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0df4de0ec1 rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 08:09:24 +00:00
5 changed files with 53 additions and 42 deletions

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---
type: entity
entity_type: decision_market
name: "FutureDAO: Fund the Rug Bounty Program"
domain: internet-finance
status: passed
parent_entity: "[[futardio]]"
platform: "futardio"
proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
proposal_url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt"
proposal_date: 2024-06-14
resolution_date: 2024-06-17
category: "grants"
summary: "Fund development of RugBounty.xyz platform to help communities recover from rug pulls through bounty-incentivized token migrations"
tracked_by: rio
created: 2026-03-11
---
# FutureDAO: Fund the Rug Bounty Program
## Summary
Proposal to allocate $5,000 USDC to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project victims to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising >60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team."
## Market Data
- **Outcome:** Passed
- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- **Proposal Number:** 2
- **Created:** 2024-06-14
- **Ended:** 2024-06-17
- **Completed:** 2024-06-19
## Budget Breakdown
- Platform Development: $3,000 USDC
- Website: $1,000 USDC
- QA: $1,000 USDC
- Operational Costs (API & Hosting): $1,000+ USDC
- Bounty Pool: TBD based on project scope
## Significance
This proposal represents FutureDAO's strategic positioning as infrastructure for community recovery from rug pulls, extending their Token Migration tool with a bounty-driven distribution mechanism. The program creates a new use case for futarchy-governed capital allocation: funding public goods that protect DeFi participants while driving adoption of the parent protocol's tools.
The bounty structure (rewarding successful migrations >60% of presale target) creates measurable success criteria and aligns incentives between recovery facilitators and affected communities.
## Relationship to KB
- [[futardio]] - governance decision funding product development
- [[MetaDAO]] - futarchy infrastructure provider
- [[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

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@ -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
- **2024-06-14** — [[futardio-fund-rug-bounty-program]] passed: Approved $5,000 USDC funding for RugBounty.xyz platform development to help communities recover from rug pulls through bounty-incentivized token migrations
## 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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---
type: entity
entity_type: company
name: "FutureDAO"
domain: internet-finance
status: active
founded: 2024
platform: "Solana"
parent_org: "MetaDAO"
key_metrics:
governance: "futarchy via MetaDAO infrastructure"
product: "Future Protocol token migration tools"
tracked_by: rio
created: 2026-03-11
---
# FutureDAO
## Overview
FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure. The organization builds the Future Protocol, which provides on-chain token migration tools to help communities affected by rug pulls recover and restore value. FutureDAO positions itself as Solana's Emergency Response Team (S.E.R.T.).
## Timeline
- **2024-06-14** — [[futuredao-fund-rug-bounty-program]] proposed: $5,000 USDC budget for Rug Bounty Platform development
- **2024-06-17** — Rug Bounty Program proposal voting ended
- **2024-06-19** — Rug Bounty Program proposal completed and passed
## Relationship to KB
- [[MetaDAO]] — governance infrastructure provider
- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance model
- Product addresses rug pull recovery, a significant problem in crypto communities
## Products
- **Token Migration Tool** — on-chain tool for community takeovers of rugged projects
- **Rug Bounty Program (RugBounty.xyz)** — incentive system for onboarding rugged communities to migration tool
- **$FUTURE token** — governance and utility token for the protocol

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@ -54,7 +54,6 @@ 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
- **2024-06-14** — FutureDAO (MetaDAO-governed project) proposed Rug Bounty Program with $5,000 USDC budget; passed 2024-06-19
## 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: "Source is a futarchy governance proposal for product development funding. Created entity pages for FutureDAO (new organization) and the decision market (proposal entity). No novel claims about futarchy mechanisms — the proposal uses standard MetaDAO Autocrat infrastructure. The rug bounty mechanism itself is a product feature, not a governance innovation. Key contribution is documenting FutureDAO as a MetaDAO-governed project building rug pull recovery tools."
extraction_notes: "Source is a governance proposal for funding product development. Created decision_market entity for the proposal and updated parent Futardio entity timeline. No novel claims about futarchy mechanisms or governance dynamics - this is a straightforward grants proposal. The bounty mechanism itself (incentivizing community onboarding for token migrations) is product-specific, not a generalizable insight about coordination mechanisms. Key facts preserved in source archive for reference."
---
## Proposal Details
@ -187,8 +187,7 @@ For more detailed information, you can visit the FutureDAO [Gitbook](https://fu
## Key Facts
- FutureDAO Rug Bounty Program budget: $5,000 USDC ($3K platform, $1K website, $1K QA, $1K+ operational)
- Rug Bounty success criteria: >60% of original presale target raised in SOL
- FutureDAO positions as 'Solana's Emergency Response Team (S.E.R.T.)'
- Proposal 2 for FutureDAO, passed 2024-06-19 after 3-day voting period
- Autocrat version 0.3 used for governance
- FutureDAO Rug Bounty Program proposal requested $5,000 USDC total budget (2024-06-14)
- Proposal 2 on FutureDAO passed 2024-06-17, completed 2024-06-19
- RugBounty.xyz defines successful migration as raising >60% of presale target in SOL
- Budget breakdown: $3K platform dev, $1K website, $1K QA, $1K+ operational costs