rio: extract from 2024-12-05-futardio-proposal-establish-development-fund.md

- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/coal-establish-development-fund.md

@@ -19,17 +19,33 @@ created: 2026-03-11
 # COAL: Establish Development Fund?
 
 ## Summary
-Proposal to establish a development fund through a 4.2% allocation of mining emissions (472.5 COAL/day) to support protocol development, reward community contributions, and enable marketing initiatives. The allocation would increase total supply growth by 4.2% rather than reducing miner rewards. Funds would be managed by a DAO multisig with public expenditure tracking.
+Proposal to establish a development fund through a 4.2% emissions allocation (472.5 COAL/day) to support protocol development, reward community contributions, and enable marketing initiatives. The allocation would increase total supply growth by 4.2% rather than reducing mining rewards. Failed after 3-day voting period.
 
 ## Market Data
 - **Outcome:** Failed
 - **Proposer:** AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r
-- **Created:** 2024-12-05
-- **Resolved:** 2024-12-08
 - **Proposal Account:** DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U
+- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
+- **Duration:** 2024-12-05 to 2024-12-08 (3 days)
+- **Autocrat Version:** 0.3
+
+## Proposal Details
+- **Allocation Rate:** 4.2% of current mining emission rate
+- **Daily Amount:** 472.5 COAL (from 11,250 base rate)
+- **Distribution:** Weekly claims to DAO-managed multisig
+- **Transparency:** Public tracking of all expenditures
+- **Impact on Miners:** No reduction in mining rewards; increases total supply growth by 4.2%
 
 ## Significance
-This proposal tested whether a fair-launch, no-premine project could retroactively establish protocol funding through futarchy governance. The failure suggests community resistance to supply inflation even when positioned as non-dilutive to existing mining rewards. The 4.2% allocation model (avoiding miner reward reduction) represents an attempt to balance sustainability needs with fair-launch principles.
+This proposal represents a critical governance decision for COAL's transition from pure fair-launch model to sustainable development funding. The failure indicates community preference for maintaining the original zero-allocation tokenomics despite the project's stated need for development resources. The rejection suggests either:
+1. Strong miner resistance to any dilution of their share
+2. Lack of trust in DAO treasury management
+3. Preference for alternative funding mechanisms
+
+The 4.2% rate was designed to avoid reducing mining rewards, but the proposal still failed, suggesting the community values supply scarcity over development funding.
+
+## Context
+COAL launched in August 2024 as a fair-launch project with no pre-mine or team allocation. This proposal was the first attempt to establish ongoing development funding through emissions rather than one-time treasury actions.
 
 ## Relationship to KB
 - [[futardio]] - governance platform

entities/internet-finance/coal.md

@@ -4,15 +4,6 @@ entity_type: company
 name: "COAL"
 domain: internet-finance
 status: active
-website: ""
-founded: 2024-08
-headquarters: ""
-key_people: []
-key_metrics:
-  launch_type: "fair launch"
-  premine: "none"
-  team_allocation: "none"
-  daily_emissions: "11,250 COAL"
 tracked_by: rio
 created: 2026-03-11
 ---
@@ -20,13 +11,13 @@ created: 2026-03-11
 # COAL
 
 ## Overview
-COAL is a fair-launch cryptocurrency project launched in August 2024 with no pre-mine or team allocation. The project operates with community-driven governance and uses futarchy through Futardio for major decisions. As of December 2024, the protocol emits 11,250 COAL per day to miners.
+COAL is a fair-launch cryptocurrency project on Solana that launched in August 2024 with no pre-mine or team allocation. The project uses futarchy governance through Futardio for protocol decisions and operates with a mining-based token distribution model.
 
 ## Timeline
-- **2024-08** — Fair launch with no pre-mine or team allocation
+- **2024-08** — Fair launch with zero pre-mine or team allocation
 - **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
-- **2024-12-08** — Development fund proposal failed
+- **2024-12-08** — Development fund proposal failed, maintaining pure fair-launch tokenomics
 
 ## Relationship to KB
-- [[futardio]] - governance platform used
-- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - governance mechanism
+- [[futardio]] - governance platform
+- [[MetaDAO]] - futarchy infrastructure provider

inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md

@@ -12,7 +12,7 @@ event_type: proposal
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Governance proposal for COAL protocol. Created decision_market entity for the proposal and new entity for COAL protocol. No novel claims about futarchy mechanisms - this is a straightforward treasury/funding proposal that failed. The 4.2% allocation model (supply inflation vs miner dilution) is interesting but not sufficiently novel given existing KB coverage of treasury mechanisms."
+extraction_notes: "Factual governance proposal data. Created decision_market entity for the proposal and parent entity for COAL project. No extractable claims - this is pure event data documenting a failed treasury allocation vote. The proposal's failure is significant for understanding community preferences around fair-launch tokenomics vs development funding, but doesn't contain novel mechanism insights or arguable propositions beyond the documented outcome."
 ---
 
 ## Proposal Details
@@ -78,7 +78,8 @@ If the emission rate were adjusted to 10,000 \$COAL/day:
 
 
 ## Key Facts
-- COAL fair launched August 2024 with no pre-mine or team allocation
-- COAL daily emissions: 11,250 tokens as of December 2024
-- Proposed development fund allocation: 4.2% of emissions (472.5 COAL/day)
-- Development fund proposal failed 2024-12-08
+- COAL launched August 2024 as fair-launch project with no pre-mine
+- Development fund proposal: 4.2% emissions allocation = 472.5 COAL/day
+- Proposal failed 2024-12-08 after 3-day voting period
+- Current mining emission rate: 11,250 COAL/day
+- DAO account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG