inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md

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+---
+type: source
+title: "Futardio: Let's get Futarded."
+author: "futard.io"
+url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA"
+date: 2025-10-15
+domain: internet-finance
+format: data
+status: unprocessed
+tags: [futardio, metadao, futarchy, solana, governance]
+event_type: proposal
+---
+
+## Proposal Details
+- Project: coal
+- Proposal: Let's get Futarded.
+- Status: Passed
+- Created: 2025-10-15
+- URL: https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA
+- Description: $coal is the only futarchy memecoin and, post-Ore transition, the only PoW coin on Solana. If you haven't seen us, check out https://minechain.gg/. 
+
+Let's get Futarded.
+- Discussion: https://discord.com/channels/1003424756080590878/1428068344959078470
+
+## Summary
+
+### 🎯 Key Points
+The proposal aims to onboard $META holders through a one-time airdrop of 420 $coal, increase the total supply of $coal to 25,000,000 to fund a development initiative, and establish a transparent Development Fund for ongoing community and protocol growth.
+
+### 📊 Impact Analysis
+#### 👥 Stakeholder Impact
+Eligible $META holders will receive an airdrop, while the broader community benefits from a dedicated fund for development and marketing initiatives.
+
+#### 📈 Upside Potential
+The proposal could enhance liquidity and support sustainable growth of the $coal ecosystem through increased funding and community involvement.
+
+#### 📉 Risk Factors
+There is a risk of inflation in the $coal supply that could affect its value if not managed properly, alongside potential governance challenges in fund disbursement.
+
+## Content
+
+This proposal does 3 things:
+1/ Onboard META holders: One-time airdrop of 420 $coal to every $META holder (snapshot taken on October 12, 2025).
+2/ Expand Supply for Growth: One-time mint to enable the airdrop, seed a dev fund, and provide initial liquidity.
+3/ Establish a Development Fund: Transparent treasury for ongoing development, community initiatives, and integrations.
+
+Airdrop
+
+Eligibility: All $META holders at snapshot (2,314 wallets) holding at least $100 worth of $META (notional value).
+Amount: 420 $coal per eligible wallet.
+Distribution: Direct airdrop to wallets holding $META at snapshot.
+
+Supply Update
+
+Total supply: 21,000,000 → 25,000,000 $coal (one-time increase of 4,000,000). Breakdown of new $coal: 
+- 971,880 → Airdrop (420 * 2,314 holders)
+- 3,028,120 → Development Fund
+Mining emissions: Unchanged by this proposal.
+
+Development Fund
+
+Purpose:
+- Support protocol development and futarchy experiments
+- Reward community contributions, tooling, and integrations
+- Fund marketing, onboarding, and liquidity seeding
+- Maintain sustainable runway for growth
+
+Guardrails:
+- Manager: DAO treasury
+- Disbursements: up to 30,000 $coal per month, to Grant (lead dev)
+- Transparency: Public ledger of inflows/outflows, monthly forum report, verified addresses
+- Large grants: Any single use of DAO treasury funds, dispersed or not, over 69,000 $coal requires a separate decision market
+
+Liquidity Kickstart
+-An OTC buyer is lined up to purchase a portion of the Dev Fund; proceeds will seed the futarchy AMM and bootstrap $coal liquidity.
+
+**Moving into v.06 DAO governance**
+
+$coal is a real boy now! We will be migrating to a v.06 DAO. This means we will have a DAO treasury, a futarchy AMM, and all the tools to bring minechain to the masses, sustainably. The following parameters will be set for new proposals:
+- TWAP delay: 1 day
+- Minimum liquidity: 1500 USDC, 2000 coal
+- Pass threshold: 100 bps
+- Coal staked: 10,000
+- Proposal length: 3 days
+
+Voting
+
+- YES: Approve snapshot airdrop (420 $coal per $META holder), raise max supply to 25,000,000, and establish the Development Fund with the framework above.
+- NO: Keep current supply; no airdrop, no fund, no liquidity seeding.
+
+## Raw Data
+
+- Proposal account: `6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA`
+- Proposal number: 3
+- DAO account: `3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG`
+- Proposer: `HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC`
+- Autocrat version: 0.3
+- Completed: 2025-10-18
+- Ended: 2025-10-18