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5b63911c44 rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 14:18:29 +00:00
4 changed files with 28 additions and 27 deletions

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@ -12,16 +12,16 @@ created: 2026-03-11
# Advaith Sekharan
## Overview
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply) subject to performance-based vesting. His compensation structure includes linear unlocks tied to market cap milestones and a 4-year vesting period with no tokens unlocking before November 2028.
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply). His compensation includes performance-based token unlocks tied to market cap milestones, with full unlock at $5B market cap and a 4-year vesting period starting November 2024.
## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with performance vesting
- **2024-10-26** — Hiring proposal passed through futarchy governance
- **2024-10-26** — Hiring proposal passed; joined as founding engineer with retroactive salary from October 16
## Relationship to KB
- [[metadao]] — founding engineer
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation structure example
- Part of MetaDAO's San Francisco core team buildout per Fundraise #2 strategy
## Links
- GitHub: https://github.com/advaith101
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
- [GitHub](https://github.com/advaith101)
- [LinkedIn](https://www.linkedin.com/in/advaith-sekharan-78b52b277/)

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@ -19,27 +19,28 @@ created: 2026-03-11
# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary
Proposal to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual salary and 237 META tokens (1% of supply excluding DAO holdings). The compensation structure mirrors co-founder terms with performance-based unlocks tied to market cap milestones and a 4-year minimum vesting period.
Proposal to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual salary and 237 META tokens (1% of supply excluding DAO holdings). Compensation structure mirrors co-founder terms with performance-based unlocks tied to market cap milestones and 4-year vesting starting November 2024.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Date:** 2024-10-22
- **Resolution Date:** 2024-10-26
- **Categories:** DAO, Treasury
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- **Proposal Number:** 7
- **Completed:** 2024-10-26
## Compensation Structure
- **Fixed Token Allocation:** 237 META (1% of 23,705.7 total supply including co-founder allocations)
- **Linear Unlocks:** 100% unlock at $5B market cap, proportional at lower caps (e.g., 10% at $500M)
- **Vesting Period:** No tokens unlock before November 2028 regardless of milestones
- **Illiquid Vest:** DAO clawback rights until July 2025 (8 months), then tokens vest to smart contract
- **Start Date:** November 2024 for vesting, October 16, 2024 for retroactive salary
- **Cash:** $180,000/year (retroactive to October 16, 2024)
- **Tokens:** 237 META (1% of 23,705.7 supply including founder allocations)
- **Vesting:** 4-year cliff starting November 2024 (no tokens unlock before November 2028)
- **Performance Unlocks:** Linear based on market cap ($5B = 100% unlock, $500M = 10% unlock)
- **Clawback:** DAO can reclaim all tokens until July 2025 (8-month illiquid vest)
- **Market Cap Definition:** $1B = $42,198 per META
## Significance
This proposal demonstrates MetaDAO's implementation of performance-based compensation aligned with long-term value creation. The structure eliminates immediate dilution while creating strong alignment through market cap-triggered unlocks. The 4-year minimum vesting and 8-month clawback period signal commitment to sustained execution over speculation.
This hiring decision demonstrates MetaDAO's execution on its Fundraise #2 strategy to build a core San Francisco team. The compensation structure uses the same performance-based token vesting as co-founders, treating founding engineers as equity-equivalent stakeholders rather than employees. The 4-year cliff and 8-month clawback period signal long-term commitment requirements while the market-cap-based unlocks align incentives with protocol success rather than time served.
## Relationship to KB
- [[metadao]] — core team expansion
- [[advaith-sekharan]] — hired as founding engineer
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example
- [[metadao]] — hiring decision for core team
- [[metadao-fundraise-2]] — execution of team-building strategy from this proposal
- [[metadao-compensation-proph3t-nallok]] — parallel compensation structure for co-founders
- [[advaith-sekharan]] — hired individual

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@ -54,8 +54,8 @@ 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
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens
- **2024-10-26**[[metadao-hire-advaith-sekharan]] passed: founding engineer hire approved through futarchy governance
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K + 237 META tokens
- **2024-10-26**Advaith Sekharan hiring proposal passed; first founding engineer hired under Fundraise #2 team-building strategy
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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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: "Extracted hiring proposal as decision_market entity and created person entity for Advaith Sekharan. No novel claims about futarchy mechanisms — compensation structure is an implementation detail of existing performance-based vesting patterns. Key contribution is factual data about MetaDAO's team expansion and specific compensation terms."
extraction_notes: "Hiring proposal for MetaDAO's first founding engineer. Created entity pages for Advaith Sekharan and the decision market. No novel claims about futarchy mechanisms or governance — this is a straightforward hiring decision following established compensation patterns from co-founder allocations. The performance-based vesting structure is already documented in the co-founder compensation claim. Entity data only."
---
## Proposal Details
@ -78,9 +78,9 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
## Key Facts
- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
- Founding engineer compensation: $180K salary + 237 META (1% of supply)
- Market cap definition: $1B = $42,198 per META
- Vesting structure: 4-year minimum, linear unlocks from $500M to $5B market cap
- Clawback period: 8 months (until July 2025)
- MetaDAO META supply excluding DAO holdings: 19,755.7 tokens (2024-10-22)
- MetaDAO META supply including founder allocations: 23,705.7 tokens (2024-10-22)
- MetaDAO market cap definition: $1B = $42,198 per META
- Advaith Sekharan compensation: $180K salary + 237 META (1% of supply)
- Founding engineer vesting: 4-year cliff starting November 2024, 8-month clawback period
- Performance unlock structure: 100% at $5B market cap, linear scaling (e.g., 10% at $500M)