rio: extract from 2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md

- Source: inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/coal-meta-pow-treasury-protocol.md

@@ -0,0 +1,45 @@
+---
+type: entity
+entity_type: decision_market
+name: "COAL: Meta-PoW Treasury Protocol"
+domain: internet-finance
+status: passed
+parent_entity: "[[futardio]]"
+platform: "futardio"
+proposer: "coal project team"
+proposal_url: "https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg"
+proposal_date: 2025-11-07
+resolution_date: 2025-11-10
+category: "mechanism"
+summary: "Implements Meta-PoW protocol establishing deterministic ORE treasury accumulation through INGOT smelting fees and dynamic license costs"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# COAL: Meta-PoW Treasury Protocol
+
+## Summary
+The Meta-PoW proposal establishes a sustainable economic model for COAL by creating a mechanical loop that accumulates ORE in the treasury through INGOT smelting fees. The protocol moves mining power into pickaxes, implements evergreen tool mechanics with 4% daily decay, and uses dynamic license costs that adjust based on COAL/ORE price ratios to throttle supply automatically.
+
+## Market Data
+- **Outcome:** Passed
+- **Proposer:** coal project team
+- **Resolution:** 2025-11-10
+- **Discussion:** Discord thread 1436448452631593091
+
+## Mechanism Design
+The protocol implements three key innovations:
+
+1. **Treasury Accumulation:** All ORE payments occur at INGOT smelting (μ ≈ 12.10 ORE per INGOT), with 100% flowing to COAL treasury. Each active pickaxe generates approximately 1 ORE/day of treasury inflow through repair demand.
+
+2. **Dynamic License Costs:** Pickaxe crafting requires burning c(y) = c0 * (y / y_ref)^p COAL, where y = P_ORE / P_COAL. With p = 3, this creates cubic sensitivity to price ratios, automatically throttling tool creation when COAL weakens.
+
+3. **Evergreen Tools:** Tools decay at 4% per day if not maintained but never permanently break. Repair costs (~0.082643 INGOT/day) are calibrated to be cheaper than recrafting (1 INGOT + 8 WOOD + license), creating stable demand without churn.
+
+## Significance
+This proposal demonstrates futarchy governance handling complex protocol economics beyond simple funding decisions. The Meta-PoW design creates a self-regulating token economy where treasury inflow scales with network activity and supply adjusts automatically to price conditions without governance intervention. It represents a sophisticated application of ownership coin principles where protocol mechanics drive treasury accumulation through user behavior rather than discretionary management.
+
+## Relationship to KB
+- [[futardio]] - governance platform
+- [[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]] - platform context
+- [[ownership coin treasuries should be actively managed through buybacks and token sales as continuous capital calibration not treated as static war chests]] - alternative treasury model

entities/internet-finance/futardio.md

@@ -46,6 +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
+- **2025-11-10** — [[coal-meta-pow-treasury-protocol]] passed: Implements Meta-PoW protocol with deterministic ORE treasury accumulation through INGOT smelting fees and dynamic license costs
 ## 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."

inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md

@@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuA
 date: 2025-11-07
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["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", "dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution.md", "ownership coin treasuries should be actively managed through buybacks and token sales as continuous capital calibration not treated as static war chests.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Extracted three mechanism design claims covering treasury accumulation, dynamic license costs, and evergreen tool mechanics. Created decision_market entity for the proposal. Enriched three existing claims with new evidence about MetaDAO's governance scope, dynamic emissions mechanisms, and treasury management alternatives. Source contains detailed protocol specification with mathematical formulas and economic calibration."
 ---
 
 ## Proposal Details
@@ -265,3 +270,16 @@ Vote NO – keep the current model unchanged.
 - Autocrat version: 0.3
 - Completed: 2025-11-10
 - Ended: 2025-11-10
+
+
+## Key Facts
+- COAL max supply: 25,000,000 tokens
+- Halving bands: every 5% of max supply (1,250,000 COAL)
+- Initial daily emissions: R_0 = 11,250 COAL/day
+- INGOT smelting cost: 100 COAL + ~12.10 ORE
+- Pickaxe repair cost: ~0.082643 INGOT + 0.3 WOOD per day
+- Tool decay rate: 4% per day if not maintained
+- License formula defaults: c0 = 200, y_ref = 50, p = 3, c_min = 1, c_max = 300
+- Axe WOOD output: w0 = 3-5 WOOD per day (governance-set)
+- Proposal account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
+- Completed: 2025-11-10