Compare commits

..

1 commit

Author SHA1 Message Date
Teleo Agents
3081c2875e rio: extract from 2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 15:42:30 +00:00
3 changed files with 20 additions and 20 deletions

View file

@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQp
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: "mechanism"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments"
summary: "Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute, halving inflation from 110% to 56% annually"
tracked_by: rio
created: 2026-03-11
---
@ -19,7 +19,7 @@ created: 2026-03-11
# Coal: Cut emissions by 50%?
## Summary
Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from ~110% to ~56%. The proposal also establishes a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
Proposal to reduce Coal's token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), effectively halving the annual inflation rate from approximately 110% to 56%. The proposal also establishes bi-monthly decision markets for future emission rate adjustments, replacing the original temporary halving schedule that was never intended as a long-term solution.
## Market Data
- **Outcome:** Passed
@ -27,14 +27,14 @@ Proposal to halve the Coal token emission rate from 15.625 to 7.8125 per minute
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
- **Proposal Number:** 1
- **Autocrat Version:** 0.3
## Mechanism Details
The original emission schedule implemented automatic halvings with each 5% increase in circulating supply. After six halvings, the emission target reached 15.625 per minute. The next scheduled halving would have occurred at 7,350,000 circulating supply. This proposal decouples emission changes from supply milestones and instead implements governance-driven adjustments through bi-monthly futarchy markets.
## Significance
This represents Coal's transition from a fixed algorithmic emission schedule to futarchy-governed monetary policy. The original schedule called for halvings at each 5% increase in circulating supply, but this was explicitly temporary. By moving to bi-monthly decision markets, Coal is implementing dynamic, market-driven token economics rather than predetermined rules. The proposal passed, indicating market confidence in both the immediate emission reduction and the governance framework shift.
The 50% emission cut addresses the ~110% annual inflation rate that resulted from six previous halvings under the original schedule. The next scheduled halving would have occurred at 7.35M circulating supply; this proposal accelerates that reduction and establishes ongoing governance rather than waiting for supply thresholds.
This represents Coal's transition from algorithmic to governance-driven tokenomics. By establishing recurring decision markets for emission adjustments, the project demonstrates futarchy applied to monetary policy parameters. The proposal explicitly acknowledges the original schedule was temporary, suggesting iterative governance refinement rather than fixed protocol rules.
## Relationship to KB
- [[futardio]] - governance platform
- [[coal]] - parent entity governance decision
- [[futardio]] - platform hosting the decision market
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related mechanism pattern
- [[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]] - underlying governance mechanism

View file

@ -4,8 +4,6 @@ entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: solana
governance: futarchy
tracked_by: rio
created: 2026-03-11
---
@ -13,12 +11,13 @@ created: 2026-03-11
# Coal
## Overview
Coal is a futarchy-governed token project on Solana using dynamic emission rate adjustments through bi-monthly decision markets. Originally launched with an algorithmic halving schedule (emission rate halving at each 5% circulating supply increase), Coal transitioned to market-governed monetary policy in November 2024. The project uses [[futardio]] for governance decisions.
Coal is a futarchy-governed token project on Solana using emission rate adjustments as a governance testing ground. The project implements bi-monthly decision markets to determine token emission parameters, transitioning from algorithmic supply schedules to market-driven monetary policy.
## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly futarchy governance for monetary policy
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** - [[coal-cut-emissions-by-50]] passed: emission rate halved, establishing bi-monthly governance cycle
## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance model
- [[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]] - underlying mechanism
- [[MetaDAO]] - futarchy infrastructure provider
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - related tokenomics pattern

View file

@ -12,7 +12,7 @@ event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Factual governance proposal with no novel mechanism insights. The transition from algorithmic to futarchy-governed emissions is already covered by existing claims on dynamic token minting. Created entity files for Coal project and the specific decision market. No new claims warranted - this is implementation of known patterns, not new theory."
extraction_notes: "Factual governance proposal with no novel claims. Creates decision_market entity and parent Coal entity. The emission adjustment mechanism itself is covered by existing dynamic minting claim. No trading volume data provided despite futarchy implementation."
---
## Proposal Details
@ -73,8 +73,9 @@ A follow-up decision market will be held in early January, approximately two mon
## Key Facts
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation (2024-11-13)
- Coal had undergone six halvings under original schedule before this proposal (2024-11-13)
- Next scheduled halving would occur at 7.35M circulating supply under original rules (2024-11-13)
- Proposal passed 2024-11-17, four days after creation
- Follow-up decision market scheduled for early January 2025 (~2 months after this proposal)
- Coal emission rate was 15.625 per minute (22,500 per day) before proposal, resulting in ~110% annual inflation
- Proposal reduced emission rate to 7.8125 per minute (11,250 per day), targeting ~56% annual inflation
- Original emission schedule implemented automatic halvings every 5% circulating supply increase
- Next scheduled halving would have occurred at 7,350,000 circulating supply
- Proposal passed 2024-11-17 after 4-day market period
- Follow-up decision market scheduled for early January (2-month cycle)