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9175ddf52e rio: extract from 2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md
- Source: inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 15:09:48 +00:00
4 changed files with 45 additions and 46 deletions

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@ -46,7 +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
- **2025-03-05** — Sanctum proposal 4 created: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults? (passed 2025-03-08)
- **2025-03-08** — Sanctum CLOUD-003 proposal passed: First major DeFi protocol using futarchy for operational liquidity management decisions (2.5M CLOUD treasury deployment)
## 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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@ -0,0 +1,37 @@
---
type: entity
entity_type: decision_market
name: "Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?"
domain: internet-finance
status: passed
parent_entity: "[[sanctum]]"
platform: "futardio"
proposal_url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q"
proposal_date: 2025-03-05
resolution_date: 2025-03-08
category: "treasury"
summary: "Treasury deployment of up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity through Kamino vaults with 20% initial APY dropping to 15%"
tracked_by: rio
created: 2026-03-11
---
# Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?
## Summary
Proposal to deploy up to 2.5M CLOUD tokens to incentivize liquidity for the INF-SOL pair through Kamino managed vaults. The incentive structure offers 20% APY for the first month, then 15% thereafter, targeting $2.5M TVL. The proposal addresses insufficient native SOL liquidity depth for INF despite its strong performance relative to other LSTs (outperforms mSOL and jitoSOL).
## Market Data
- **Outcome:** Passed
- **Resolution Date:** 2025-03-08
- **Proposal Account:** 6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q
## Rationale
INF has consistently outperformed major Solana LSTs (mSOL, jitoSOL) but lacks sufficient liquidity depth for large depositors. Over 95% of existing xSOL-SOL liquidity comes from Kamino managed vaults rather than direct LP positions, indicating users prefer automated position management. The INF-SOL Kamino vault has historically outperformed 100% INF holding due to high capital velocity (trading volume relative to TVL).
## Significance
Demonstrates futarchy governance being applied to operational treasury decisions for DeFi liquidity management, extending beyond fundraising use cases. Shows how conditional markets can evaluate complex capital allocation decisions involving yield optimization, liquidity depth targets, and protocol-owned liquidity strategies.
## Relationship to KB
- [[sanctum]] - parent entity governance decision
- [[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 used
- [[futardio]] - platform

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@ -1,38 +0,0 @@
---
type: entity
entity_type: decision_market
name: "Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?"
domain: internet-finance
status: passed
parent_entity: "[[sanctum]]"
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q"
proposal_date: 2025-03-05
resolution_date: 2025-03-08
category: "treasury"
summary: "Proposal to allocate up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity through Kamino Vaults with 20% initial yield dropping to 15%"
tracked_by: rio
created: 2026-03-11
---
# Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?
## Summary
Sanctum proposed using up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity via Kamino Vaults, offering LPs a 20% yield for the first month, then dropping to 15% thereafter. The goal was to deepen INF-SOL liquidity to support large depositors and position INF as the liquidity nexus for all LSTs on Solana. The Kamino team would guarantee 15% APY on up to $2.5M TVL until the CLOUD allocation is exhausted, with incentives expected to last at least 6 months at the TVL cap.
## Market Data
- **Outcome:** Passed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Proposal Number:** 4
- **Completed:** 2025-03-08
## Context
INF has been one of the best-performing SOL-based assets, slightly underperforming the best available LST but outperforming mSOL and jitoSOL. However, INF-SOL liquidity was insufficient for large depositors. The proposal noted that >95% of existing xSOL-SOL liquidity on AMMs comes from Kamino managed vaults, and the INF-SOL Kamino vault had historically outperformed a 100% INF HODL strategy due to high capital velocity.
## Significance
This proposal demonstrates standard liquidity incentive mechanisms in DeFi, using token emissions to bootstrap market depth. The 20% → 15% yield structure follows industry norms for initial liquidity attraction. The decision to use Kamino Vaults reflects the market reality that users prefer managed positions over manual liquidity provision.
## Relationship to KB
- [[sanctum]] - treasury allocation decision
- [[MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions]] - example of uncontested proposal

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@ -11,9 +11,9 @@ tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md"]
enrichments_applied: ["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.md", "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.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Governance proposal with standard DeFi liquidity incentive mechanics. No novel claims about futarchy mechanisms or market dynamics. Primary value is entity tracking (decision_market creation) and enrichment of existing claim about uncontested futarchy decisions. The proposal demonstrates typical treasury allocation for liquidity bootstrapping using established yield targets (15-20% APY) and managed vault infrastructure (Kamino)."
extraction_notes: "Proposal is primarily factual governance data (treasury deployment decision) rather than novel claims about futarchy mechanisms. Enriches existing claims about MetaDAO/futarchy by showing operational use case beyond fundraising. Created decision_market entity for the proposal and updated parent entities with timeline entries."
---
## Proposal Details
@ -83,8 +83,8 @@ Assuming the $2.5M TVL cap is reached, incentives should last 6 months at least.
## Key Facts
- INF slightly underperforms the best available LST but outperforms mSOL and jitoSOL (2025-03-05)
- More than 95% of existing xSOL-SOL liquidity on AMMs comes from Kamino managed vaults
- INF-SOL Kamino vault has historically outperformed 100% INF HODL strategy
- Industry standard for LP incentives is 15% combined (fees + incentives) annual yield
- Sanctum proposal 4 passed on 2025-03-08, allocating up to 2.5M CLOUD for liquidity incentives
- INF outperforms mSOL and jitoSOL but slightly underperforms jupSOL (2025-03-05)
- 95%+ of xSOL-SOL liquidity on Solana AMMs comes from Kamino managed vaults (2025-03-05)
- INF-SOL Kamino vault has outperformed 100% INF holding strategy due to high capital velocity (2025-03-05)
- Industry standard for LP incentives is 15% combined APY (fees + incentives) (2025-03-05)
- Sanctum proposal targets $2.5M TVL cap with incentives lasting minimum 6 months at that level (2025-03-05)