rio: extract from 2026-03-05-futardio-launch-torch-market.md

- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -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
-- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: $75K raise for DeFi protocol refunded after 1 day despite technical completeness
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched: $75K target for DeFi protocol with formal verification and agent SDK, closed refunding after 1 day
 ## 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."

entities/internet-finance/torch-market-futardio-fundraise.md

@@ -11,32 +11,31 @@ proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2m
 proposal_date: 2026-03-05
 resolution_date: 2026-03-06
 category: "fundraise"
-summary: "$75K fundraise for Torch Market DeFi protocol marketing and 6-month runway"
+summary: "$75K fundraise for marketing and 6-month runway, closed in refunding status"
 tracked_by: rio
 created: 2026-03-11
 key_metrics:
-  funding_target: "$75,000"
-  token_symbol: "5pF"
-  token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
-  platform_version: "v0.7"
+  raise_target: "$75,000"
+  outcome: "refunding"
+  duration: "1 day"
 ---
 
 # Torch Market: Futardio Fundraise
 
 ## Summary
-Torch Market attempted to raise $75K through Futardio for 6-month runway focused on marketing and team expansion. The protocol had already launched on mainnet with formal verification and audit completed, positioning the raise as growth capital rather than development funding. The proposal included detailed budget breakdown: $500-1500/month for infrastructure, $3K founder compensation, $2K marketing, $6K for 2-person marketing team, plus $5K flat for mainnet token bonding.
+Torch Market launched a $75K fundraise on Futardio to fund marketing operations and establish a 6-month runway. The raise included $5K flat for mainnet token bonding (50 SOL) and monthly operational costs covering infrastructure ($540-1540), founder compensation ($3K), marketing ($2K), and marketing team ($6K). The proposal closed after one day in refunding status, indicating insufficient market support.
 
 ## Market Data
-- **Outcome:** Failed (Refunding status)
+- **Outcome:** Failed (Refunding)
+- **Target:** $75,000
+- **Duration:** 2026-03-05 to 2026-03-06
 - **Proposer:** mrsirg97-rgb
-- **Duration:** 1 day (2026-03-05 to 2026-03-06)
-- **Funding Target:** $75,000
-- **Token:** 5pF
 
 ## Significance
-This represents a post-launch fundraise on Futardio where the protocol had already shipped product (mainnet deployment, formal verification, audit, SDK, agent integrations). The rapid failure (1-day duration) and refunding status suggests market skepticism despite technical completeness, potentially indicating that Futardio markets price team credibility and traction over technical readiness. The detailed budget transparency (founder salary, marketing spend breakdown) did not overcome market hesitation.
+This represents a failed futarchy-governed fundraise for an operational DeFi protocol with significant technical infrastructure (formal verification, SDK, agent integrations). The rapid closure suggests either insufficient market validation of the business model or poor timing/positioning in the fundraise market. The protocol remains live on mainnet despite fundraise failure, indicating the team is continuing development.
 
 ## Relationship to KB
 - [[torch-market]] — parent entity
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — futarchy governance ecosystem
+- [[MetaDAO]] — underlying futarchy infrastructure
+- Demonstrates futarchy-governed fundraise failure mode

entities/internet-finance/torch-market.md

@@ -12,19 +12,29 @@ created: 2026-03-11
 key_metrics:
   formal_verification: "48/48 kani proof harnesses"
   clawhub_downloads: "~4000"
-  audit_status: "completed"
+  deployment: "devnet/mainnet"
 ---
 
 # Torch Market
 
-Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield features in a single formally verified protocol. Built on SPL token2022, it functions as both a launchpad and DeFi primitive with non-extractive design where economic actions flow back to the community. The protocol is designed for both human and AI agent users, with permissionless migration to DEX fully funded by token treasuries.
+Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield functionality in a single on-chain protocol built on Solana. The protocol is designed for both human and AI agent users, with formal verification of core math operations and an open-source SDK enabling permissionless integration.
+
+The protocol implements non-extractive economics where all value flows back to the community, with active users earning protocol rewards at 2+ SOL volume per epoch. Token migration to DEX is permissionless and fully funded by each token's treasury.
 
 ## Timeline
-- **2026-03-05** — [[torch-market-futardio-fundraise]]: $75K fundraise launched on Futardio, status refunding
-- **2026** — Launched on devnet/mainnet at version 3.7.10 with formal verification and audit completed
-- **2026** — Released torchsdk on npm and clawhub agent skill achieving ~4K downloads
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched: $75K target, refunding status
+- **2026-03-06** — Fundraise closed without reaching target
 
 ## Relationship to KB
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — futarchy governance ecosystem
-- Active in Solana DeFi ecosystem with focus on agent-accessible protocols
+- Built on [[MetaDAO]] futarchy infrastructure
+- Demonstrates agent-first DeFi design pattern
+
+## Links
+- [Website](https://torch.market)
+- [Whitepaper](https://torch.market/whitepaper)
+- [Formal Verification](https://torch.market/verification.md)
+- [Audit](https://torch.market/audit.md)
+- [GitHub](https://github.com/mrsirg97-rgb)
+- [NPM SDK](https://www.npmjs.com/package/torchsdk)
+- [Clawhub Skill](https://clawhub.ai/mrsirg97-rgb/torchmarket)

inbox/archive/2026-03-05-futardio-launch-torch-market.md

@@ -12,7 +12,7 @@ event_type: launch
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Source is a Futardio launch page for Torch Market fundraise. Primary extraction is entity data (new company + decision_market for the fundraise). No novel claims about futarchy mechanisms or market dynamics — this is a single failed raise with insufficient context for generalizable insights. The rapid failure (1 day) is notable but needs comparison data across multiple Futardio raises to claim a pattern. Extracted as entities only per significance threshold (real capital attempt, governance decision on platform)."
+extraction_notes: "Source is a futarchy-governed fundraise launch that failed. Created entity pages for Torch Market (company) and the fundraise decision market. No novel claims about futarchy mechanisms or market dynamics — this is purely factual data about a specific launch event. The rapid failure (1 day) is notable but insufficient evidence alone to make claims about futarchy fundraise dynamics without additional context about market conditions or comparable cases."
 ---
 
 ## Launch Details
@@ -75,8 +75,10 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market raised $75K target on Futardio (2026-03-05)
-- Torch Market fundraise status: Refunding (closed 2026-03-06)
-- Torch Market has 48/48 kani formal verification proof harnesses
-- Torch Market clawhub skill has ~4K downloads
-- Torch Market version 3.7.10 live on devnet/mainnet
+- Torch Market has 48/48 kani proof harnesses for formal verification
+- Torch Market SDK has ~4K downloads on Clawhub
+- Torch Market is live on Solana devnet/mainnet
+- Torch Market founder has 1K+ followers on X
+- Torch Market fundraise targeted $75K for 6-month runway
+- Monthly burn rate: $11.5K-12.5K ($540-1540 infra, $3K founder, $2K marketing, $6K marketing team)
+- Fundraise closed 2026-03-06 in refunding status