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@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69Pz
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proposal_date: 2024-03-26
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resolution_date: 2024-03-31
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category: "strategy"
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summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor management for three months to accelerate decision-making while the futarchy mechanism matured."
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summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor management for three months to accelerate decision-making."
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tracked_by: rio
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created: 2026-03-11
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---
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@ -19,34 +19,35 @@ created: 2026-03-11
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# MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
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## Summary
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This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution velocity while the futarchy proposal process remained too slow and costly for operational decisions. The proposal allocated 1,015 META and 100,000 USDC for four months of retroactive compensation (December-March) and three months of forward-looking compensation (April-June), averaging 145 META and $14,000 per month.
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This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution speed. The proposal allocated 1,015 META and 100,000 USDC to cover four months of retroactive compensation (December 2023 - March 2024) and three months of forward-looking compensation (April - June 2024), averaging 145 META and $14,000 per month.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Created:** 2024-03-26
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- **Completed:** 2024-03-31
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- **Proposal Number:** 14
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- **Completed:** 2024-03-31
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- **Autocrat Version:** 0.1
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## Scope of Authority
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The BDF3M role granted Proph3t and Nallok authority over:
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## Authority Granted
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The BDF3M role included:
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- Retroactive compensation for all contributions prior to the proposal
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- Business operations including off-chain proposal process management, project management, expense handling, and security improvements
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- Contributor compensation including incentive-based components
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- Exceptional use grants for MetaDAO's code licenses
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- Managing ongoing business operations including off-chain proposal process, project management, and expenses
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- Improving security and efficacy of the core futarchy mechanism
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- Compensation for current contributors including incentive-based components
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- Authority to make exceptional use grants for MetaDAO's code licenses
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- Monthly community updates
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## OKRs
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- Execute faster: Complete 10 GitHub issues per week
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- Handle retroactive compensation within 1 week of passage
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- Oversee new landing page creation
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- Handle retroactive compensation within 1 week of passing
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- Perform operations compensation for April-June 2024
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- Oversee creation of new landing page
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## Significance
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This proposal represents a critical governance transition where MetaDAO explicitly acknowledged that its futarchy mechanism was not yet mature enough to handle operational tempo, requiring a temporary reversion to centralized leadership. The proposers framed failure as decreasing MetaDAO's success probability by more than 20%, indicating this was viewed as an existential decision point. The compensation structure notably mentioned likely issuance in 5-year locked META form, establishing a long-term alignment mechanism.
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This proposal represented a critical governance transition for MetaDAO, acknowledging that the futarchy proposal process was "too slow and costly" for operational decisions at that stage. The proposers estimated that failure would decrease MetaDAO's probability of success by more than 20%, framing it as an existential decision. The META tokens were likely issued in 5-year locked form, and funding came from multisigs rather than directly from the DAO treasury for technical reasons.
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## Relationship to KB
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- [[metadao]] - governance decision establishing interim centralized leadership
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- [[proph3t]] - appointed benevolent dictator
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- [[nallok]] - appointed benevolent dictator
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - context for why this centralization was needed
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- [[metadao]] - governance decision establishing interim leadership structure
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- [[proph3t]] - appointed as co-leader
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- [[nallok]] - appointed as co-leader
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- [[futardio]] - platform where proposal was executed
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