rio: extract from 2024-02-26-futardio-proposal-increase-meta-liquidity-via-a-dutch-auction.md

- Source: inbox/archive/2024-02-26-futardio-proposal-increase-meta-liquidity-via-a-dutch-auction.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -44,6 +44,8 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 - **2026-02/03** — Launch explosion: Rock Game, Turtle Cove, VervePay, Open Music, SeekerVault, SuperClaw, LaunchPet, Seyf, Areal, Etnlio, and dozens more
 - **2026-03** — Ranger Finance liquidation proposal — first futarchy-governed enforcement action
 
+- **2024-02-26** — MetaDAO Proposal 10 published on Futardio platform (proposal account Dn638yPirR3e2UNNECpLNJApDhxsjhJTAv9uEd9LBVVT); first major liquidity bootstrapping proposal using manual Dutch auction mechanism
+- **2024-03-02** — Proposal 10 passed on Futardio after 4-day voting period
 ## 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."

entities/internet-finance/metadao.md

@@ -53,6 +53,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2026-03** — Ranger liquidation proposal; treasury subcommittee formation
 - **2026-03** — Pine Analytics Q4 2025 quarterly report published
 
+- **2024-02-26** — Proposal 10 created to sell 1,000 META via manual Dutch auction on OpenBook and bootstrap protocol-owned liquidity on Meteora; requested 3,005.45 META total (1,000 sale + 2,000 liquidity + 5.45 compensation)
+- **2024-03-02** — Proposal 10 passed; implemented 3/5 Squads multisig (Durden, Ben H, Nico, joebuild, Dodecahedr0x) to execute Dutch auction with tranches starting 50% above spot, lowering 5% every 24 hours if >6% above spot
 ## Competitive Position
 - **First mover** in futarchy-governed organizations at scale
 - **No direct competitor** for conditional-market governance on Solana

entities/internet-finance/meteora.md

@@ -37,6 +37,7 @@ Solana liquidity protocol offering Dynamic Liquidity Market Maker (DLMM) pools,
 - **2025-Q4** — Meteora LP generates $1.15M in fees for MetaDAO (Pine Analytics Q4 report)
 - **2025-10 to 2026-03** — Every Futardio launch allocates 900K tokens to Meteora pool as standard template
 
+- **2024-02-26** — MetaDAO Proposal 10 selected Meteora as liquidity venue for META/USDC; planned to add Dutch auction proceeds to 4% fee pool then migrate all liquidity to 1% fee pool after 1,000 META sold
 ## Competitive Position
 - **Infrastructure role**: Not competing with MetaDAO — provides complementary liquidity infrastructure. Meteora is the LP venue; Futarchic AMM is the governance venue.
 - **vs Raydium**: Both are major Solana AMMs. Raydium offers CLMM (concentrated liquidity). Meteora differentiates with DLMM and dynamic bonding pools.

inbox/archive/2024-02-26-futardio-proposal-increase-meta-liquidity-via-a-dutch-auction.md

@@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/Dn638yPirR3e2UNNECpLNJApDhxsjhJTAv9uEd9LBVV
 date: 2024-02-26
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["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"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Extracted two claims: (1) the Dutch auction mechanism itself as a liquidity bootstrapping approach, and (2) the sealed-bid auction for multisig compensation as a novel cost-minimization mechanism. Enriched existing claims about Autocrat implementation details and liquidity friction. Updated MetaDAO, Meteora, and Futardio entity timelines. Source contains detailed operational data about futarchy execution (multisig structure, manual vs automated execution, compensation mechanisms) that extends understanding of how MetaDAO governance works in practice."
 ---
 
 ## Proposal Details
@@ -116,3 +121,12 @@ This proposal will significantly increase Meta DAO's protocol-owned liquidity as
 - Autocrat version: 0.1
 - Completed: 2024-03-02
 - Ended: 2024-03-02
+
+
+## Key Facts
+- MetaDAO Proposal 10 account: Dn638yPirR3e2UNNECpLNJApDhxsjhJTAv9uEd9LBVVT
+- Proposal 10 multisig: LMRVapqnn1LEwKaD8PzYEs4i37whTgeVS41qKqyn1wi (3/5 Squads)
+- Multisig members: Durden (91NjPFfJxQw2FRJvyuQUQsdh9mBGPeGPuNavt7nMLTQj), Ben H (Hu8qped4Cj7gQ3ChfZvZYrtgy2Ntr6YzfN7vwMZ2SWii), Nico (6kDGqrP4Wwqe5KBa9zTrgUFykVsv4YhZPDEX22kUsDMP), joebuild (XXXvLz1B89UtcTsg2hT3cL9qUJi5PqEEBTHg57MfNkZ), Dodecahedr0x (UuGEwN9aeh676ufphbavfssWVxH7BJCqacq1RYhco8e)
+- Proposal created 2024-02-26, passed 2024-03-02, completed 2024-03-02
+- Total META requested: 3,005.45 (1,000 sale + 2,000 liquidity + 5.45 compensation)
+- Multisig compensation via sealed-bid auction: Ben H (0), Nico (0), joebuild (0.2), Dodecahedr0x (0.25), Durden (5 META)