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53ae8967fc rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 12:27:30 +00:00
3 changed files with 21 additions and 18 deletions

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@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQp
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
summary: "Proposal to reduce coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
tracked_by: rio
created: 2026-03-11
---
@ -19,7 +19,7 @@ created: 2026-03-11
# Coal: Cut emissions by 50%?
## Summary
Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
Proposal to halve the coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a precedent for bi-monthly decision markets to adjust emission rates, replacing the original post-launch schedule that was intended as temporary.
## Market Data
- **Outcome:** Passed
@ -29,9 +29,11 @@ Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute
- **Proposal Number:** 1
## Significance
This represents Coal's first major governance decision using futarchy to manage token economics. The shift from a fixed halving schedule to bi-monthly decision markets demonstrates futarchy being applied to dynamic parameter adjustment rather than one-time decisions. The proposal explicitly acknowledges the original emission schedule was temporary, showing governance evolution in response to market conditions.
This proposal demonstrates dynamic performance-based token emission governance through futarchy. Rather than following a fixed halving schedule based on circulating supply milestones, the coal project is using conditional markets to continuously optimize emission rates based on market conditions. The establishment of bi-monthly decision markets creates an ongoing governance mechanism for monetary policy.
The proposal explicitly acknowledges that the original emission schedule "was never intended to be a long-term solution," showing futarchy being used to evolve tokenomics in response to actual market performance rather than predetermined formulas.
## Relationship to KB
- [[coal]] - first major governance decision
- [[futardio]] - platform hosting the decision market
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism design pattern
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism claim
- [[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]] - underlying mechanism

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@ -4,19 +4,20 @@ entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: solana
governance_model: futarchy
platform: "Solana"
governance_model: "futarchy"
tracked_by: rio
created: 2026-03-11
---
# Coal
Coal is a futarchy-governed token project on Solana using dynamic emission rate adjustment through bi-monthly decision markets. The project launched with a temporary halving schedule that reduced emissions with each 5% increase in circulating supply, but transitioned to market-based governance for token economics.
Coal is a futarchy-governed token project on Solana using [[futardio]] for governance decisions. The project uses conditional markets to manage token emission rates rather than fixed schedules, conducting bi-monthly decision markets to adjust monetary policy based on market conditions.
## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly decision markets for future adjustments
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** - Emission reduction proposal passed, establishing bi-monthly decision market precedent for tokenomics adjustments
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - mechanism pattern
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance approach

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@ -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 governance proposal with no novel mechanism insights. The emission rate adjustment and shift to bi-monthly decision markets is a straightforward application of existing futarchy patterns. Created entity files for Coal (new project) and the decision market itself. No claims extracted because the proposal contains no arguable propositions about mechanism design - it's purely operational governance data."
extraction_notes: "Source is a futarchy governance proposal for the coal token project. Primary extraction is entity data (decision_market entity for the proposal, company entity for coal project). No novel claims about futarchy mechanisms - the use of conditional markets for tokenomics adjustments is already covered by existing claim on dynamic performance-based token minting. The proposal demonstrates that mechanism in practice but doesn't add new theoretical insight."
---
## Proposal Details
@ -73,9 +73,9 @@ A follow-up decision market will be held in early January, approximately two mon
## Key Facts
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation
- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), reducing inflation to ~56%
- Original emission schedule halved with each 5% increase in circulating supply
- Next halving under old schedule would have occurred at 7,350,000 circulating supply
- Proposal passed 2024-11-17 after being created 2024-11-13
- Follow-up decision market scheduled for early January (approximately two months after proposal)
- Coal token emission rate was 15.625 per minute (22,500 per day) before proposal, representing ~110% annual inflation
- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), representing ~56% annual inflation
- Coal's original emission schedule called for halving with each 5% increase in circulating supply
- Next scheduled halving under old schedule would have occurred at 7,350,000 circulating supply
- Coal had completed six halvings before this proposal
- Proposal established bi-monthly decision markets for future emission rate adjustments