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@ -11,7 +11,7 @@ proposal_url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axy
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proposal_date: 2024-06-08
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resolution_date: 2024-06-11
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category: "grants"
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summary: "Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 students with target 5% FDV increase"
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summary: "Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 students with projected 5% FDV increase"
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tracked_by: rio
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created: 2026-03-11
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---
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@ -19,23 +19,22 @@ created: 2026-03-11
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# IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
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## Summary
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Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal targeted a 5% increase in The Dean's List DAO's fully diluted valuation ($5,783 increase from $115,655 baseline) over a 5-day trading period as the success condition. The proposal passed, completing on 2024-06-11.
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Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal argued this would strengthen partnership, attract skilled talent, and increase DAO governance participation. Success condition required 5% increase in The Dean's List DAO's fully diluted valuation ($115,655 baseline) over a 5-day trading period.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Trading Period:** 5 days (2024-06-08 to 2024-06-11)
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- **Token Allocation:** 1,000,000 $DEAN (~$1,300 USDC)
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- **Target FDV Impact:** 5% increase ($5,783)
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- **Target FDV Increase:** $5,783 (5% of $115,655)
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- **Projected ROI:** $4.45 benefit per dollar spent
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- **Target Participants:** 200 University of Waterloo Blockchain Club students
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## Significance
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This proposal demonstrates futarchy-governed grant allocation with explicit ROI modeling. The proposal calculated that each of 200 students needed to contribute activities increasing FDV by $28.915 to meet the 5% threshold. The justification framed university partnership as talent pipeline investment rather than pure marketing spend, with tokens held in multi-signature wallet for "secure and responsible management."
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This proposal demonstrates futarchy-governed grant allocation where partnership value is measured through token price impact rather than subjective evaluation. The proposal explicitly modeled expected FDV increase per student ($28.915 average) and required market validation of the partnership's value through conditional token trading. The pass outcome indicates market belief that 200 university blockchain club members would generate sufficient engagement, development, and promotion to increase DAO valuation by more than the grant cost.
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The proposal's economic model explicitly tied grant spending to measurable FDV impact, creating accountability through conditional market resolution. This represents an attempt to apply futarchy's market-based decision-making to community development and talent acquisition spending.
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The proposal also illustrates how futarchy handles cultural/community spending by treating brand equity and talent pipeline as quantifiable token price inputs rather than unmeasurable soft benefits.
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## Relationship to KB
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- [[deans-list]] - parent DAO making the grant decision
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- [[futardio]] - platform hosting the decision market
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- [[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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- [[deans-list]] - parent organization governance decision
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- [[futardio]] - platform used for futarchy implementation
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- [[futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs]] - mechanism demonstrated
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