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3e42289146 rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 16:42:32 +00:00
4 changed files with 22 additions and 19 deletions

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@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQp
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute, halving inflation from 110% to 56% annually"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
tracked_by: rio
created: 2026-03-11
---
@ -19,7 +19,7 @@ created: 2026-03-11
# Coal: Cut emissions by 50%?
## Summary
Proposal to reduce Coal's token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), effectively halving the annual inflation rate from approximately 110% to 56%. The proposal also establishes bi-monthly decision markets for future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
This proposal halved the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from approximately 110% to 56%. The proposal also established a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original post-launch schedule that was intended as temporary.
## Market Data
- **Outcome:** Passed
@ -27,14 +27,15 @@ Proposal to reduce Coal's token emission rate from 15.625 to 7.8125 per minute (
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
- **Proposal Number:** 1
## Mechanism Details
The original emission schedule implemented automatic halvings with each 5% increase in circulating supply. After six halvings, the emission target reached 15.625 per minute. The next scheduled halving would have occurred at 7,350,000 circulating supply. This proposal decouples emission changes from supply milestones and instead implements governance-driven adjustments through bi-monthly futarchy markets.
- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- **Autocrat Version:** 0.3
## Significance
This represents Coal's transition from algorithmic to governance-driven tokenomics. By establishing recurring decision markets for emission adjustments, the project demonstrates futarchy applied to monetary policy parameters. The proposal explicitly acknowledges the original schedule was temporary, suggesting iterative governance refinement rather than fixed protocol rules.
This represents Coal's first major governance decision using futarchy to manage token economics. The proposal demonstrates futarchy being used for dynamic monetary policy adjustment rather than one-time decisions. By establishing bi-monthly decision markets for emission rates, Coal is implementing continuous governance over a critical economic parameter.
The original emission schedule included automatic halvings at 5% circulating supply increases, but this was explicitly temporary. Moving to market-governed adjustments represents a shift from algorithmic to futarchic monetary policy.
## Relationship to KB
- [[coal]] - parent entity governance decision
- [[coal]] - parent entity, first major governance decision
- [[futardio]] - platform hosting the decision market
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism pattern
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism concept

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@ -4,6 +4,8 @@ entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: solana
governance_model: futarchy
tracked_by: rio
created: 2026-03-11
---
@ -11,13 +13,13 @@ created: 2026-03-11
# Coal
## Overview
Coal is a futarchy-governed token project on Solana using emission rate adjustments as a governance testing ground. The project implements bi-monthly decision markets to determine token emission parameters, transitioning from algorithmic supply schedules to market-driven monetary policy.
Coal is a futarchy-governed token project on Solana using [[futardio]] for governance. The project uses dynamic emission rate adjustments governed by bi-monthly decision markets rather than fixed algorithmic schedules. Coal represents an experiment in market-governed monetary policy for crypto tokens.
## Timeline
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** - [[coal-cut-emissions-by-50]] passed: emission rate halved, establishing bi-monthly governance cycle
- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: First major governance decision halved emission rate from 15.625 to 7.8125 per minute, reducing annual inflation from ~110% to ~56%
- **2024-11-17** — Emission rate reduction completed, establishing bi-monthly decision market framework for future adjustments
## Relationship to KB
- [[futardio]] - governance platform
- [[MetaDAO]] - futarchy infrastructure provider
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related tokenomics pattern
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism

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@ -46,6 +46,7 @@ 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
- **2024-11-13** — Coal project launches first governance proposal to halve emissions, demonstrating futarchy for dynamic monetary policy
## 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."

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@ -12,7 +12,7 @@ event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Factual governance proposal with no novel claims. Creates decision_market entity and parent Coal entity. The emission adjustment mechanism itself is covered by existing dynamic minting claim. No trading volume data provided despite futarchy implementation."
extraction_notes: "Source is a futarchy governance proposal for Coal token emission rate adjustment. Primary output is decision_market entity plus parent entity creation. No novel claims about futarchy mechanisms - this is standard application of existing futarchy governance to monetary policy. The bi-monthly adjustment framework is operationally interesting but not conceptually novel enough for a standalone claim."
---
## Proposal Details
@ -73,9 +73,8 @@ A follow-up decision market will be held in early January, approximately two mon
## Key Facts
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation
- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), targeting ~56% annual inflation
- Original emission schedule implemented automatic halvings every 5% circulating supply increase
- Next scheduled halving would have occurred at 7,350,000 circulating supply
- Proposal passed 2024-11-17 after 4-day market period
- Follow-up decision market scheduled for early January (2-month cycle)
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal
- Coal circulating supply threshold for next halving was 7,350,000
- Coal annual inflation rate was approximately 110% before proposal, 56% after
- Coal's original emission schedule included automatic halvings every 5% circulating supply increase
- Coal proposal passed 2024-11-17 after 4-day market period