Compare commits
1 commit
564eb4721b
...
523ac5fde3
| Author | SHA1 | Date | |
|---|---|---|---|
|
|
523ac5fde3 |
4 changed files with 30 additions and 35 deletions
|
|
@ -4,7 +4,8 @@ entity_type: person
|
|||
name: "Advaith Sekharan"
|
||||
domain: internet-finance
|
||||
status: active
|
||||
role: "Founding Engineer at MetaDAO"
|
||||
roles: ["founding engineer"]
|
||||
affiliations: ["[[metadao]]"]
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
|
@ -12,16 +13,13 @@ created: 2026-03-11
|
|||
# Advaith Sekharan
|
||||
|
||||
## 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 starting November 2024.
|
||||
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.
|
||||
|
||||
## Timeline
|
||||
- **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, became MetaDAO's founding engineer with retroactive salary from October 16
|
||||
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposal created to hire as founding engineer
|
||||
- **2024-10-26** — Hiring proposal passed; joined MetaDAO with retroactive salary from October 16th
|
||||
|
||||
## Relationship to KB
|
||||
- [[metadao]] — founding engineer
|
||||
- Compensation structure mirrors [[metadao-compensation-proph3t-nallok]] framework with performance-based token unlocks
|
||||
|
||||
## Links
|
||||
- GitHub: https://github.com/advaith101
|
||||
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
|
||||
- [[metadao-hire-advaith-sekharan]] — hiring decision
|
||||
- Part of MetaDAO's San Francisco core team building strategy per Fundraise #2
|
||||
|
|
@ -8,12 +8,10 @@ parent_entity: "[[metadao]]"
|
|||
platform: "futardio"
|
||||
proposer: "Nallok, Proph3t"
|
||||
proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
|
||||
proposal_account: "B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
|
||||
proposal_number: 7
|
||||
proposal_date: 2024-10-22
|
||||
resolution_date: 2024-10-26
|
||||
category: "hiring"
|
||||
summary: "Hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
|
||||
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
|
@ -21,31 +19,30 @@ 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). 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.
|
||||
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.
|
||||
|
||||
## Market Data
|
||||
- **Outcome:** Passed
|
||||
- **Proposer:** Nallok, Proph3t
|
||||
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
|
||||
- **Proposal Number:** 7
|
||||
- **Created:** 2024-10-22
|
||||
- **Completed:** 2024-10-26
|
||||
|
||||
## Compensation Structure
|
||||
- **Cash:** $180,000 per year (retroactive to October 16, 2024)
|
||||
- **Tokens:** 237 META (1% of 23,705.7 supply including founder allocations)
|
||||
- **Unlock Mechanism:** Linear based on market cap ($1B = $42,198 per META)
|
||||
- 10% unlocks at $500M market cap (23.7 META)
|
||||
- 100% unlocks at $5B market cap (237 META)
|
||||
- **Vesting:** No tokens accessible before November 2028 regardless of price milestones
|
||||
- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months from start)
|
||||
- **Post-Clawback:** Tokens vest into smart contract/multisig inaccessible to founders
|
||||
- **Cash:** $180,000/year (retroactive to October 16, 2024)
|
||||
- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations)
|
||||
- **Vesting Start:** November 2024
|
||||
- **Unlock Mechanism:** Linear based on market cap ($500M = 10% unlock, $5B = 100% unlock)
|
||||
- **Cliff:** No tokens unlock before November 2028
|
||||
- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months)
|
||||
- **Market Cap Definition:** $1B = $42,198 per META
|
||||
|
||||
## Significance
|
||||
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]].
|
||||
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.
|
||||
|
||||
## Relationship to KB
|
||||
- [[metadao]] — founding engineer hire
|
||||
- [[advaith-sekharan]] — hired through this proposal
|
||||
- [[metadao-compensation-proph3t-nallok]] — parallel compensation structure
|
||||
- [[metadao-fundraise-2]] — SF team-building context
|
||||
- [[metadao]] — hiring decision for founding engineer role
|
||||
- [[advaith-sekharan]] — hired individual
|
||||
- [[metadao-compensation-proph3t-nallok]] — co-founder compensation structure this mirrors
|
||||
- [[metadao-fundraise-2]] — fundraising round that enabled core team building
|
||||
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism used
|
||||
|
|
@ -54,8 +54,7 @@ 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 for $180K + 237 META tokens
|
||||
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: Advaith Sekharan hired as founding engineer
|
||||
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: hired Advaith Sekharan as founding engineer with $180K salary and 237 META tokens
|
||||
## Key Decisions
|
||||
| Date | Proposal | Proposer | Category | Outcome |
|
||||
|------|----------|----------|----------|---------|
|
||||
|
|
|
|||
|
|
@ -12,7 +12,7 @@ event_type: proposal
|
|||
processed_by: rio
|
||||
processed_date: 2026-03-11
|
||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
||||
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."
|
||||
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."
|
||||
---
|
||||
|
||||
## Proposal Details
|
||||
|
|
@ -79,8 +79,9 @@ 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 founder allocations: 23,705.7 META (2024-10-22)
|
||||
- MetaDAO market cap definition: $1B = $42,198 per META
|
||||
- Advaith Sekharan compensation: $180K salary + 237 META (1% of supply)
|
||||
- Token unlock structure: linear from $500M (10%) to $5B market cap (100%)
|
||||
- Vesting terms: 4-year lockup starting Nov 2024, 8-month clawback period until July 2025
|
||||
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
|
||||
- Founding engineer compensation: $180K/year + 237 META (1% of supply)
|
||||
- Token unlock formula: linear from $500M (10%) to $5B (100%) market cap
|
||||
- Market cap definition: $1B = $42,198 per META
|
||||
- Vesting cliff: 4 years (November 2028)
|
||||
- Clawback period: 8 months (until July 2025)
|
||||
|
|
|
|||
Loading…
Reference in a new issue