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c0aaa3b3ce rio: extract from 2025-11-14-futardio-launch-solomon.md
- Source: inbox/archive/2025-11-14-futardio-launch-solomon.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 04:54:27 +00:00
2 changed files with 24 additions and 34 deletions

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@ -10,15 +10,14 @@ proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8
proposal_date: 2025-11-14
resolution_date: 2025-11-18
category: "fundraise"
summary: "Solomon raised $8M through futarchy-governed ICO after receiving $102.9M in commitments (51.5x oversubscription)"
summary: "Solomon raised $8M through futarchy-governed ICO after receiving $102.9M in commitments against $2M target"
key_metrics:
funding_target: "$2,000,000"
total_committed: "$102,932,673.08"
final_raise: "$8,000,000"
oversubscription_ratio: 51.5
token_allocation:
metadao_liquidity: "20% of gross"
solomon_treasury: "80% of gross"
token_allocation: "20% to MetaDAO for liquidity seeding, 80% to Solomon DAO treasury"
token_mint: "SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta"
tracked_by: rio
created: 2026-03-11
---
@ -27,38 +26,29 @@ created: 2026-03-11
## Summary
Solomon launched a futarchy-governed fundraise on Futardio targeting $2M minimum with an ideal range of $5-8M. The raise received $102.9M in commitments (51.5x oversubscription) and closed at $8M final raise after 4 days. The structure allocated 20% of gross to MetaDAO for token liquidity seeding and 80% to Solomon DAO treasury.
Solomon Labs raised $8M through a futarchy-governed ICO on Futardio (MetaDAO's launchpad) after receiving $102.9M in total commitments against a $2M minimum target. The raise closed on 2025-11-18 after launching 2025-11-14. Solomon is building USDv, a non-rebasing yield-bearing stablecoin that maintains $1 parity while earning through basis trading and T-bills.
## Market Data
- **Outcome:** Passed (Complete)
- **Outcome:** Passed (closed at $8M)
- **Funding Target:** $2M minimum, $5-8M ideal
- **Total Committed:** $102.9M (51.5x oversubscription)
- **Final Raise:** $8M
- **Token Allocation:** 20% to MetaDAO for liquidity seeding, 80% to Solomon DAO treasury
- **Launch Date:** 2025-11-14
- **Close Date:** 2025-11-18
- **Target:** $2M minimum, $5-8M ideal
- **Committed:** $102,932,673.08
- **Final Raise:** $8,000,000
- **Oversubscription:** 51.5x
## Product Context
Solomon builds USDv, a composable stablecoin that maintains $1 peg without rebasing while earning yield. The system offers two paths: permissionless staking (USDv → sUSDv with accrued yield) and permissioned Yield-as-a-Service for protocols requiring par-stable dollars. Backend yield comes from basis trading (long spot, short perp) and T-bills, with automated trading infrastructure and Ceffu custody with insurance coverage.
The project ran closed beta for one year with seven figures TVL and handled multiple market shocks including the October 10th Binance price dislocation with zero incidents.
## Capital Deployment Plan
1. Put treasury to work immediately (targeting ~16% APR)
2. Fund liquidity-mining to accelerate TVL growth
3. Seed deeper USDv/USDC liquidity
4. Reduce fees and improve terms with custody providers and exchanges
## Significance
This represents one of the largest futarchy-governed fundraises on record with 51.5x oversubscription, demonstrating market demand for yield-bearing stablecoins and validation of the futarchy fundraising mechanism at scale. The team's decision to cap the raise at $8M despite $102.9M in commitments shows capital discipline and preference for "real unmet demand after the raise closes."
This represents one of the highest oversubscription ratios documented on Futardio, demonstrating market demand for yield-bearing stablecoins with composable architecture. Solomon's dual-path design (USDv for composability, sUSDv for staking) addresses the integration friction that has kept $150B+ of stablecoin capital idle across DeFi.
The team's decision to cap the raise at $8M despite $102.9M in commitments reflects their stated preference for "real unmet demand after the raise closes" rather than maximizing capital extraction.
Solomon had been operating in closed beta for a year with seven-figure TVL before this public fundraise, including surviving the October 10th Binance price dislocation without incidents.
## Relationship to KB
- [[solomon]] — parent entity
- [[futardio]] — fundraising platform
- [[metadao]] — receives 20% of gross for liquidity seeding
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context
- [[futardio]] — platform
- [[metadao]] — receives 20% token allocation for liquidity seeding
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context

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@ -12,7 +12,7 @@ event_type: launch
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Pure fundraise event data. No novel claims about futarchy mechanisms, stablecoin design, or market dynamics beyond what's already captured in existing KB claims. The 51.5x oversubscription is a significant data point but doesn't constitute a new arguable proposition. Entity extraction captures the decision market structure and outcome. Key facts preserved for reference on stablecoin market size and Solomon's technical architecture."
extraction_notes: "Pure entity extraction — fundraise launch data for Solomon. No novel claims about mechanisms or market dynamics beyond what's already captured in existing futarchy/MetaDAO claims. The 51.5x oversubscription is notable but represents a single data point, not a generalizable pattern. Created decision_market entity for the fundraise and updated parent Solomon entity timeline."
---
## Launch Details
@ -76,9 +76,9 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
## Key Facts
- Solomon raised $8M through Futardio after receiving $102.9M in commitments (51.5x oversubscription) from 2025-11-14 to 2025-11-18
- Solomon token (SOLO) mint address: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta
- Solomon ran closed beta for one year with seven figures TVL before public launch
- USDv stablecoin uses basis trading (long spot, short perp) and T-bills for yield generation
- Solomon custody is segregated with Ceffu and carries insurance coverage
- Over $150B of stablecoin capital sits idle across chains due to yield design incompatibility with composability
- Solomon raised $8M through Futardio with 51.5x oversubscription ($102.9M committed against $2M target)
- Solomon operates dual-path stablecoin: USDv (composable, $1 parity) and sUSDv (staking, yield-bearing)
- Solomon's yield engine runs basis trading (long spot, short perp) and T-bills with Ceffu custody and insurance
- Solomon ran closed beta for one year with seven-figure TVL before public fundraise
- Token allocation: 20% MetaDAO (liquidity), 80% Solomon DAO treasury
- Token mint: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta