rio: extract from 2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

domains/internet-finance/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.md

@@ -86,7 +86,7 @@ Futardio cult launch (2026-03-03 to 2026-03-04) demonstrates MetaDAO's platform
 ### Additional Evidence (extend)
 *Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
 
-(extend) FutureDAO demonstrates application of conditional market mechanisms beyond initial fundraising to post-launch community takeovers of abandoned projects. Their token migrator uses conditional markets with a 60% presale threshold where migration only completes if sufficient community commitment exists, otherwise all capital returns to participants. This extends the 'unruggable' concept from initial ICO fundraising to post-launch community governance transitions. The proposal states the tool was 'born from our own experience with a takeover of $MERTD after the project team rugged', showing practical evolution of conditional market mechanisms to address post-launch project failure scenarios.
+FutureDAO's token migrator extends the unruggable ICO concept to community takeovers of existing projects. The tool uses a 60% presale threshold as the success condition: if presale reaches 60% of target, migration proceeds with new LP creation; if not, all SOL is refunded and new tokens are burned. This applies the conditional market logic to post-launch rescues rather than just initial launches. The proposal describes the tool as addressing 'Rugged Projects: Preserve community and restore value in projects affected by rug pulls' and 'Hostile Takeovers: Enabling projects to acquire other projects and empowering communities to assert control over failed project teams.' The mechanism creates on-chain enforcement of community coordination thresholds for takeover scenarios, extending MetaDAO's unruggable ICO pattern to the secondary market for abandoned projects.
 
 ---
 

domains/internet-finance/futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md

@@ -52,12 +52,6 @@ Critically, the proposal nullifies a prior 90-day restriction on buybacks/liquid
 
 MycoRealms implements unruggable ICO structure with automatic refund mechanism: if $125,000 target not reached within 72 hours, full refunds execute automatically. Post-raise, team has zero direct treasury access — operates on $10,000 monthly allowance with all other expenditures requiring futarchy approval. This creates credible commitment: team cannot rug because they cannot access treasury directly, and investors can force liquidation through futarchy proposals if team materially misrepresents (e.g., fails to publish operational data to Arweave as promised, diverts funds from stated use). Transparency requirement (all invoices, expenses, harvest records, photos published to Arweave) creates verifiable baseline for detecting misrepresentation.
 
-
-### Additional Evidence (extend)
-*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
-
-(extend) FutureDAO's token migrator implements conditional liquidation for failed migrations: if presale raises <60% of target, all SOL returns to participants and newTOKEN must be swapped back to oldTOKEN, with all newTOKEN burnt. This extends liquidation enforcement from team misrepresentation scenarios to insufficient community coordination. The 60% threshold acts as a coordination test where the market itself determines whether migration should proceed, creating credible exit guarantees for community takeover attempts even when the underlying project has no active team.
-
 ---
 
 Relevant Notes:

domains/internet-finance/futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-protocol.md

@@ -1,50 +0,0 @@
----
-type: claim
-domain: internet-finance
-description: "FutureDAO's token migrator implements conditional migration markets with 60% presale thresholds to enable community takeovers of abandoned projects"
-confidence: experimental
-source: "FutureDAO proposal, Fund FutureDAO's Token Migrator, 2024-06-05"
-created: 2024-06-05
----
-
-# FutureDAO token migrator enables community takeovers through structured on-chain migration protocol
-
-FutureDAO's token migration tool addresses the problem of abandoned, rugged, or poorly managed web3 projects by providing a structured on-chain protocol for communities to transition from one token to another. The tool targets communities that have been abandoned by developers, face poor project management, or desire to launch new tokens with improved governance.
-
-The migration process operates through conditional markets with a 60% presale threshold:
-
-1. Communities set migration parameters including date, duration, presale raise amount, and treasury allocation
-2. Maximum dilution rates are tiered by market cap: 15% for <$1M FDMC, 12% for <$5M FDMC, 10% for <$20M FDMC
-3. If presale raises >60% of target, migration completes with new LP formed from reclaimed liquidity plus raised SOL
-4. If presale raises <60%, all SOL returns to participants and newTOKEN must be swapped back to oldTOKEN
-5. Non-migrating oldTOKEN holders receive 50% airdrop of their position
-
-The tool was "born from our own experience with a takeover of $MERTD after the project team 'rugged'", indicating the mechanism emerged from practical necessity rather than theoretical design.
-
-Monetization flows entirely to Champions NFT holders (not FutureDAO treasury) through inflation on the newTOKEN mint: 2% fee for projects <$1M FDMC, 1.5% for <$5M FDMC, 1% for <$20M FDMC. These fees are delivered over 30 days to staked NFT holders.
-
-The proposal projects $270,000 in first-year revenue from 8 migrations (3 under $1M, 4 under $5M, 1 under $20M), based on analysis showing "at least 27 notable meme coin presales on Solana in the past 12 months" with high abandonment rates. However, this projection assumes consistent deal flow without evidence of a committed pipeline.
-
-The 60% threshold creates a coordination mechanism where migration only proceeds if sufficient community commitment exists, while the conditional structure protects participants from failed migrations through automatic refunds. The mechanism's effectiveness depends on communities having sufficient coordination capacity to reach the threshold, which may select for already-organized communities rather than truly abandoned projects.
-
-## Evidence
-
-- FutureDAO proposal specifies 60% presale threshold as success condition for migration completion
-- Tiered dilution caps (15%/12%/10%) based on market cap prevent excessive inflation
-- Fee structure (2%/1.5%/1%) flows to NFT holders, not DAO treasury
-- Tool emerged from MERTD takeover experience after team "rugged"
-- Market analysis identifies 27 notable Solana meme coin presales in 12 months with high abandonment rates
-- First-year projection: $270K revenue from 8 migrations
-- Budget: $12,000 USDC ($6K development, $6K audits)
-- Proposal passed on 2024-06-08
-
-## Limitations
-
-No post-launch data on actual adoption, migration success rates, or whether the 60% threshold proves appropriate in practice. Revenue projections are illustrative rather than based on committed pipeline.
-
----
-
-Relevant Notes:
-- [[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.md]]
-- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md]]
-- [[futarchy can override its own prior decisions when new evidence emerges because conditional markets re evaluate proposals against current information not historical commitments.md]]

domains/internet-finance/futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-presale-fundraising-and-conditional-success-thresholds.md

@@ -0,0 +1,29 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's token migrator combines on-chain token swaps with presale fundraising and a 60% success threshold to create structured community takeover mechanism for abandoned projects"
+confidence: experimental
+source: "FutureDAO proposal on futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# FutureDAO token migrator enables community takeovers through structured on-chain migration with presale fundraising and conditional success thresholds
+
+FutureDAO's token migration tool creates a structured protocol for communities to take over abandoned or poorly managed projects by combining three mechanisms: (1) token swap from old to new token with lockup until completion, (2) simultaneous presale fundraising to capitalize the new project, and (3) a 60% presale threshold that determines success or full refund. The tool addresses multiple takeover scenarios including rug pulls, dead projects, metadata changes, fundraising needs, token standard upgrades, and hostile takeovers.
+
+The migration process works as follows: communities set launch parameters including migration date/duration, presale raise amount and price in SOL, and treasury allocation. Maximum dilution rates are tiered by market cap: <$1M FDMC allows 15% dilution (7.5% presale, 5.5% treasury, 2% DAO fee), <$5M allows 12%, <$20M allows 10%. During migration, old tokens are locked and swapped for new tokens while the presale runs concurrently. If the presale reaches 60% of target, the migration succeeds: old token LP is reclaimed, new token LP is created with raised SOL, tokens become claimable, and non-migrators receive 50% airdrop. If presale fails to reach 60%, all SOL is refunded, new tokens must be swapped back to old tokens, and new tokens are burned.
+
+This mechanism differs from informal community takeovers by providing on-chain enforcement of the success condition and automatic refund protection. The 60% threshold creates a coordination point where communities can credibly commit to migration only if sufficient capital and participation materialize. The tool was born from FutureDAO's own experience taking over $MERTD after the project team rugged.
+
+## Evidence
+- FutureDAO proposal describes migration tool addressing "communities that have been abandoned by their developers, facing challenges such as poor project management, or with the desire to launch a new token"
+- Migration process locks old tokens until completion, with automatic refund if <60% presale target reached
+- Tiered dilution caps based on market cap: 2% fee for <$1M FDMC, 1.5% for <$5M, 1% for <$20M
+- Tool designed for multiple scenarios: "Rugged Projects", "Dead Projects", "Metadata Changes", "Fundraising", "Token Extensions", "Hostile Takeovers"
+- Non-migrators receive 50% airdrop if migration succeeds, creating incentive to participate
+- "Future Champions" identify and assist potential clients, incentivized through commissions in newly minted tokens
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

domains/internet-finance/spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md

@@ -1,39 +0,0 @@
----
-type: claim
-domain: internet-finance
-description: "SPL-404 standard allows NFTs to be staked as fungible tokens enabling DAOs to distribute revenue to NFT holders through token mechanics"
-confidence: experimental
-source: "FutureDAO proposal, Fund FutureDAO's Token Migrator, 2024-06-05"
-created: 2024-06-05
----
-
-# SPL-404 enables revenue distribution to NFT holders by staking NFTs as fungible tokens within DAO protocols
-
-FutureDAO's token migrator uses SPL-404 to enable revenue distribution to NFT holders by allowing Champions NFTs to be staked as fungible tokens within the protocol. This creates a mechanism where NFT ownership confers both governance rights and token-based revenue streams.
-
-The mechanism works as follows:
-- Champions NFTs must be staked (SPL-404) within the Future Protocol NFT Portal to be eligible for rewards
-- Migration fees (2%/1.5%/1% based on project market cap) are delivered as newTOKEN inflation to staked NFT holders
-- Fees are distributed over a 30-day period
-- Only staked NFTs receive revenue share, creating incentive for active participation
-
-The proposal states: "To be eligible for rewards, the NFTs must be staked (SPL-404) within the Future Protocol NFT Portal."
-
-This represents a practical implementation of SPL-404 for DAO revenue distribution, where the staking requirement creates a participation filter while the 30-day distribution period smooths volatility.
-
-## Evidence
-
-- FutureDAO Champions NFTs use SPL-404 staking for revenue eligibility
-- Migration fees flow to staked NFT holders as newTOKEN inflation over 30 days
-- Staking requirement creates participation filter for revenue distribution
-- Fee structure: 2% (<$1M FDMC), 1.5% (<$5M FDMC), 1% (<$20M FDMC)
-- Proposal passed 2024-06-08
-
-## Limitations
-
-The proposal provides no data on staking participation rates, whether the 30-day distribution period is optimal, or how SPL-404 mechanics compare to alternative revenue distribution methods. This is a single implementation example rather than evidence of broader SPL-404 capability.
-
----
-
-Relevant Notes:
-- [[token economics replacing management fees and carried interest creates natural meritocracy in investment governance.md]]

domains/internet-finance/token-migration-fees-distributed-to-staked-nft-holders-create-revenue-sharing-without-direct-dao-treasury-capture.md

@@ -0,0 +1,28 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO routes 100% of migration fees to staked Champions NFT holders via SPL-404 rather than capturing revenue in DAO treasury, creating alternative revenue distribution model"
+confidence: experimental
+source: "FutureDAO proposal on futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# Token migration fees distributed to staked NFT holders create revenue sharing without direct DAO treasury capture
+
+FutureDAO's token migrator directs 100% of migration fees to Champions NFT holders who stake their NFTs in the Future Protocol NFT Portal, rather than capturing revenue in the DAO treasury. Fees are taken as inflation on the new token mint and delivered to staked NFT holders over 30 days. The fee structure is tiered by market cap: 2% for projects <$1M FDMC, 1.5% for <$5M, 1% for <$20M. The proposal explicitly states "FutureDAO does not benefit monetarily from these token migrations. All fees are directed to the Champions NFT holders."
+
+This creates a revenue distribution model where the DAO provides infrastructure but captures no direct monetary benefit, instead channeling all value to NFT holders who must actively stake (using SPL-404 standard) to be eligible. The staking requirement creates a participation gate while the 30-day distribution period smooths token delivery. For example, if a project with 1 billion tokens and $2M FDMC migrates, the new supply would be 1.12 billion tokens with 15 million (1.5% of new supply) delivered to Champions NFT stakers over 30 days.
+
+This differs from typical protocol fee models where revenue accrues to the protocol treasury or is distributed to all token holders. By routing fees exclusively to staked NFT holders, FutureDAO creates a distinct asset class (the Champions NFT) that captures protocol revenue independently of governance token holdings. The SPL-404 staking mechanism bridges NFT ownership with fungible token revenue streams.
+
+## Evidence
+- Proposal states: "FutureDAO does not benefit monetarily from these token migrations. All fees are directed to the Champions NFT holders"
+- "To be eligible for rewards, the NFTs must be staked (SPL-404) within the Future Protocol NFT Portal"
+- Fee structure: "For projects with FDMC <$1M = 2%, For projects with FDMC <$5M = 1.5%, For projects with FDMC <$20M = 1%"
+- "Fees are taken as inflation on the $newTOKEN mint and are delivered to the Champions NFT DAO over a 30 day period"
+- Example calculation: "if $MERTD had 1 billion tokens in circulation with an FDMC of $2M, the new $FUTURE supply would be 1.12 billion tokens... 15 million tokens delivered to the Champions NFT DAO"
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

domains/internet-finance/token-migration-projected-revenue-assumes-linear-adoption-without-accounting-for-market-saturation-or-competitive-dynamics.md

@@ -0,0 +1,28 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's $270K first-year revenue projection from 8 migrations extrapolates from meme coin presale volume without modeling demand constraints or adoption barriers"
+confidence: speculative
+source: "FutureDAO proposal on futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# Token migration projected revenue assumes linear adoption without accounting for market saturation or competitive dynamics
+
+FutureDAO's financial projections estimate $270,000 revenue in the first year from 8 token migrations (3 projects <$1M FDMC, 4 projects <$5M FDMC, 1 project <$20M FDMC), but this projection assumes linear adoption from a market analysis showing "at least 27 notable meme coin presales on Solana in the past 12 months" with "high abandonment (rugging) rates." The proposal justifies demand by citing that "there have been at least 27 notable meme coin presales" and concludes "This suggests a strong demand for structured and secure migration solutions."
+
+However, the projection makes several unexamined assumptions: (1) that 8 of 27+ rugged projects would choose this specific migration tool rather than informal community takeovers or competing solutions, (2) that the 60% presale success threshold doesn't filter out most attempts, (3) that communities can coordinate to reach the threshold without existing infrastructure, (4) that the tool captures migrations across the market cap spectrum (3 small, 4 medium, 1 large) without explaining why larger projects would use it, and (5) that first-year adoption reaches ~30% of the addressable market (8 of 27+) despite being a new, untested mechanism.
+
+The proposal provides no sensitivity analysis, no adoption curve modeling, and no discussion of what happens if the 60% threshold proves too high or too low in practice. The revenue projection appears to be a target-seeking calculation ("what would 8 migrations generate?") rather than a bottoms-up demand model. The $12,000 development budget is modest, but the revenue projection should be treated as illustrative rather than predictive.
+
+## Evidence
+- Proposal projects "$270,000 for Future community members that hold Future Champion's NFTs" from "8 project de-ruggings in its first year"
+- Market analysis: "at least 27 notable meme coin presales on Solana in the past 12 months, raising significant funds despite high abandonment (rugging) rates"
+- Breakdown: "3 projects under $1M FDMC: Each charged a 2% fee, generating a total of $60,000... 4 projects under $5M FDMC: Each charged a 1.5% fee, generating a total of $120,000... 1 project under $20M FDMC: Charged a 1% fee, generating $50,000"
+- No discussion of: adoption rate assumptions, success rate of 60% threshold, competitive landscape, or sensitivity to market conditions
+- Proposal cites Coin Edition and Coinpedia sources for presale volume but does not model conversion from presale volume to migration demand
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

entities/internet-finance/futardio.md

@@ -46,7 +46,6 @@ 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
-- **2024-06-05** — [[futuredao-fund-token-migrator]] passed: FutureDAO approved $12K budget for token migration tool enabling community takeovers of abandoned projects
 ## 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/futuredao.md

@@ -6,31 +6,22 @@ domain: internet-finance
 status: active
 founded: 2024
 platform: Solana
-governance_model: futarchy
-key_products:
-  - Token Migrator
-  - Future Protocol
-  - Champions NFT
+parent_organization: null
+key_people: []
 key_metrics:
-  - first_year_revenue_projection: "$270,000 from 8 migrations"
-  - token_migrator_budget: "$12,000 USDC"
+  governance_model: "futarchy via MetaDAO"
+  primary_product: "Token Migrator"
 tracked_by: rio
 created: 2026-03-11
 ---
 
 # FutureDAO
 
-## Overview
-
-FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure, building the Future Protocol to help communities safeguard and amplify value through on-chain token migration tools. The project emerged from a community takeover of $MERTD after the original team "rugged", leading to the development of structured migration protocols for abandoned or poorly managed web3 projects.
+FutureDAO is a market-governed decentralized organization building the Future Protocol, an on-chain token migration tool for communities to take over abandoned or poorly managed projects. The organization uses MetaDAO's futarchy infrastructure for governance and operates on Solana. FutureDAO was born from the team's own experience taking over $MERTD after the project team rugged.
 
 ## Timeline
-
-- **2024-06-05** — [[futuredao-fund-token-migrator]] passed: Approved $12,000 USDC budget for token migrator development ($6K tool development, $6K audits)
-- **2024-06-08** — Token Migrator proposal completed, establishing conditional migration protocol with 60% presale threshold and tiered fee structure (2%/1.5%/1% based on market cap)
+- **2024-06-05** — [[futuredao-token-migrator]] proposal passed: Approved $12,000 USDC development budget for token migration tool with 60% presale success threshold and tiered fee structure (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M) distributed to Champions NFT stakers
+- **2024-06-08** — Token Migrator proposal completed and ended
 
 ## Relationship to KB
-
-- Implements [[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]] through token migration use case
-- Extends [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] to community takeover scenarios
-- Uses [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] for Champions NFT revenue distribution
+FutureDAO extends [[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]] by applying conditional market logic to community takeovers of existing projects rather than just initial launches. The token migrator uses [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] to distribute migration fees to staked NFT holders.

entities/internet-finance/metadao.md

@@ -54,6 +54,7 @@ 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
+- **2024-06-05** — [[futuredao-token-migrator]] passed on Futardio: FutureDAO approved $12K development budget for token migration tool using MetaDAO's futarchy infrastructure
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|

inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

@@ -11,10 +11,10 @@ tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
 processed_by: rio
 processed_date: 2026-03-11
-claims_extracted: ["futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-protocol.md", "spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md"]
-enrichments_applied: ["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.md", "futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md"]
+claims_extracted: ["futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-presale-fundraising-and-conditional-success-thresholds.md", "token-migration-fees-distributed-to-staked-nft-holders-create-revenue-sharing-without-direct-dao-treasury-capture.md", "token-migration-projected-revenue-assumes-linear-adoption-without-accounting-for-market-saturation-or-competitive-dynamics.md"]
+enrichments_applied: ["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.md"]
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Extracted two mechanism claims about token migration protocol and SPL-404 revenue distribution. Created FutureDAO entity and decision_market entity for the proposal. Enriched two existing claims about unruggable ICOs and liquidation mechanisms. Source contains detailed mechanism design for conditional token migrations with market-based coordination thresholds."
+extraction_notes: "Extracted 3 claims about token migration mechanism design, NFT-based fee distribution model, and revenue projection methodology. Created FutureDAO entity and decision_market entity for the proposal. Enriched existing claims about MetaDAO's unruggable ICO concept and SPL-404 revenue distribution. The proposal contains detailed mechanism design (60% threshold, tiered fees, conditional success) that warrants claim extraction beyond just entity data. Revenue projections are speculative given lack of adoption modeling."
 ---
 
 ## Proposal Details
@@ -175,11 +175,11 @@ For more detailed information, you can visit the [Future DAO Gitbook](https://fu
 
 
 ## Key Facts
-- FutureDAO Token Migrator proposal passed 2024-06-08
-- Budget: $12,000 USDC ($6K development, $6K audits)
-- 60% presale threshold for migration completion
-- Tiered dilution: 15% (<$1M), 12% (<$5M), 10% (<$20M FDMC)
-- Fee structure: 2%/1.5%/1% to Champions NFT holders
-- First-year projection: $270K from 8 migrations
-- 27 notable Solana meme coin presales in past 12 months
-- Proposal account: BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6
+- FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08
+- Token Migrator budget: $12,000 USDC ($6K development, $6K audits)
+- Fee structure: 2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M
+- 60% presale threshold determines migration success
+- Non-migrators receive 50% airdrop if migration succeeds
+- Fees distributed to Champions NFT stakers over 30 days via SPL-404
+- At least 27 notable meme coin presales on Solana in past 12 months (per Coin Edition, Coinpedia)
+- FutureDAO born from $MERTD takeover after project team rugged