rio: extract claims from 2025-10-15-futardio-proposal-lets-get-futarded.md
- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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@ -53,6 +53,12 @@ Autocrat is MetaDAO's core governance program on Solana -- the on-chain implemen
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**Limitations.** [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] -- when proposals are clearly good or clearly bad, few traders participate because the expected profit from trading in a consensus market is near zero. This is a structural feature, not a bug: contested decisions get more participation precisely because they're uncertain, which is when you most need information aggregation. But it does mean uncontested proposals can pass or fail with very thin markets, making the TWAP potentially noisy.
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### Additional Evidence (confirm)
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*Source: [[2025-10-15-futardio-proposal-lets-get-futarded]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Coal's transition to v0.6 DAO governance confirms the 3-day proposal length as standard Autocrat parameter. The proposal established: TWAP delay of 1 day, minimum liquidity of 1,500 USDC and 2,000 coal, pass threshold of 100 bps, coal staked requirement of 10,000, and 3-day proposal length. This matches the TWAP settlement mechanism and 3-day window described in the existing claim. Autocrat version 0.3 was used for this proposal.
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---
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Relevant Notes:
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@ -0,0 +1,49 @@
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---
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type: claim
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domain: internet-finance
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description: "Coal executed a futarchy-governed 19% supply expansion (21M→25M tokens) with tiered Development Fund controls demonstrating post-launch futarchy governance beyond initial fundraising"
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confidence: experimental
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source: "Futardio proposal 'Let's get Futarded' (2025-10-15), passed 2025-10-18"
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created: 2025-10-18
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---
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# Coal executed 19% supply expansion through futarchy governance with tiered Development Fund controls
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Coal, described as "the only futarchy memecoin" and "the only PoW coin on Solana" post-Ore transition, executed a futarchy-governed proposal to expand total supply from 21 million to 25 million tokens. The proposal passed on 2025-10-18 after a 3-day futarchy decision market on the Futardio platform.
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The 4 million token increase was allocated as:
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- **971,880 tokens (24.3%)** to airdrop: 420 $coal per wallet to 2,314 $META holders holding at least $100 worth at October 12, 2025 snapshot
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- **3,028,120 tokens (75.7%)** to Development Fund with monthly disbursement cap of 30,000 tokens and requirement that any single use over 69,000 tokens requires separate futarchy decision
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The Development Fund structure demonstrates tiered governance: routine disbursements (≤30,000 tokens/month) require no additional approval, while large grants (>69,000 tokens) trigger separate futarchy decision markets. This creates operational efficiency while maintaining governance oversight for material decisions.
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The proposal established v0.6 DAO governance parameters:
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- TWAP delay: 1 day
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- Minimum liquidity: 1,500 USDC, 2,000 coal
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- Pass threshold: 100 bps
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- Coal staked: 10,000
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- Proposal length: 3 days
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Transparency guardrails include public ledger of inflows/outflows, monthly forum reports, and verified addresses. An OTC buyer arrangement seeds futarchy AMM liquidity with Development Fund proceeds.
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## Evidence
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- Proposal passed 2025-10-18 on Futardio platform (proposal account: 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA, proposal #3)
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- Snapshot captured 2,314 wallets holding ≥$100 META on October 12, 2025
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- Supply expansion: 21M → 25M tokens (one-time 4M increase = 19% expansion)
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- Airdrop allocation: 420 tokens × 2,314 holders = 971,880 tokens
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- Dev fund monthly cap: 30,000 tokens with 69,000 token threshold for separate futarchy decision
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- Mining emissions unchanged by proposal
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- Autocrat version: 0.3 (v0.6 governance parameters set for future proposals)
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---
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Relevant Notes:
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- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]
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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]]
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]]
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- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]
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Topics:
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- [[domains/internet-finance/_map]]
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- [[core/mechanisms/_map]]
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@ -34,6 +34,12 @@ MycoRealms implementation reveals operational friction points: monthly $10,000 a
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Optimism futarchy achieved 430 active forecasters and 88.6% first-time governance participants by using play money, demonstrating that removing capital requirements can dramatically lower participation barriers. However, this came at the cost of prediction accuracy (8x overshoot on magnitude estimates), revealing a new friction: the play-money vs real-money tradeoff. Play money enables permissionless participation but sacrifices calibration; real money provides calibration but creates regulatory and capital barriers. This suggests futarchy adoption faces a structural dilemma between accessibility and accuracy that liquidity requirements alone don't capture. The tradeoff is not merely about quantity of liquidity but the fundamental difference between incentive structures that attract participants vs incentive structures that produce accurate predictions.
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### Additional Evidence (extend)
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*Source: [[2025-10-15-futardio-proposal-lets-get-futarded]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Coal's v0.6 governance parameters reveal specific liquidity requirements for futarchy operation: minimum 1,500 USDC and 2,000 coal tokens, plus 10,000 coal staking requirement for proposals. These minimums create barriers to proposal submission and market participation. The Development Fund structure adds governance complexity through tiered decision thresholds: monthly disbursements up to 30,000 tokens require no additional governance, but any single use over 69,000 tokens triggers a separate futarchy decision market. This multi-tier approval structure increases operational overhead and proposal latency for material decisions. Combined with the liquidity minimums, Coal's implementation demonstrates how futarchy mechanisms create friction through both capital requirements and decision complexity, supporting the claim that adoption faces structural barriers beyond theoretical mechanism design.
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---
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Relevant Notes:
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@ -6,6 +6,12 @@ description: The first futarchy-governed meme coin launch raised $11.4M in under
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confidence: experimental
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tags: [futarchy, meme-coins, capital-formation, governance, speculation]
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created: 2026-03-04
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### Additional Evidence (extend)
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*Source: [[2025-10-15-futardio-proposal-lets-get-futarded]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Coal demonstrates futarchy governance extending beyond initial fundraising to ongoing treasury management and supply decisions. The project executed a 19% supply expansion (21M → 25M tokens) through futarchy vote, with 971,880 tokens airdropped to 2,314 META holders and 3,028,120 allocated to a Development Fund with monthly disbursement caps (30,000 tokens) and large-grant thresholds (69,000 tokens requiring separate futarchy decision). This shows futarchy-governed memecoins can use the mechanism for post-launch governance and capital allocation, not just initial capital formation. The tiered approval structure (routine disbursements auto-approved, material decisions re-submitted to futarchy) suggests memecoins are converging on hybrid governance models that combine futarchy for high-stakes decisions with operational delegation for routine treasury management.
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---
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# Futarchy-governed meme coins attract speculative capital at scale
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@ -6,9 +6,15 @@ url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLb
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date: 2025-10-15
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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: 2025-10-15
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claims_extracted: ["coal-futarchy-memecoin-executed-19-percent-supply-expansion-through-futarchy-governance-with-tiered-treasury-controls.md"]
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enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "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.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Extracted one new claim documenting Coal's futarchy-governed supply expansion and DAO transition. Three enrichments: (1) extends meme-coin futarchy claim with post-launch governance evidence, (2) confirms Autocrat 3-day TWAP parameters, (3) extends friction claim with specific liquidity requirements and tiered decision complexity. Coal represents evolution of futarchy memecoins from fundraising mechanism to ongoing governance tool."
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---
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## Proposal Details
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@ -97,3 +103,12 @@ Voting
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- Autocrat version: 0.3
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- Completed: 2025-10-18
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- Ended: 2025-10-18
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## Key Facts
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- Coal proposal 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA passed 2025-10-18
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- Coal DAO account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
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- Autocrat version: 0.3
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- 2,314 wallets held ≥$100 META at October 12, 2025 snapshot
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- Coal describes itself as 'only futarchy memecoin' and 'only PoW coin on Solana' post-Ore transition
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- Project URL: https://minechain.gg/
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