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564eb4721b 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 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 09:03:30 +00:00
4 changed files with 35 additions and 30 deletions

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@ -4,8 +4,7 @@ entity_type: person
name: "Advaith Sekharan" name: "Advaith Sekharan"
domain: internet-finance domain: internet-finance
status: active status: active
roles: ["founding engineer"] role: "Founding Engineer at MetaDAO"
affiliations: ["[[metadao]]"]
tracked_by: rio tracked_by: rio
created: 2026-03-11 created: 2026-03-11
--- ---
@ -13,13 +12,16 @@ created: 2026-03-11
# Advaith Sekharan # Advaith Sekharan
## Overview ## Overview
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 through a futarchy-governed proposal. His compensation package includes $180,000 annual salary and 237 META tokens (1% of supply) with performance-based unlocking tied to market cap milestones and a 4-year vesting period. Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 through a futarchy-governed proposal. His compensation package includes $180,000 annual salary and 237 META tokens (1% of supply) with performance-based unlocking tied to market cap milestones and a 4-year vesting period starting November 2024.
## Timeline ## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposal created to hire as founding engineer - **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with linear unlocks at market cap milestones
- **2024-10-26** — Hiring proposal passed; joined MetaDAO with retroactive salary from October 16th - **2024-10-26** — Hiring proposal passed, became MetaDAO's founding engineer with retroactive salary from October 16
## Relationship to KB ## Relationship to KB
- [[metadao]] — founding engineer - [[metadao]] — founding engineer
- [[metadao-hire-advaith-sekharan]] — hiring decision - Compensation structure mirrors [[metadao-compensation-proph3t-nallok]] framework with performance-based token unlocks
- Part of MetaDAO's San Francisco core team building strategy per Fundraise #2
## Links
- GitHub: https://github.com/advaith101
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/

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@ -8,10 +8,12 @@ parent_entity: "[[metadao]]"
platform: "futardio" platform: "futardio"
proposer: "Nallok, Proph3t" proposer: "Nallok, Proph3t"
proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2" proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
proposal_account: "B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
proposal_number: 7
proposal_date: 2024-10-22 proposal_date: 2024-10-22
resolution_date: 2024-10-26 resolution_date: 2024-10-26
category: "hiring" category: "hiring"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens" summary: "Hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
tracked_by: rio tracked_by: rio
created: 2026-03-11 created: 2026-03-11
--- ---
@ -19,30 +21,31 @@ created: 2026-03-11
# MetaDAO: Hire Advaith Sekharan as Founding Engineer? # MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary ## Summary
This proposal sought to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). The token allocation uses the same performance-based vesting structure as co-founders Nallok and Proph3t, with linear unlocks tied to market cap milestones from $500M to $5B, a 4-year cliff starting November 2028, and an 8-month clawback 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). Token allocation uses performance-based unlocking tied to market cap milestones, with 100% unlocking at $5B market cap and linear scaling below that threshold. Vesting includes 4-year lockup starting November 2024 and 8-month clawback period.
## Market Data ## Market Data
- **Outcome:** Passed - **Outcome:** Passed
- **Proposer:** Nallok, Proph3t - **Proposer:** Nallok, Proph3t
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 - **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- **Proposal Number:** 7
- **Created:** 2024-10-22 - **Created:** 2024-10-22
- **Completed:** 2024-10-26 - **Completed:** 2024-10-26
## Compensation Structure ## Compensation Structure
- **Cash:** $180,000/year (retroactive to October 16, 2024) - **Cash:** $180,000 per year (retroactive to October 16, 2024)
- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations) - **Tokens:** 237 META (1% of 23,705.7 supply including founder allocations)
- **Vesting Start:** November 2024 - **Unlock Mechanism:** Linear based on market cap ($1B = $42,198 per META)
- **Unlock Mechanism:** Linear based on market cap ($500M = 10% unlock, $5B = 100% unlock) - 10% unlocks at $500M market cap (23.7 META)
- **Cliff:** No tokens unlock before November 2028 - 100% unlocks at $5B market cap (237 META)
- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months) - **Vesting:** No tokens accessible before November 2028 regardless of price milestones
- **Market Cap Definition:** $1B = $42,198 per META - **Clawback:** DAO can reclaim all tokens until July 2025 (8 months from start)
- **Post-Clawback:** Tokens vest into smart contract/multisig inaccessible to founders
## Significance ## Significance
This proposal demonstrates MetaDAO's use of futarchy for operational hiring decisions, extending the same performance-aligned token structure used for co-founders to early employees. The 4-year cliff and market-cap-based unlocking create strong long-term alignment while the 8-month clawback period provides early accountability. The proposal is part of MetaDAO's strategy to build a core team in San Francisco following Fundraise #2. This hiring decision demonstrates futarchy-governed talent acquisition for core team building. The compensation structure mirrors the performance-based framework established in [[metadao-compensation-proph3t-nallok]], extending the same market cap-linked unlock mechanism to founding team members. The proposal aligns with MetaDAO's San Francisco team-building strategy outlined in [[metadao-fundraise-2]].
## Relationship to KB ## Relationship to KB
- [[metadao]] — hiring decision for founding engineer role - [[metadao]] — founding engineer hire
- [[advaith-sekharan]] — hired individual - [[advaith-sekharan]] — hired through this proposal
- [[metadao-compensation-proph3t-nallok]] — co-founder compensation structure this mirrors - [[metadao-compensation-proph3t-nallok]] — parallel compensation structure
- [[metadao-fundraise-2]] — fundraising round that enabled core team building - [[metadao-fundraise-2]] — SF team-building context
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism used

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@ -54,7 +54,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03** — Pine Analytics Q4 2025 quarterly report published - **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 - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: hired Advaith Sekharan as founding engineer with $180K salary and 237 META tokens - **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer for $180K + 237 META tokens
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: Advaith Sekharan hired as founding engineer
## Key Decisions ## Key Decisions
| Date | Proposal | Proposer | Category | Outcome | | Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------| |------|----------|----------|----------|---------|

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@ -12,7 +12,7 @@ event_type: proposal
processed_by: rio processed_by: rio
processed_date: 2026-03-11 processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5" extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Hiring proposal for founding engineer. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and timeline entry on MetaDAO. No novel claims — this is operational execution of existing compensation structure. The token vesting mechanism matches the co-founder structure already documented in metadao-compensation-proph3t-nallok claim." extraction_notes: "Factual hiring proposal with structured compensation data. No novel claims about futarchy mechanisms or governance dynamics—compensation structure mirrors existing founder framework. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and timeline entries on MetaDAO parent entity. All data is verifiable from proposal specifics."
--- ---
## Proposal Details ## Proposal Details
@ -79,9 +79,8 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
## Key Facts ## Key Facts
- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22) - 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) - MetaDAO supply including founder allocations: 23,705.7 META (2024-10-22)
- Founding engineer compensation: $180K/year + 237 META (1% of supply) - MetaDAO market cap definition: $1B = $42,198 per META
- Token unlock formula: linear from $500M (10%) to $5B (100%) market cap - Advaith Sekharan compensation: $180K salary + 237 META (1% of supply)
- Market cap definition: $1B = $42,198 per META - Token unlock structure: linear from $500M (10%) to $5B market cap (100%)
- Vesting cliff: 4 years (November 2028) - Vesting terms: 4-year lockup starting Nov 2024, 8-month clawback period until July 2025
- Clawback period: 8 months (until July 2025)