Links
- GitHub: https://github.com/advaith101
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
## Relationship to KB
- [[metadao]] — founding engineer
- [[metadao-hire-advaith-sekharan]] — hiring decision

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---
type: entity
entity_type: decision_market
name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "Nallok, Proph3t"
proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
proposal_date: 2024-10-22
resolution_date: 2024-10-26
category: "hiring"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 1% token allocation"
tracked_by: rio
created: 2026-03-11
---
# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary
Proposal to extend an offer to Advaith Sekharan for founding engineer role at $180,000 annual salary plus 237 META tokens (1% of supply excluding DAO holdings). Compensation structure mirrors co-founder terms with performance-based vesting tied to market cap milestones, 4-year cliff starting November 2028, and 8-month clawback period.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- **Proposal Number:** 7
- **Completed:** 2024-10-26
## Key Terms
- **Salary:** $180,000/year (retroactive to October 16, 2024)
- **Token Allocation:** 237 META (1% of 23,705.7 supply including co-founder allocations)
- **Vesting Start:** November 2024
- **Cliff:** No tokens unlock before November 2028
- **Performance Unlocks:** Linear from $500M market cap (10% unlock) to $5B (100% unlock)
- **Market Cap Definition:** $1B = $42,198 per META
- **Clawback Period:** 8 months (until July 2025)
## Significance
This hiring decision demonstrates MetaDAO's execution on its San Francisco core team buildout strategy from Fundraise #2. The compensation structure is notable for aligning founding engineer incentives with co-founder terms while maintaining long-term commitment through the 4-year cliff and performance-based unlocks tied to specific market cap milestones rather than time-based vesting.
## Relationship to KB
- [[metadao]] — hiring decision for core team expansion
- [[advaith-sekharan]] — hired individual
- [[metadao-fundraise-2]] — strategic context for hiring
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example

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@ -54,6 +54,8 @@ 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
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer at $180K + 237 META (1% supply)
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: founding engineer hire approved via futarchy
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
date: 2024-10-22
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: "Hiring proposal with detailed compensation structure. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and updated MetaDAO timeline. No novel claims about futarchy mechanisms—compensation structure follows existing performance-unlock patterns already documented in KB."
---
## Proposal Details
@ -71,3 +75,9 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
- Autocrat version: 0.3
- Completed: 2024-10-26
- Ended: 2024-10-26
## Key Facts
- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
- MetaDAO market cap definition: $1B = $42,198 per META