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4c8033a902 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 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 12:30:25 +00:00
3 changed files with 53 additions and 9 deletions

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@ -0,0 +1,45 @@
---
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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@ -46,8 +46,7 @@ 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]] 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
- **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
## 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: enrichment
status: processed
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: "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."
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."
---
## 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 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
- 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