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5e2130be1f rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 10:18:24 +00:00
3 changed files with 9 additions and 53 deletions

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@ -1,45 +0,0 @@
---
type: entity
entity_type: decision_market
name: "FutureDAO: Fund the Rug Bounty Program"
domain: internet-finance
status: passed
parent_entity: "[[futardio]]"
platform: "futardio"
proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
proposal_url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt"
proposal_date: 2024-06-14
resolution_date: 2024-06-19
category: "grants"
summary: "Proposal to fund development of RugBounty.xyz platform with $5,000 USDC budget to help crypto communities recover from rug pulls through bounty-incentivized token migrations"
tracked_by: rio
created: 2026-03-11
---
# FutureDAO: Fund the Rug Bounty Program
## Summary
Proposal to allocate $5,000 USDC from FutureDAO treasury to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project communities to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising over 60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team (S.E.R.T.)".
## Market Data
- **Outcome:** Passed
- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- **Proposal Number:** 2
- **Created:** 2024-06-14
- **Ended:** 2024-06-17
- **Completed:** 2024-06-19
## Budget Breakdown
- Platform Development: $3,000 USDC
- Website: $1,000 USDC
- QA: $1,000 USDC
- Operational Costs (API & Hosting): $1,000+
- Bounty Allocation: TBD based on project scope
## Significance
This proposal represents FutureDAO's strategic positioning as infrastructure for community recovery from rug pulls, expanding beyond token migration tooling into bounty-incentivized community onboarding. The program creates a structured mechanism for value recovery that could drive adoption of FutureDAO's core products while building brand equity as a protective layer for the Solana ecosystem.
## Relationship to KB
- [[futardio]] - governance decision to fund new product vertical
- [[MetaDAO]] - parent futarchy infrastructure
- Related to community protection and trust-building in DeFi ecosystems

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@ -46,7 +46,8 @@ 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
- **2024-06-14** — [[futardio-fund-rug-bounty-program]] passed: Approved $5,000 USDC budget to develop RugBounty.xyz platform for community-driven rug pull recovery
- **2024-06-14** — [[futardio-fund-rug-bounty-program]] proposed: $5K budget for RugBounty.xyz platform to incentivize community recovery from rug pulls
- **2024-06-17** — [[futardio-fund-rug-bounty-program]] passed: approved development of bounty platform for token migration onboarding
## 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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@ -6,13 +6,13 @@ url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGz
date: 2024-06-14
domain: internet-finance
format: data
status: processed
status: enrichment
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Proposal entity created for FutureDAO's Rug Bounty Program funding decision. No novel claims about futarchy mechanisms or governance dynamics—this is a straightforward grants proposal for product development. The proposal passed through standard futarchy governance but doesn't reveal new insights about the mechanism itself. Key facts preserved in source archive for reference."
extraction_notes: "Governance proposal for product development. No novel claims about futarchy mechanisms or market dynamics - this is a straightforward funding decision for a specific product feature. The proposal itself is the entity. Added timeline entries to parent Futardio entity for proposal and passage."
---
## Proposal Details
@ -187,8 +187,8 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu
## Key Facts
- FutureDAO Rug Bounty Program proposal passed on 2024-06-19
- Budget allocated: $5,000 USDC for platform development
- Successful migration defined as raising over 60% of presale target in SOL
- Platform includes bounty creation, community onboarding, multi-sig collaboration, and bounty claiming
- Potential integrations mentioned: Fluxbeam's Rugcheck, Birdeye, Dexscreener, GoPlus Security, SolChat
- FutureDAO Rug Bounty Program proposal passed 2024-06-17
- Budget: $5,000 USDC development + $1,000+ operational
- Successful migration defined as >60% of presale target raised in SOL
- Platform includes token checker, potential SolChat integration, S.E.R.T. branding
- Proposal account: 4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt