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23bf82df23 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 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 08:09:49 +00:00
4 changed files with 31 additions and 27 deletions

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@ -5,13 +5,13 @@ name: "coal: Cut emissions by 50%?"
domain: internet-finance
status: passed
parent_entity: "[[coal]]"
platform: futardio
proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy"
proposal_date: 2024-11-13
resolution_date: 2024-11-17
category: mechanism
summary: "Proposal to cut coal token emission rate by 50% and establish bi-monthly futarchy governance for future emission adjustments"
category: "mechanism"
summary: "Halved coal token emission rate from 15.625 to 7.8125 per minute and established bi-monthly futarchy markets for ongoing emission adjustments"
tracked_by: rio
created: 2026-03-11
---
@ -19,18 +19,23 @@ created: 2026-03-11
# coal: Cut emissions by 50%?
## Summary
Proposal to reduce coal's token emission rate from 15.625 to 7.8125 per minute (50% reduction), moving from a fixed halving schedule to bi-monthly futarchy-governed adjustments. The original emission schedule was described as a temporary framework never intended as a long-term solution. Under the previous schedule, emissions halved with each 5% increase in circulating supply, resulting in ~110% annual inflation at the time of the proposal.
This proposal reduced the coal token emission rate from 15.625 to 7.8125 tokens per minute, effectively halving the target emissions and reducing annual inflation from ~110% to ~56%. The proposal also established bi-monthly decision markets as the ongoing governance mechanism for emission rate adjustments, replacing the original fixed halving schedule that was explicitly described as a temporary framework.
## Market Data
- **Outcome:** Passed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Resolution:** 2024-11-17 (4 days after proposal)
- **Proposal Account:** 6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy
- **DAO Account:** 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- **Autocrat Version:** 0.3
- **Created:** 2024-11-13
- **Completed:** 2024-11-17
## Significance
This proposal represents a shift from algorithmic to market-governed token emissions. Rather than following a pre-programmed halving schedule, coal established recurring decision markets (every two months) to adjust emission rates based on market conditions. This makes token supply policy responsive to actual market dynamics rather than predetermined curves. The proposal explicitly acknowledged the original schedule was temporary, suggesting planned evolution toward more adaptive governance.
This proposal demonstrates dynamic emission governance through futarchy in production. Rather than following a predetermined halving schedule, the coal project transitioned to market-governed emission adjustments with bi-monthly decision markets. This represents a shift from algorithmic emission schedules to continuous market-based calibration, where token holders use conditional markets to optimize inflation rates based on current conditions rather than fixed rules.
The proposal explicitly acknowledged that the original emission schedule "was never intended to be a long-term solution," establishing futarchy as the permanent governance mechanism for monetary policy.
## Relationship to KB
- [[coal]] — parent entity
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] — implements this mechanism
- [[futardio]] — governance platform
- [[futardio]] - platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - mechanism demonstrated
- [[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]] - implementation

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@ -1,23 +1,24 @@
---
type: entity
entity_type: company
name: coal
name: "coal"
domain: internet-finance
status: active
platform: metadao
platform: solana
governance: futarchy
tracked_by: rio
created: 2026-03-11
---
# coal
A MetaDAO project using futarchy-governed token emissions. Coal replaced its fixed halving schedule with bi-monthly decision markets to adjust emission rates dynamically based on market conditions.
## Overview
coal is a Solana-based token project governed through futarchy on the Futardio platform. The project uses bi-monthly decision markets to adjust its token emission rate, having transitioned from a fixed halving schedule to continuous market-based monetary policy governance.
## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute, establish bi-monthly decision markets for future adjustments
- **2024-11-17** — Emissions reduction proposal passed, cutting target rate by 50% and establishing recurring governance for emission schedule
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 tokens/minute
- **2024-11-17** - Emission reduction proposal passed, establishing bi-monthly futarchy markets for ongoing emission adjustments
## Relationship to KB
- [[MetaDAO]] — launched on MetaDAO platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] — implements futarchy-governed emissions
- [[futardio]] — governance platform used
- [[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 mechanism

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@ -46,7 +46,6 @@ 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
- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed on platform: first known case of futarchy-governed token emission schedule adjustments
## 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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@ -11,9 +11,9 @@ tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution.md", "MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions.md"]
enrichments_applied: ["dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution.md", "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.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Source is a futarchy governance proposal for token emission schedule changes. Primary extraction is entity data (new project + decision market entity). Two enrichments: extends the dynamic emissions claim with concrete implementation example, confirms the limited trading volume pattern for uncontested decisions. No new claims warranted — the mechanism insight (futarchy-governed emissions) already exists in KB, this is just a new implementation case."
extraction_notes: "Source is a futarchy governance proposal for the coal token project. Primary extraction is two entity files: the decision_market entity for the proposal itself, and a new company entity for coal. Two enrichments added: one extending the dynamic emission minting claim with production evidence of bi-monthly futarchy-governed emission adjustments, and one confirming the Autocrat implementation claim with additional v0.3 deployment data. No new claims extracted because the core insight (futarchy-governed dynamic emissions) is already captured in existing claims. The AI-generated summary section was ignored per entity extraction rules."
---
## Proposal Details
@ -74,9 +74,8 @@ 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
- Proposal reduced target to 7.8125 per minute (11,250 per day), ~56% annual inflation
- Original schedule: emissions halved with each 5% increase in circulating supply
- Next halving under old schedule would have occurred at 7,350,000 circulating supply
- Proposal established bi-monthly decision markets for future emission rate adjustments
- Proposal passed 2024-11-17, 4 days after creation
- coal emission rate reduced from 15.625 to 7.8125 tokens per minute (2024-11-17)
- coal annual inflation reduced from ~110% to ~56% through emission cut
- coal circulating supply was 7,350,000 at time of proposal
- coal original emission schedule included six halvings before this proposal
- coal proposal used Autocrat v0.3 on Futardio platform