diff --git a/decisions/internet-finance/metadao-proposal-1-lst-vote-market.md b/decisions/internet-finance/metadao-proposal-1-lst-vote-market.md new file mode 100644 index 000000000..80c57af0f --- /dev/null +++ b/decisions/internet-finance/metadao-proposal-1-lst-vote-market.md @@ -0,0 +1,35 @@ +# MetaDAO Proposal 1: Develop a LST Vote Market? + +**Date:** 2026-03-23 +**Status:** Passed +**Category:** Strategy / Product Development +**Parent Entity:** [[metadao]] + +## Overview + +Proposal to develop an LST (Liquid Staking Token) bribe platform as the first profit-turning product under the Meta-DAO umbrella. The proposal frames this as a legitimacy-building strategy for the fundamentally new organizational model. + +## Rationale + +The proposer argues that Meta-DAO lacks legitimacy as a fundamentally new kind of organization and needs to prove the model works. The proposed approach is building profit-turning products rather than other legitimacy strategies. + +## Proposed Product + +An LST bribe platform that would: +- Allow MNDE and mSOL holders to earn extra yield +- Enable holders to direct their stake to validators who pay them +- Compete with existing bribe markets + +## Strategic Context + +This represents Meta-DAO's first attempt to establish organizational legitimacy through revenue-generating products rather than governance innovation alone. The proposal explicitly positions product success as the primary legitimacy mechanism. + +## Outcome + +Passed with unspecified volume. + +## Related + +- [[metadao]] +- Legitimacy through product-market fit strategy +- LST governance markets \ No newline at end of file diff --git a/domains/internet-finance/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 b/domains/internet-finance/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 index bd8ee3f59..5e71e0dfd 100644 --- a/domains/internet-finance/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 +++ b/domains/internet-finance/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 @@ -222,6 +222,12 @@ p2p.me is launching via MetaDAO's platform, with Shayon Sengupta (Multicoin part P2P.me ICO on MetaDAO attracted public investment theses from three venture investors (Multicoin's Shay Sengupta, Moonrock Capital's SJ Dedic, and ex-Solana Foundation's Kuleen Nimkar) who competed alongside retail for allocation, demonstrating institutional validation of the futarchy-governed ICO model. The announcement notes 'More funds are rolling in to compete for an allocation alongside retail' suggesting competitive dynamics rather than preferential access. +### Additional Evidence (confirm) +*Source: [[metadao-proposals-1-through-15]] | Added: 2026-03-25* + +Proposal 1 explicitly frames MetaDAO's legitimacy strategy as 'building profit-turning products under the Meta-DAO umbrella' with the LST bribe platform as the first product. This confirms MetaDAO's positioning as a platform for launching futarchy-governed projects, not just a single DAO. + + diff --git a/inbox/queue/metadao-proposals-1-through-15.md b/inbox/queue/metadao-proposals-1-through-15.md index b72b7f427..d181eecb8 100644 --- a/inbox/queue/metadao-proposals-1-through-15.md +++ b/inbox/queue/metadao-proposals-1-through-15.md @@ -5,10 +5,14 @@ title: "MetaDAO Proposals 1-15 — Full Proposal Text" date: 2026-03-23 domain: internet-finance format: governance-document -status: unprocessed +status: processed proposed_by: "@m3taversal" contribution_type: research-direction tags: [metadao, governance, proposals, decision-markets] +processed_by: rio +processed_date: 2026-03-25 +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"] +extraction_model: "anthropic/claude-sonnet-4.5" --- **Proposal 1: Develop a LST Vote Market?** @@ -26,3 +30,10 @@ The Meta-DAO is awakening. Given that the Meta-DAO is a fundamentally new kind of organization, it lacks legitimacy. To gain legitimacy, we need to first *prove that the model works*. I believe that the best way to do that is by building profit-turning products under the Meta-DAO umbrella. Here, we propose the first one: an[[ LST bribe platform]{.underline}](https://twitter.com/durdenwannabe/status/1683150792843464711). This platform would allow MNDE and mSOL holders to earn extra yield by[[ directing their stake]{.underline}](https://docs.marinade.finance/marinade-products/directed-stake#snapshot-system) to validators who pay them. A bribe market already exists, but it\s + + +## Key Facts +- MetaDAO Proposal 1 passed with unspecified volume +- Proposal 1 targeted MNDE and mSOL holders for LST bribe platform +- A bribe market already existed at time of proposal +- Proposal explicitly framed legitimacy as requiring proof that the model works through profit-turning products