rio: extract from 2025-11-14-futardio-launch-solomon.md

- Source: inbox/archive/2025-11-14-futardio-launch-solomon.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/solomon-futardio-fundraise.md

@@ -1,15 +1,54 @@
 ---
 type: entity
 entity_type: decision_market
-...
+name: "Solomon: Futardio Fundraise"
+domain: internet-finance
+status: passed
+parent_entity: "[[solomon]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
+proposal_date: 2025-11-14
+resolution_date: 2025-11-18
+category: "fundraise"
+summary: "Solomon raised $8M through futarchy-governed ICO after receiving $102.9M in commitments against $2M target"
+key_metrics:
+  funding_target: "$2,000,000"
+  total_committed: "$102,932,673.08"
+  final_raise: "$8,000,000"
+  oversubscription_ratio: 51.5
+  token_allocation: "20% to MetaDAO for liquidity seeding, 80% to Solomon DAO treasury"
+  token_mint: "SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta"
+tracked_by: rio
+created: 2026-03-11
+---
 
-## Key Facts
+# Solomon: Futardio Fundraise
 
-- **Fundraise Amount**: $102,932,673.08
-- **Oversubscription Ratio**: 51.5x based on the minimum target of $2M.
+## Summary
+
+Solomon Labs raised $8M through a futarchy-governed ICO on Futardio (MetaDAO's launchpad) after receiving $102.9M in total commitments against a $2M minimum target. The raise closed on 2025-11-18 after launching 2025-11-14. Solomon is building USDv, a non-rebasing yield-bearing stablecoin that maintains $1 parity while earning through basis trading and T-bills.
+
+## Market Data
+
+- **Outcome:** Passed (closed at $8M)
+- **Funding Target:** $2M minimum, $5-8M ideal
+- **Total Committed:** $102.9M (51.5x oversubscription)
+- **Final Raise:** $8M
+- **Token Allocation:** 20% to MetaDAO for liquidity seeding, 80% to Solomon DAO treasury
+- **Launch Date:** 2025-11-14
+- **Close Date:** 2025-11-18
 
 ## Significance
 
-The oversubscription exceeded 50x the minimum target, highlighting strong investor interest.
+This represents one of the highest oversubscription ratios documented on Futardio, demonstrating market demand for yield-bearing stablecoins with composable architecture. Solomon's dual-path design (USDv for composability, sUSDv for staking) addresses the integration friction that has kept $150B+ of stablecoin capital idle across DeFi.
 
-...
+The team's decision to cap the raise at $8M despite $102.9M in commitments reflects their stated preference for "real unmet demand after the raise closes" rather than maximizing capital extraction.
+
+Solomon had been operating in closed beta for a year with seven-figure TVL before this public fundraise, including surviving the October 10th Binance price dislocation without incidents.
+
+## Relationship to KB
+
+- [[solomon]] — parent entity
+- [[futardio]] — platform
+- [[metadao]] — receives 20% token allocation for liquidity seeding
+- [[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]] — mechanism context

entities/internet-finance/solomon.md

@@ -1,13 +1,64 @@
 ---
 type: entity
-entity_type: decision_market
-...
+entity_type: company
+name: "Solomon"
+domain: internet-finance
+handles: ["@solomon_labs"]
+status: active
+tracked_by: rio
+created: 2026-03-11
+last_updated: 2026-03-11
+founded: 2025-11-14
+founders: ["Ranga (@oxranga)"]
+category: "Futardio-launched ownership coin with active futarchy governance (Solana)"
+parent: "[[futardio]]"
+stage: early
+key_metrics:
+  raise: "$8M raised ($103M committed — 13x oversubscription)"
+  treasury: "$6.1M USDC"
+  token_price: "$0.55"
+  monthly_allowance: "$100K"
+  governance: "Active futarchy governance + treasury subcommittee (DP-00001)"
+competitors: []
+built_on: ["Solana", "MetaDAO Autocrat"]
+tags: ["ownership-coins", "futarchy", "treasury-management", "metadao-ecosystem"]
+---
+
+# Solomon
+
+## Overview
+One of the first successful Futardio launches. Raised $8M through the pro-rata mechanism ($103M committed = 13x oversubscription). Notable for implementing structured treasury management through futarchy — the treasury subcommittee proposal (DP-00001) established operational governance scaffolding on top of futarchy's market-based decision mechanism.
+
+## Current State
+- **Product**: USDv — yield-bearing stablecoin. YaaS (Yield-as-a-Service) streams yield to approved USDv holders, LP positions, and treasury balances without wrappers or vaults.
+- **Governance**: Active futarchy governance through MetaDAO Autocrat. Treasury subcommittee proposal (DP-00001) passed March 9, 2026 (cleared 1.5% TWAP threshold by +2.22%). Moves up to $150K USDC into segregated legal budget, nominates 4 subcommittee designates.
+- **Treasury**: Actively managed through buybacks and strategic allocations. DP-00001 is step 1 of 3: (1) legal/pre-formation, (2) SOLO buyback framework, (3) treasury account activation.
+- **YaaS status**: Closed beta — LP volume crossed $1M, OroGold GOLD/USDv pool delivering 59.6% APY. First deployment drove +22.05% LP APY with 3.5x pool growth.
+- **Significance**: Test case for whether futarchy-governed organizations converge on traditional corporate governance scaffolding for operations
 
 ## Timeline
+- **2025-11-14** — Solomon launches via Futardio ($103M committed, $8M raised)
+- **2026-02/03** — Lab Notes series (Ranga documenting progress publicly)
+- **2026-03** — Treasury subcommittee proposal (DP-00001) — formalized operational governance
 
-- **2026-03**: Solomon launches with a $103M fundraise, 13x oversubscription.
-- **2025-11**: Solomon announces a fundraise with a $2M minimum and $5-8M ideal target, closing with $102,932,673.08 raised, achieving a 51.5x oversubscription based on the minimum target.
-
+- **2025-11-14** — Launched futarchy-governed fundraise on Futardio with $2M target, raised $102.9M in commitments (51.5x oversubscription), closed at $8M final raise on 2025-11-18
 ## Competitive Position
+Solomon is not primarily a competitive entity — it's an existence proof. It demonstrates that futarchy-governed organizations can raise capital, manage treasuries, and create operational governance structures. The key question is whether the futarchy layer adds genuine value beyond what a normal startup with transparent treasury management would achieve.
 
-...
+## Investment Thesis
+Solomon validates the ownership coin model: futarchy governance + permissionless capital formation + active treasury management. If Solomon outperforms comparable projects without futarchy governance, it strengthens the case for market-based governance as an organizational primitive.
+
+**Thesis status:** WATCHING
+
+## Relationship to KB
+- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — Solomon's DP-00001 is evidence for this
+- [[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match]] — Solomon tests this
+
+---
+
+Relevant Entities:
+- [[metadao]] — parent platform
+- [[futardio]] — launch mechanism
+
+Topics:
+- [[internet finance and decision markets]]

inbox/archive/2025-11-14-futardio-launch-solomon.md

@@ -12,7 +12,7 @@ event_type: launch
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Launch data extraction only. No novel claims—Solomon's composable stablecoin thesis and futarchy fundraising mechanics are already covered in existing KB claims. Created decision_market entity for the fundraise and updated Solomon parent entity timeline. Massive oversubscription (51.5x) is notable but represents market validation of existing thesis rather than new mechanism insight."
+extraction_notes: "Pure entity extraction — fundraise launch data for Solomon. No novel claims about mechanisms or market dynamics beyond what's already captured in existing futarchy/MetaDAO claims. The 51.5x oversubscription is notable but represents a single data point, not a generalizable pattern. Created decision_market entity for the fundraise and updated parent Solomon entity timeline."
 ---
 
 ## Launch Details
@@ -76,11 +76,9 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
 
 
 ## Key Facts
-- Solomon raised $8M on Futardio (2025-11-14 to 2025-11-18)
-- Total committed: $102.9M (51.5x oversubscription)
-- Token allocation: 20% MetaDAO liquidity, 80% Solomon treasury
-- Solomon has been live in closed beta for one year with seven figures TVL
-- Product: USDv (composable dollar) and sUSDv (staked yield-bearing variant)
-- Yield strategy: basis trade (long spot, short perp) + T-bills
-- Custody: segregated with Ceffu, insurance-backed
-- Token: SOLO (SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta)
+- Solomon raised $8M through Futardio with 51.5x oversubscription ($102.9M committed against $2M target)
+- Solomon operates dual-path stablecoin: USDv (composable, $1 parity) and sUSDv (staking, yield-bearing)
+- Solomon's yield engine runs basis trading (long spot, short perp) and T-bills with Ceffu custody and insurance
+- Solomon ran closed beta for one year with seven-figure TVL before public fundraise
+- Token allocation: 20% MetaDAO (liquidity), 80% Solomon DAO treasury
+- Token mint: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta