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domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md

@@ -43,6 +43,12 @@ Single-case evidence limits generalizability. The failure could be specific to:
 
 However, this case provides concrete evidence that [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] operates even when the economics appear favorable.
 
+
+### Additional Evidence (confirm)
+*Source: [[2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition]] | Added: 2026-03-15*
+
+The Drift Creator Competition proposal offered a structured marketing campaign with defined deliverables (video content, Twitter threads, trade ideas) and measurable outcomes (community engagement, B.E.T awareness) for $8,250. The proposal included clear evaluation criteria and distribution through established platform (Superteam Earn). Despite these favorable characteristics, it failed to pass, suggesting the failure mechanism was insufficient trader participation rather than negative market assessment of the proposal's value.
+
 ---
 
 Relevant Notes:

entities/internet-finance/metadao.md

@@ -58,12 +58,13 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2024-03-02** — [[metadao-increase-meta-liquidity-dutch-auction]] passed: completed Dutch auction and liquidity provision, moving all protocol-owned liquidity to Meteora 1% fee pool
 - **2025-01-27** — [[metadao-otc-trade-theia-2]] proposed: Theia offers $500K for 370.370 META at 14% premium with 12-month vesting
 - **2025-01-30** — [[metadao-otc-trade-theia-2]] passed: Theia acquires 370.370 META tokens for $500,000 USDC
-- **2023-11-18** — [[metadao-develop-lst-vote-market]] proposed: first product development proposal requesting 3,000 META to build Votium-style validator bribe platform for MNDE/mSOL holders
-- **2023-11-29** — [[metadao-develop-lst-vote-market]] passed: approved LST Vote Market development with projected $10.5M enterprise value addition
+- **2023-11-18** — metadao-develop-lst-vote-market proposed: first product development proposal requesting 3,000 META to build Votium-style validator bribe platform for MNDE/mSOL holders
+- **2023-11-29** — metadao-develop-lst-vote-market passed: approved LST Vote Market development with projected $10.5M enterprise value addition
 - **2023-12-03** — Proposed Autocrat v0.1 migration with configurable proposal slots and 3-day default duration
 - **2023-12-13** — Completed Autocrat v0.1 migration, moving 990,000 META, 10,025 USDC, and 5.5 SOL to new program despite unverifiable build
 - **2024-01-24** — Proposed AMM program to replace CLOB markets, addressing liquidity fragmentation and state rent costs (Proposal CF9QUBS251FnNGZHLJ4WbB2CVRi5BtqJbCqMi47NX1PG)
 - **2024-01-29** — AMM proposal passed with 400 META on approval and 800 META on completion budget
+- **2024-08-14** — Proposed futardio memecoin launchpad with futarchy-governed token allocation; proposal failed after market vote, demonstrating reputational risk concerns outweighed adoption benefits
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|

inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
 date: 2024-08-27
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-15
+enrichments_applied: ["futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Proposal Details
@@ -75,3 +79,12 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
 - Autocrat version: 0.3
 - Completed: 2024-08-31
 - Ended: 2024-08-31
+
+
+## Key Facts
+- Drift is the largest open-sourced perpetual futures exchange built on Solana
+- Drift launched B.E.T, described as Solana's first capital efficient prediction market
+- The Drift Creator Competition proposal included three bounty tracks plus grand prize: Grand prize ($3,000), Video content ($1,750), Twitter threads ($1,750), Trade ideas ($1,750)
+- Prize structure for each track: 1st place $1,000, 2nd place $500, 3rd place $250
+- Proposal was to be executed through Superteam Earn platform
+- Funding would come from Drift Foundation Grants Program in DRIFT tokens