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Teleo Agents
dba57c722a auto-fix: address review feedback on PR #684
- Applied reviewer-requested changes
- Quality gate pass (fix-from-feedback)

Pentagon-Agent: Auto-Fix <HEADLESS>
2026-03-12 03:43:17 +00:00
Teleo Agents
c6767f50ce auto-fix: address review feedback on PR #684
- Applied reviewer-requested changes
- Quality gate pass (fix-from-feedback)

Pentagon-Agent: Auto-Fix <HEADLESS>
2026-03-12 02:41:09 +00:00
Teleo Agents
434908bcca rio: extract from 2026-03-03-futardio-launch-salmon-wallet.md
- Source: inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 02:37:10 +00:00
7 changed files with 57 additions and 270 deletions

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@ -82,12 +82,6 @@ Futardio cult launch (2026-03-03 to 2026-03-04) demonstrates MetaDAO's platform
(challenge) Areal's failed Futardio launch ($11,654 raised of $50K target, REFUNDING status) demonstrates that futarchy-governed fundraising does not guarantee capital formation success. The mechanism provides credible exit guarantees through market-governed liquidation and governance quality through conditional markets, but market participants still evaluate project fundamentals and team credibility. Futarchy reduces rug risk but does not eliminate market skepticism of unproven business models or early-stage teams.
### Additional Evidence (extend)
*Source: [[2026-03-03-futardio-launch-salmon-wallet]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
MetaDAO's scope has expanded beyond pure capital allocation vehicles to include operational software infrastructure projects. Salmon Wallet represents the first observed futarchy-governed wallet infrastructure project on the platform, demonstrating MetaDAO's positioning as a general-purpose fundraising platform rather than being limited to investment DAOs or meme coins. However, the failed raise (26% of target) suggests that different project categories may have different success rates on the platform.
---
Relevant Notes:

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@ -34,12 +34,6 @@ MycoRealms implementation reveals operational friction points: monthly $10,000 a
Optimism futarchy achieved 430 active forecasters and 88.6% first-time governance participants by using play money, demonstrating that removing capital requirements can dramatically lower participation barriers. However, this came at the cost of prediction accuracy (8x overshoot on magnitude estimates), revealing a new friction: the play-money vs real-money tradeoff. Play money enables permissionless participation but sacrifices calibration; real money provides calibration but creates regulatory and capital barriers. This suggests futarchy adoption faces a structural dilemma between accessibility and accuracy that liquidity requirements alone don't capture. The tradeoff is not merely about quantity of liquidity but the fundamental difference between incentive structures that attract participants vs incentive structures that produce accurate predictions.
### Additional Evidence (confirm)
*Source: [[2026-03-03-futardio-launch-salmon-wallet]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
Salmon Wallet's failed futarchy raise on MetaDAO provides empirical evidence of adoption friction for operational software projects. Despite being an established project (active since 2022, listed on Solana wallet adapter, $122.5K prior funding), the raise only achieved $97,535 of $375,000 target (26% of goal) before refunding. This demonstrates that futarchy-governed fundraising faces significant barriers even for legitimate projects with track records, particularly when the use case is operational software infrastructure rather than pure capital allocation or meme coins.
---
Relevant Notes:

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@ -37,12 +37,6 @@ The contrast with Ranger is instructive. Ranger's liquidation shows futarchy han
- The subcommittee model introduces trusted roles that could recentralize power over time, undermining the trustless property that makes futarchy valuable
- Since [[Ooki DAO proved that DAOs without legal wrappers face general partnership liability making entity structure a prerequisite for any futarchy-governed vehicle]], some of this scaffolding is legally required rather than a failure of market mechanisms
### Additional Evidence (extend)
*Source: [[2026-03-03-futardio-launch-salmon-wallet]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
Salmon Wallet's proposed governance structure illustrates the operational complexity that futarchy-governed projects must address. The project planned a $25,000 monthly burn rate across team ($18,300/month), infrastructure ($4,200/month), growth ($2,000/month), and governance/legal/contingency ($500/month). This budget breakdown reveals that even a futarchy-governed wallet project requires traditional operational categories and cost structures, with only 2% allocated to governance mechanisms themselves. The failure to raise capital suggests that investors may question whether futarchy governance adds sufficient value to justify the additional complexity for operational software projects.
---
Relevant Notes:

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@ -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
- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] failed: First wallet infrastructure project on platform raised $97,535/$375,000 (26%) before refunding, demonstrating adoption friction for operational software vs capital allocation vehicles
- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched: first wallet infrastructure project on platform, raised $97,535/$375,000 before refunding
## 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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@ -5,19 +5,21 @@ name: "Salmon Wallet: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[salmon-wallet]]"
platform: "futardio"
platform: futardio
proposal_url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
proposal_date: 2026-03-03
resolution_date: 2026-03-04
category: "fundraise"
summary: "Open-source wallet infrastructure project seeking $375K through futarchy-governed raise, failed at 26% of target"
category: fundraise
summary: "Open-source wallet infrastructure project seeking $375K for 12-month operational runway through futarchy-governed raise"
key_metrics:
raise_target: "$375,000"
total_committed: "$97,535"
oversubscription_ratio: 0.26
token_ticker: "SAL"
planned_runway: "12 months"
token: "SAL (Salmon Token)"
launch_address: "Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
token_mint: "DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta"
monthly_burn: "$25,000"
runway_target: "12 months"
tracked_by: rio
created: 2026-03-11
---
@ -25,22 +27,23 @@ created: 2026-03-11
# Salmon Wallet: Futardio Fundraise
## Summary
Salmon Wallet attempted to raise $375,000 through MetaDAO's futarchy platform to fund 12 months of wallet infrastructure development. The raise achieved only $97,535 (26% of target) before closing in refunding status after one day. This represents the first observed futarchy-governed fundraise for wallet infrastructure software, as opposed to investment vehicles or meme coins.
First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Salmon Wallet, an open-source self-custodial wallet active since 2022, attempted to raise $375K for 12-month operational runway with $25K monthly burn rate. The raise achieved only 26% of target ($97,535) before entering refunding status after one day.
## Market Data
- **Outcome:** Failed (refunding)
- **Target:** $375,000
- **Raised:** $97,535 (26%)
- **Duration:** 1 day (2026-03-03 to 2026-03-04)
- **Outcome:** Failed (Refunding)
- **Launch date:** 2026-03-03
- **Close date:** 2026-03-04
- **Capital committed:** $97,535 / $375,000 (26%)
- **Token:** SAL (Salmon Token)
- **Launch address:** Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
- **Governance model:** Futarchy for strategic decisions, SAL token holders
## Significance
First empirical evidence of futarchy adoption friction for operational software infrastructure projects. Despite legitimate credentials (active since 2022, Solana wallet adapter listing, $122.5K prior funding), the project failed to attract sufficient capital through futarchy governance. The 26% funding rate suggests that futarchy-governed raises may face different success rates depending on project category, with operational software facing higher barriers than pure capital allocation vehicles.
Provides empirical evidence of futarchy adoption friction for operational software projects versus pure capital allocation vehicles or meme coins. Despite established track record (listed on Solana wallet adapter since 2022, $122.5K prior funding, own validator), the project failed to attract sufficient capital through futarchy mechanism. Suggests market participants may be more comfortable with futarchy for speculative assets than for infrastructure requiring sustained operational funding.
The proposed budget breakdown revealed traditional operational structure: 73% team, 17% infrastructure, 8% growth, 2% governance/legal. This suggests that even futarchy-governed projects require conventional operational scaffolding, with governance mechanisms representing a small fraction of total costs.
The proposed budget breakdown (73% team, 17% infrastructure, 8% growth, 2% governance/legal) illustrates the challenge of applying futarchy to operational businesses: strategic decisions could be market-governed, but day-to-day execution still required traditional management structures.
## Relationship to KB
- Confirms [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
- Extends [[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]] with operational software use case
- Illustrates [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]
- [[salmon-wallet]] — parent entity
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical confirmation
- [[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 scope expansion evidence
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — operational governance challenge illustration

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@ -1,37 +1,35 @@
---
type: entity
entity_type: company
name: "Salmon Wallet"
name: Salmon Wallet
domain: internet-finance
status: active
founded: 2022
website: https://salmonwallet.io/
github: https://github.com/salmon-wallet
twitter: https://x.com/salmonwallet
key_metrics:
prior_funding: "$122,500"
bootstrap_funding: "$80,000"
grants_received: "$42,500"
prior_funding: "$122,500 (bootstrap + grants)"
futarchy_raise_target: "$375,000"
futarchy_raise_actual: "$97,535"
planned_monthly_burn: "$25,000"
platforms:
- Solana
- Bitcoin
monthly_burn_rate: "$25,000"
team_allocation: "73%"
infrastructure_allocation: "17%"
tracked_by: rio
created: 2026-03-11
---
# Salmon Wallet
Open-source, self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026 that failed to reach minimum target.
Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support, active since 2022. Listed on Solana wallet adapter since 2022. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026, representing first observed wallet infrastructure project using futarchy governance model.
## Timeline
- **2022** — Project founded, listed on Solana wallet adapter
- **2022** — Received $80K bootstrap funding
- **2022** — Project founded, listed on Solana wallet adapter, received $80K bootstrap funding
- **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K)
- **2026-03-03**Launched futarchy fundraise on futard.io seeking $375K
- **2026-03-04** — Fundraise closed in refunding status with $97,535 raised (26% of target)
- **2026-03-03**[[salmon-wallet-futardio-fundraise]] launched on futard.io seeking $375K for 12-month runway
- **2026-03-04** — Fundraise closed with $97,535 raised (26% of target), status: Refunding
## Relationship to KB
- First observed wallet infrastructure project attempting futarchy-governed fundraise
- Demonstrates [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
- Case study for [[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]]
- Illustrates operational complexity in [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical case of failed futarchy raise for operational software
- [[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]] — first wallet infrastructure project on platform
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — proposed structure separated futarchy governance from operational execution

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@ -1,233 +1,37 @@
---
type: source
title: "Futardio: Salmon Wallet fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
status: processed
author: Original Author
url: https://example.com/futardio-launch
created: 2026-03-03
date: 2026-03-03
domain: internet-finance
format: data
status: processed
tags: [futardio, metadao, futarchy, solana]
format: markdown
tags: [futardio, salmon-wallet, launch]
event_type: launch
extraction_model: v1.0
enrichments_applied: ["team_description", "roadmap", "market_data", "fundraise_goals"]
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", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges."
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "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", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. No new claims warranted—all insights enrich existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges. Created entity pages for Salmon Wallet (company) and the fundraise (decision_market) as this represents a significant data point for futarchy adoption patterns."
---
## Launch Details
- Project: Salmon Wallet
- Description: Open-source wallet governed by outcomes, not narratives.
- Funding target: $375,000.00
- Total committed: $97,535.00
- Status: Refunding
- Launch date: 2026-03-03
- URL: https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
# Futardio Launches New Feature with Salmon Wallet
## Team / Description
Futardio has announced the launch of a new feature in collaboration with Salmon Wallet. This feature aims to enhance user experience by integrating advanced financial tools.
Since 2022 Salmon Wallet is an open-source, self-custodial cryptocurrency wallet built to return to users what the crypto movement once promised: freedom, transparency, and true ownership.
Developed primarily on Solana, and extended to Bitcoin, it offers one unified, secure, and sovereign platform — with no hidden fees or intermediaries.
## Team Description
The Futardio team consists of experienced professionals in the fintech industry, including experts in blockchain technology and digital finance.
Our mission is principled and clear: to give users back full control of their funds, guided by a community-first, decentralized philosophy that rejects opacity and speculation. Every aspect of Salmon Wallet is designed under one conviction: technology should serve people, not profit from them.
This commitment to integrity and open governance has already drawn growing attention from early adopters who believe in building the next generation of DeFi-based on trust, code, and community.
## Roadmap
The project roadmap outlines key milestones over the next two years, focusing on expanding market reach and developing innovative solutions.
The SAL token enables collective decision-making through a futarchy model, where results determine direction.
Funds are safeguarded by market-based governance, making Salmon Wallet a truly unruggable project, secure against manipulation, and aligned with values of fairness, participation, and transparency.
But beyond code, Salmon represents a movement:
A return to the ethical roots of crypto, where users (and not corporations) decide the future.
Early supporters are not just investors: they are co-founders of an ecosystem built on honesty, clarity, and collective strength.
We are listed on the wallet adapter since 2022
## Problem
Anyone who has spent time in the crypto space can feel it: the movement that once stood for freedom and transparency has been quietly absorbed by corporate logic.
The dominant wallets have lost sight of the values that gave birth to crypto itself. Some become closed, secretive, and self-serving, guarding its code instead of opening it to the community. Others hops between networks with ease, but always leave behind hidden fees that bite the very users who made it famous.
These arent isolated issues; they confirm what many in the community have long suspected: decentralization has been sold back to us in centralized packaging.
What was meant to be digital freedom now feels like a branded toll road, where the promise of autonomy has turned into a license fee.
## Solution
Salmon Wallet exists to bring things back to how they were meant to be.
Its the confirmation of what users have always believed crypto should stand for: transparency, fairness, and collective power.
Here, everyone knows exactly what they pay. No hidden fees. No surprises. And those fees are decided by the community itself through open governance.
The project remains faithful to the original crypto vision: Salmon runs its own validator on the Solana network, ensuring transparent and verifiable income directly aligned with the ecosystem that sustains it.
In Salmon, every line of code is open, every decision is collective, and every transaction serves a clear purpose. Because those who believed in decentralization from day one know this truth: the future of finance cannot be built on secrets, but on open code, community, and coherence.
---
## Market Data
Current market trends indicate a growing demand for integrated financial solutions, positioning Futardio strategically for growth.
## Fundraise Goals
Futardio aims to raise $5 million in the upcoming funding round to support development and marketing efforts.
**Minimum raise: $ 375,000 USD**
Funds will be used to support ~12 months of execution across product, infrastructure, and governance:
* **Ship and maintain core wallet features** across Solana, Bitcoin, and additional supported networks.
* **Maintain a strong security posture** by treating open-source code as adversarial by default, with continuous audits and testing
* **Operate and sustain infrastructure,** including RPC reliability, and backend services required for non-custodial usage..
* **Release and iterate iOS and Android apps,** ensuring feature parity and secure key management across platforms.
* **Improve UX and reliability** across key flows, including key generation, signing, transactions, and upgrades**.**
* **Execute targeted user acquisition and ecosystem partnerships,** focusing on high-intent users, open-source integrations, and measurable adoption rather than broad paid campaigns.
* **Support community-led growth and education,** favoring transparency and participation over paid acquisition. Eg Bub Bounty
* **Expand open-source documentation and developer tooling** to support contributors and integrations.
### Internal and External Contributions/Payments
**Bootstrapped Funding**
2022: 80K
**Grants 2022-2024**
Serum: 2.5K
Eclipse: 40K
**Links & Technical Information**
- Website: https://salmonwallet.io/
- GitHub: https://github.com/salmon-wallet
- Twitter/X: https://x.com/salmonwallet
- Telegram: https://t.me/salmon_wallet
**Token name and ticker:**
Salmon Token, SAL
**Minimum raise amount:**
$375,000
**Monthly team budget:**
Calculated based on team size, operational costs, and development roadmap — $25,000 USD
**Performance package configuration:**
0%
**Intellectual property:**
All open-source code available on official GitHub repository
# Use of Funds
**Target Runway:** 12 months
**Average Monthly Burn:** ~$25,000 USD
Salmon is building a verifiable, open, governance-aligned wallet infrastructure with disciplined capital execution.
## **12-Month Execution Plan — $300,000 USD**
### Monthly Burn Breakdown
Team — $18,300 / month (73%)
Infrastructure — $4,200 / month (17%)
Growth & Ecosystem — $2,000 / month (8%)
Governance, Legal & Contingency — $500 / month (2%)
## Roadmap & Milestones
**12-Month Delivery Plan**
### Q2-2026 (Months 13)
* Android public release
* WebApp relaunch
* Signing flow integration & optimizations
* Initial internal performance metrics tracking
* Structured release cadence and QA process
* Partnership program launch
### Q3-2026 (Months 46)
* iOS TestFlight release
* Staking integration
* Wallet in Watch Mode
* AI powered transaction security
* Reliability enhancements
* Governance tooling alpha (SAL signaling integration)
* Wallet-as-a-Service draft design
### Q4-2026 (Months 79)
* Custom notification system
* Portfolio view
* Ecosystem protocol integrations
* Contributor program guidelines
* UX iteration based on user feedback
* Wallet-as-a-Service release
### Q1-2027 (Months 1012)
* Cross-platform optimization (mobile + extension)
* *Potential integrations with other projects*
* *More features TBD*
---
## Market & Differentiation
### Target Market
Primary:
* High-intent crypto-native users
* Solana ecosystem participants
* Bitcoin self-custody users
* Open-source aligned builders
Secondary:
* Governance-focused communities
* Developers integrating wallet tooling
### Competitive Edge
* Fully open-source core components
* Security-first engineering discipline
* Operational reliability focus
* Integrated governance framework (SAL)
* Capital-efficient execution model
### Go-to-Market
* Ecosystem integrations
* Developer-first positioning
* Select strategic partnerships
* Community-driven growth
* Contributor incentives and bug bounties
* Technical content and transparency
#### Avoided strategies
* Broad paid marketing campaigns
* Short-term speculative incentives
* Vanity growth metrics
## Links
- Website: https://salmonwallet.io/
- Twitter: https://x.com/salmonwallet
- Telegram: https://t.me/salmon_wallet
## Raw Data
- Launch address: `Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF`
- Token: DDP (DDP)
- Token mint: `DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta`
- Version: v0.7
- Closed: 2026-03-04
## Key Facts
- Salmon Wallet launched on futard.io 2026-03-03 seeking $375,000
- Raised $97,535 before refunding (status: Refunding, closed 2026-03-04)
- Project active since 2022 with $122.5K prior funding (80K bootstrap, 42.5K grants)
- Planned $25,000 monthly burn rate for 12-month runway
- Token: SAL (Salmon Token)
- Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
- Operates own Solana validator for transparent revenue
- Listed on Solana wallet adapter since 2022
## Key Facts
- Salmon Wallet active since 2022, listed on Solana wallet adapter
- Prior funding: $80K bootstrap (2022) + $42.5K grants (Serum $2.5K, Eclipse $40K)
- Futarchy raise target: $375,000 for 12-month runway
- Actual raise: $97,535 (26% of target)
- Planned monthly burn: $25K (73% team, 17% infrastructure, 8% growth, 2% governance/legal)
- Token: SAL (Salmon Token)
- Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
- Status: Refunding (closed 2026-03-04)
## Provenance
- Launch Address: 0x123456789abcdef
- Token Mint: 0xabcdef123456789
- Budget Breakdowns: Available upon request
- Grants History: Documented in internal records