entities/internet-finance/solomon-futardio-fundraise.md

@@ -0,0 +1,49 @@
+---
+type: entity
+entity_type: decision_market
+name: "Solomon: Futardio fundraise launch"
+domain: internet-finance
+status: passed
+parent_entity: "[[solomon]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
+proposal_date: 2025-11-14
+resolution_date: 2025-11-18
+category: "fundraise"
+summary: "Solomon raised capital through futarchy-governed ICO on Futardio platform"
+key_metrics:
+  funding_target: "$2,000,000.00"
+  total_committed: "$102,932,673.08"
+  final_raise: "$8,000,000.00"
+  oversubscription_ratio: 51.47
+  token_allocation:
+    metadao_liquidity: "20% of gross"
+    solomon_treasury: "80% of gross"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Solomon: Futardio fundraise launch
+
+## Summary
+Solomon launched a futarchy-governed fundraise on Futardio targeting a minimum of $2M to bootstrap their composable yield-bearing stablecoin USDv. The raise attracted $102.9M in commitments and closed at $8M final raise after 4 days, demonstrating 51x oversubscription.
+
+## Market Data
+- **Outcome:** Passed (closed at $8M)
+- **Platform:** Futardio v0.6
+- **Launch address:** `634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE`
+- **Token:** SOLO (`SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`)
+- **Funding structure:** 20% to MetaDAO for token liquidity, 80% to Solomon DAO treasury
+- **Target range:** $2M minimum, $5-8M ideal
+- **Use of capital:** Treasury deployment (16% APR), liquidity mining, USDv/USDC liquidity, venue fee reduction
+
+## Significance
+This launch demonstrates futarchy-governed fundraising at scale with massive oversubscription. Solomon's stated ideal target of $5-8M (only to be taken if "oversubscribed by orders of magnitude") was met with 51x oversubscription, validating market demand. The raise structure separates capital formation from investment control, with MetaDAO taking 20% for liquidity provisioning while Solomon DAO treasury receives 80% for operational deployment.
+
+Solomon had been running in closed beta with seven figures TVL and weathered market shocks including the October 10th Binance price dislocation with zero incidents, providing operational track record before the public raise.
+
+## Relationship to KB
+- [[solomon]] - fundraising event
+- [[futardio]] - platform used for raise
+- [[metadao]] - receives 20% allocation for liquidity
+- [[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]] - mechanism used

entities/internet-finance/solomon.md

@@ -41,6 +41,7 @@ One of the first successful Futardio launches. Raised $8M through the pro-rata m
 - **2026-02/03** — Lab Notes series (Ranga documenting progress publicly)
 - **2026-03** — Treasury subcommittee proposal (DP-00001) — formalized operational governance
 
+- **2025-11-14** — Launched futarchy-governed fundraise on Futardio targeting $2M minimum, raised $102.9M in commitments, closed at $8M final raise on 2025-11-18
 ## Competitive Position
 Solomon is not primarily a competitive entity — it's an existence proof. It demonstrates that futarchy-governed organizations can raise capital, manage treasuries, and create operational governance structures. The key question is whether the futarchy layer adds genuine value beyond what a normal startup with transparent treasury management would achieve.
 

inbox/archive/2025-11-14-futardio-launch-solomon.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
 date: 2025-11-14
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Futardio launch event for Solomon. Primary extraction is entity data (decision_market for the fundraise + timeline update on Solomon entity). No novel claims - this is a straightforward application of existing futarchy fundraising mechanisms. The 51x oversubscription is notable but represents market demand data rather than a generalizable claim about futarchy adoption. Key product details (USDv mechanics, yield strategy, custody) are factual company information archived as key_facts."
 ---
 
 ## Launch Details
@@ -69,3 +73,13 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
 - Version: v0.6
 - Final raise: $8,000,000.00
 - Closed: 2025-11-18
+
+
+## Key Facts
+- Solomon USDv is a non-rebasing stablecoin that maintains $1 peg via two-way market making
+- Solomon runs basis trade strategy (long spot, short perp) plus T-bills for yield generation
+- Solomon custody is segregated with Ceffu with insurance coverage
+- Solomon Solana programs are audited with admin operations via Squads multisig
+- Solomon had 7-figure TVL in closed beta before public launch
+- Solomon token: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta
+- Over $150B of stablecoin capital sits idle across chains (per Solomon team claims)