extract: metadao-proposals-1-through-15 #1893

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# 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

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@ -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. 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.

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@ -5,10 +5,14 @@ title: "MetaDAO Proposals 1-15 — Full Proposal Text"
date: 2026-03-23 date: 2026-03-23
domain: internet-finance domain: internet-finance
format: governance-document format: governance-document
status: unprocessed status: processed
proposed_by: "@m3taversal" proposed_by: "@m3taversal"
contribution_type: research-direction contribution_type: research-direction
tags: [metadao, governance, proposals, decision-markets] 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?** **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. 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 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