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.
+(extend) FutureDAO describes itself as "a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure" and is building the Future Protocol on top of MetaDAO's Autocrat program. FutureDAO's token migrator represents an application layer built on MetaDAO's futarchy primitives, suggesting MetaDAO is functioning as infrastructure that other DAOs can use for governance, not just as a standalone organization. This confirms MetaDAO's role as futarchy infrastructure layer.
 
 ---
 

domains/internet-finance/futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations.md

@@ -38,6 +38,12 @@ The new DAO parameters formalize the lesson: 120k USDC monthly spending limit (w
 - Mintable tokens introduce dilution risk that fixed-supply tokens avoid: if mint authority is misused, token holders face value extraction without recourse
 - Since [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]], minting decisions are themselves governable through futarchy — but this only works if the DAO has not already become inoperable from treasury exhaustion
 
+
+### Additional Evidence (confirm)
+*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
+
+(confirm) FutureDAO's token migrator design confirms the necessity of mintable governance tokens. The fee structure explicitly mints new tokens (1-2% of new token supply) to distribute to Champions NFT holders as revenue, rather than drawing from a fixed treasury. The proposal states fees are "delivered to the Champions NFT DAO over a 30 day period," requiring continuous token issuance authority. Without mintable tokens, FutureDAO could not implement its revenue-sharing model.
+
 ---
 
 Relevant Notes:

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 +1,41 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's migrator bundles token swap, presale fundraising, and 60% success threshold into atomic coordination mechanism for abandoned projects"
+confidence: experimental
+source: "FutureDAO Token Migrator proposal, 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 addresses the community takeover problem by bundling three mechanisms into one protocol: token swap (oldTOKEN → newTOKEN at 1:1), presale fundraising (SOL raised for new liquidity), and conditional execution (migration only completes if presale reaches 60% of target). This creates a coordination mechanism for abandoned or rugged projects where communities can collectively decide to migrate while simultaneously raising capital for the new token's liquidity pool.
+
+The conditional success threshold solves the commitment problem in community takeovers. If the presale fails to reach 60%, all SOL is returned to participants, newTOKEN is burned, and oldTOKEN holders can reclaim their frozen tokens. This creates a credible Schelling point: the migration only happens if enough community members commit capital, preventing scenarios where early movers get rugged again by insufficient participation.
+
+The fee structure (1-2% of new token supply based on market cap) and treasury allocation (4-5.5% of new supply) provide funding for the new project while the migration is happening, rather than requiring the community to coordinate funding separately after gaining control. The tool essentially packages governance transition, fundraising, and liquidity bootstrapping into a single atomic operation.
+
+FutureDAO projects first-year revenue of $270,000 from 8 migrations (3 under $1M FDMC, 4 under $5M FDMC, 1 under $20M FDMC), suggesting they expect meaningful demand for structured community takeover infrastructure. The conditional window and automatic refund mechanism reduce coordination costs compared to informal community takeover attempts.
+
+## Evidence
+- FutureDAO proposal specifies 60% presale threshold as success condition with automatic refund below threshold
+- Fee structure scales with market cap: 2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M
+- Treasury allocation ranges 4-5.5% of new supply depending on market cap tier
+- Projected 8 migrations in first year with $270K total revenue to NFT holders (self-reported projection)
+- Migration process locks oldTOKEN until completion, preventing exit before coordination resolves
+- Unclaimed newTOKEN goes to community multisig (not FutureDAO), preserving community control
+- Non-migrating oldTOKEN holders receive 50% airdrop of newTOKEN as participation incentive
+- Proposal states: "Born from our own experience with a takeover of $MERTD after the project team 'rugged'"
+
+## Challenges
+The 60% threshold is arbitrary and untested. Too high and legitimate migrations fail due to coordination problems; too low and the credibility of the success signal weakens. The proposal provides no evidence for why 60% is the optimal Schelling point.
+
+The fee and treasury allocations (combined 6-7.5% dilution) may be too high for communities that are already skeptical after being rugged, creating adverse selection where only desperate communities with no alternatives use the tool.
+
+This is a single proposal from one DAO with no track record of successful migrations yet, so the revenue projections are speculative.
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]
+- [[core/mechanisms/_map]]

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

@@ -3,37 +3,41 @@ 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"
+source: "FutureDAO Token Migrator proposal, futard.io, 2024-06-05"
 created: 2024-06-05
 ---
 
-# SPL-404 enables revenue distribution to NFT holders by staking NFTs as fungible tokens within DAO protocols
+# SPL-404 enables fungible-NFT swap revenue for DAOs by bridging governance tokens and NFT liquidity on Solana
 
-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.
+FutureDAO's revenue distribution model relies on SPL-404, a Solana token standard that allows NFTs to be staked and treated as fungible tokens for the purpose of revenue distribution. This solves a coordination problem for NFT-based DAOs: how to distribute protocol revenue to NFT holders without requiring manual claims or complex snapshot mechanisms.
 
-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 FutureDAO proposal specifies that Champions NFT holders must stake their NFTs (via SPL-404) in the "Future Protocol NFT Portal" to be eligible for migration fee revenue. The fees (1-2% of new token supply from each migration) are "delivered to the Champions NFT DAO over a 30 day period," suggesting continuous distribution rather than discrete airdrops.
 
-The proposal states: "To be eligible for rewards, the NFTs must be staked (SPL-404) within the Future Protocol NFT Portal."
+This creates a technical bridge between NFT ownership (non-fungible, illiquid) and revenue distribution (fungible, continuous). Without SPL-404 or equivalent, DAOs would need to either:
+1. Snapshot NFT holders at specific blocks and airdrop (high friction, discrete)
+2. Require NFT holders to manually claim (low participation)
+3. Build custom smart contracts for each revenue distribution (expensive, non-composable)
 
-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.
+The staking requirement (NFTs must be staked to receive revenue) adds a governance participation filter: passive NFT holders who don't stake don't receive revenue, concentrating rewards among active participants. This is similar to token staking for governance but applied to NFTs.
+
+The 30-day distribution period suggests the protocol is using a vesting or streaming mechanism rather than instant distribution, which could smooth out revenue volatility from lumpy migration events.
 
 ## Evidence
-
-- FutureDAO Champions NFTs use SPL-404 staking for revenue eligibility
-- Migration fees flow to staked NFT holders as newTOKEN inflation over 30 days
+- FutureDAO proposal states: "To be eligible for rewards, the NFTs must be staked (SPL-404) within the Future Protocol NFT Portal"
+- Migration fees are "delivered to the Champions NFT DAO over a 30 day period"
+- Fee structure: 1-2% of new token supply per migration goes to NFT holders
+- Example calculation: $MERTD migration with 1B tokens would generate 15M tokens (1.5% fee) to Champions NFT DAO
 - 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
+## Challenges
+The proposal does not explain how SPL-404 technically enables this, what the staking mechanism looks like, or whether this is a novel application of SPL-404 or a standard use case. Without technical documentation, it's unclear whether this is a genuine innovation or just using existing Solana staking infrastructure with NFT wrappers.
 
-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.
+The 30-day distribution period may create timing mismatches if NFT holders stake/unstake during the distribution window, potentially creating edge cases around who receives what portion of the revenue.
+
+This is a single implementation example with no track record of actual revenue distribution yet, so the mechanism's effectiveness is unproven.
 
 ---
 
-Relevant Notes:
-- [[token economics replacing management fees and carried interest creates natural meritocracy in investment governance.md]]
+Topics:
+- [[domains/internet-finance/_map]]
+- [[core/mechanisms/_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

@@ -1,19 +1,17 @@
 ---
 type: entity
 entity_type: company
-name: FutureDAO
+name: "FutureDAO"
+also_known_as: ["Future DAO", "Future Protocol"]
 domain: internet-finance
 status: active
 founded: 2024
-platform: Solana
-governance_model: futarchy
-key_products:
-  - Token Migrator
-  - Future Protocol
-  - Champions NFT
+website: "https://futurespl.gitbook.io/future"
+key_people: []
 key_metrics:
-  - first_year_revenue_projection: "$270,000 from 8 migrations"
-  - token_migrator_budget: "$12,000 USDC"
+  champions_nft_supply: "unknown"
+  first_year_revenue_projection: "$270,000"
+  migration_fee_structure: "1-2% of new token supply based on market cap"
 tracked_by: rio
 created: 2026-03-11
 ---
@@ -21,16 +19,21 @@ 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 futarchy-governed DAO building the "Future Protocol" - infrastructure for community-led token migrations and takeovers of abandoned or rugged projects. Built on MetaDAO's futarchy infrastructure, FutureDAO positions itself as an application layer providing structured on-chain coordination tools rather than just governance. Revenue flows to Champions NFT holders (via SPL-404 staking) rather than to the DAO treasury.
 
 ## 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-fund-token-migrator]] passed: Approved $12K USDC to develop token migration tool with conditional execution and presale fundraising
+- **2024-06-08** - Token Migrator proposal completed, development funded
 
 ## Relationship to KB
+FutureDAO represents an evolution of futarchy from pure governance mechanism to infrastructure for community coordination. The token migrator uses futarchy-style conditional markets (60% presale threshold) for community takeover decisions, not just DAO governance. This is relevant to [[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]] as an example of futarchy infrastructure enabling new coordination primitives.
 
-- 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
+The SPL-404 revenue distribution model (NFT staking for fungible token rewards) is a novel approach to DAO revenue sharing that bridges NFT ownership and continuous token distribution.
+
+## Related Entities
+- [[metadao]] - provides underlying futarchy infrastructure
+- [[futardio]] - platform for futarchy governance
+
+Topics:
+- [[domains/internet-finance/_map]]
+- [[core/mechanisms/_map]]

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", "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-meme-coins-attract-speculative-capital-at-scale.md", "futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations.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: "Source is a futarchy governance proposal that passed, creating both a decision_market entity and a new company entity (FutureDAO). Two novel claims extracted: (1) token migrator as community takeover coordination mechanism with conditional execution, (2) SPL-404 as NFT-to-fungible bridge for DAO revenue distribution. Enriched futardio.md and metadao.md with FutureDAO's positioning as application layer on futarchy infrastructure."
 ---
 
 ## 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 token migrator budget: $12,000 USDC ($6K development, $6K audits)
+- Migration fee structure: 2% for <$1M FDMC, 1.5% for <$5M FDMC, 1% for <$20M FDMC
+- Treasury allocation: 4-5.5% of new token supply depending on market cap tier
+- Success threshold: 60% of presale target must be raised for migration to complete
+- Non-migrating holders receive 50% airdrop of newTOKEN
+- Fees distributed to Champions NFT holders over 30-day period via SPL-404 staking
+- Projected first-year revenue: $270K from 8 migrations (3 <$1M, 4 <$5M, 1 <$20M FDMC)
+- Proposal passed 2024-06-08, created 2024-06-05