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ebb6dd29e7 rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 15:21:31 +00:00
4 changed files with 29 additions and 26 deletions

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@ -12,13 +12,16 @@ created: 2026-03-11
# Advaith Sekharan
## Overview
Founding engineer at MetaDAO hired in October 2024 with $180,000 annual salary and 237 META token allocation (1% of supply). Compensation structure includes performance-based unlocks tied to market cap milestones and 4-year vesting starting November 2024.
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 with $180,000 annual salary and 237 META tokens (1% of supply) subject to performance-based vesting tied to market cap milestones. His compensation structure mirrors co-founder terms with linear unlocks beginning at $500M market cap and full unlock at $5B, with a 4-year cliff starting November 2028.
## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with linear unlocks at market cap milestones
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META (1% supply) with performance vesting
- **2024-10-26** — Hiring proposal passed via futarchy governance
## Links
- GitHub: https://github.com/advaith101
- LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
## Relationship to KB
- [[metadao]] — founding engineer
- [[metadao-hire-advaith-sekharan]] — hiring decision
- Part of MetaDAO's San Francisco core team buildout strategy
- [[metadao-hire-advaith-sekharan]] — hiring decision

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@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxw
proposal_date: 2024-10-22
resolution_date: 2024-10-26
category: "hiring"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 1% token allocation"
tracked_by: rio
created: 2026-03-11
---
@ -19,27 +19,29 @@ created: 2026-03-11
# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary
Proposal to extend an offer to Advaith Sekharan for founding engineer role at MetaDAO with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). Token allocation follows same structure as co-founder compensation with performance-based unlocks tied to market cap milestones and 4-year vesting period starting November 2024.
Proposal to extend an offer to Advaith Sekharan for founding engineer role at $180,000 annual salary plus 237 META tokens (1% of supply excluding DAO holdings). Compensation structure mirrors co-founder terms with performance-based vesting tied to market cap milestones, 4-year cliff starting November 2028, and 8-month clawback period.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Date:** 2024-10-22
- **Resolution Date:** 2024-10-26
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- **Proposal Number:** 7
- **Completed:** 2024-10-26
## Compensation Structure
- **Cash:** $180,000/year (retroactive to October 16, 2024)
- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations)
- **Vesting:** 4 years starting November 2024, no unlocks before November 2028
- **Unlocks:** Linear based on market cap ($5B = 100% unlock, $500M = 10% unlock)
- **Clawback:** Full clawback authority until July 2025 (8 months), then vests into smart contract
## Key Terms
- **Salary:** $180,000/year (retroactive to October 16, 2024)
- **Token Allocation:** 237 META (1% of 23,705.7 supply including co-founder allocations)
- **Vesting Start:** November 2024
- **Cliff:** No tokens unlock before November 2028
- **Performance Unlocks:** Linear from $500M market cap (10% unlock) to $5B (100% unlock)
- **Market Cap Definition:** $1B = $42,198 per META
- **Clawback Period:** 8 months (until July 2025)
## Significance
First founding engineer hire following MetaDAO's Fundraise #2 strategy to build core team in San Francisco. Compensation structure mirrors co-founder terms, establishing precedent for performance-based token unlocks tied to protocol value rather than time-based vesting. The 4-year cliff before any token unlocks signals long-term commitment requirements for core team members.
This hiring decision demonstrates MetaDAO's execution on its San Francisco core team buildout strategy from Fundraise #2. The compensation structure is notable for aligning founding engineer incentives with co-founder terms while maintaining long-term commitment through the 4-year cliff and performance-based unlocks tied to specific market cap milestones rather than time-based vesting.
## Relationship to KB
- [[metadao]] — hiring decision for core team
- [[advaith-sekharan]] — hired founding engineer
- [[metadao-compensation-proph3t-nallok]] — parallel co-founder compensation structure
- [[metadao-fundraise-2]] — fundraising context that enabled hiring
- [[metadao]] — hiring decision for core team expansion
- [[advaith-sekharan]] — hired individual
- [[metadao-fundraise-2]] — strategic context for hiring
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example

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@ -54,8 +54,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: first founding engineer hired with performance-based token unlocks
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer at $180K + 237 META (1% supply)
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: founding engineer hire approved via futarchy
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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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: "Hiring proposal with detailed compensation structure. No novel claims about futarchy mechanisms or governance — this is standard entity/decision_market data. Token allocation structure mirrors existing co-founder terms documented in metadao-compensation-proph3t-nallok. Created person entity for Advaith Sekharan and decision_market entity for the proposal itself."
extraction_notes: "Hiring proposal with detailed compensation structure. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and updated MetaDAO timeline. No novel claims about futarchy mechanisms—compensation structure follows existing performance-unlock patterns already documented in KB."
---
## Proposal Details
@ -78,8 +78,6 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
## Key Facts
- MetaDAO token supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO token supply including co-founder allocations: 23,705.7 META (2024-10-22)
- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
- MetaDAO market cap definition: $1B = $42,198 per META
- Advaith Sekharan GitHub: https://github.com/advaith101
- Advaith Sekharan LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/