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---
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type: entity
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entity_type: decision_market
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name: "FutureDAO: Fund the Rug Bounty Program"
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domain: internet-finance
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status: passed
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parent_entity: "[[futardio]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt"
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proposal_date: 2024-06-14
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resolution_date: 2024-06-17
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category: "grants"
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summary: "Fund development of RugBounty.xyz platform to help communities recover from rug pulls through bounty-incentivized token migrations"
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tracked_by: rio
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created: 2026-03-11
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---
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# FutureDAO: Fund the Rug Bounty Program
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## Summary
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Proposal to allocate $5,000 USDC to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project victims to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising >60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team."
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Proposal Number:** 2
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- **Created:** 2024-06-14
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- **Ended:** 2024-06-17
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- **Completed:** 2024-06-19
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## Budget Breakdown
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- Platform Development: $3,000 USDC
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- Website: $1,000 USDC
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- QA: $1,000 USDC
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- Operational Costs (API & Hosting): $1,000+ USDC
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- Bounty Pool: TBD based on project scope
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## Significance
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This proposal represents FutureDAO's strategic positioning as infrastructure for community recovery from rug pulls, extending their Token Migration tool with a bounty-driven distribution mechanism. The program creates a new use case for futarchy-governed capital allocation: funding public goods that protect DeFi participants while driving adoption of the parent protocol's tools.
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The bounty structure (rewarding successful migrations >60% of presale target) creates measurable success criteria and aligns incentives between recovery facilitators and affected communities.
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## Relationship to KB
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- [[futardio]] - governance decision funding product development
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- [[MetaDAO]] - futarchy infrastructure provider
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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]] - governance mechanism used
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@ -46,7 +46,6 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2024-06-14** — [[futardio-fund-rug-bounty-program]] passed: Approved $5,000 USDC funding for RugBounty.xyz platform development to help communities recover from rug pulls through bounty-incentivized token migrations
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **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."
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35
entities/internet-finance/futuredao.md
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35
entities/internet-finance/futuredao.md
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---
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type: entity
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entity_type: company
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name: "FutureDAO"
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domain: internet-finance
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status: active
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founded: 2024
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platform: "Solana"
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parent_org: "MetaDAO"
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key_metrics:
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governance: "futarchy via MetaDAO infrastructure"
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product: "Future Protocol token migration tools"
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tracked_by: rio
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created: 2026-03-11
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---
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# FutureDAO
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## Overview
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FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure. The organization builds the Future Protocol, which provides on-chain token migration tools to help communities affected by rug pulls recover and restore value. FutureDAO positions itself as Solana's Emergency Response Team (S.E.R.T.).
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## Timeline
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- **2024-06-14** — [[futuredao-fund-rug-bounty-program]] proposed: $5,000 USDC budget for Rug Bounty Platform development
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- **2024-06-17** — Rug Bounty Program proposal voting ended
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- **2024-06-19** — Rug Bounty Program proposal completed and passed
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## Relationship to KB
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
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- Product addresses rug pull recovery, a significant problem in crypto communities
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## Products
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- **Token Migration Tool** — on-chain tool for community takeovers of rugged projects
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- **Rug Bounty Program (RugBounty.xyz)** — incentive system for onboarding rugged communities to migration tool
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- **$FUTURE token** — governance and utility token for the protocol
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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-06-14** — FutureDAO (MetaDAO-governed project) proposed Rug Bounty Program with $5,000 USDC budget; passed 2024-06-19
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -12,7 +12,7 @@ event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Source is a governance proposal for funding product development. Created decision_market entity for the proposal and updated parent Futardio entity timeline. No novel claims about futarchy mechanisms or governance dynamics - this is a straightforward grants proposal. The bounty mechanism itself (incentivizing community onboarding for token migrations) is product-specific, not a generalizable insight about coordination mechanisms. Key facts preserved in source archive for reference."
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extraction_notes: "Source is a futarchy governance proposal for product development funding. Created entity pages for FutureDAO (new organization) and the decision market (proposal entity). No novel claims about futarchy mechanisms — the proposal uses standard MetaDAO Autocrat infrastructure. The rug bounty mechanism itself is a product feature, not a governance innovation. Key contribution is documenting FutureDAO as a MetaDAO-governed project building rug pull recovery tools."
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---
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## Proposal Details
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@ -187,7 +187,8 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu
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## Key Facts
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- FutureDAO Rug Bounty Program proposal requested $5,000 USDC total budget (2024-06-14)
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- Proposal 2 on FutureDAO passed 2024-06-17, completed 2024-06-19
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- RugBounty.xyz defines successful migration as raising >60% of presale target in SOL
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- Budget breakdown: $3K platform dev, $1K website, $1K QA, $1K+ operational costs
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- FutureDAO Rug Bounty Program budget: $5,000 USDC ($3K platform, $1K website, $1K QA, $1K+ operational)
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- Rug Bounty success criteria: >60% of original presale target raised in SOL
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- FutureDAO positions as 'Solana's Emergency Response Team (S.E.R.T.)'
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- Proposal 2 for FutureDAO, passed 2024-06-19 after 3-day voting period
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- Autocrat version 0.3 used for governance
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