entities/internet-finance/deans-list.md

@@ -1,18 +1,21 @@
 # Dean's List
 
-**Type:** Services DAO with futarchy governance  
+**Type:** Protocol/DAO  
-**Token:** DEAN  
+**Domain:** Internet Finance  
-**Governance:** Futarchy (adopted from MetaDAO)  
 **Status:** Active  
 
 ## Overview
 
-Dean's List is a services DAO that adopted futarchy governance mechanisms from MetaDAO. The protocol uses conditional markets to govern organizational decisions.
+Dean's List is a DAO that was one of the early adopters of MetaDAO's futarchy governance system, alongside Drift and Future.
 
-## Governance Activity
+## Governance
 
-The DAO has executed treasury proposals and buyback models through its futarchy governance system.
+Dean's List uses futarchy for operational decision-making rather than capital formation. Their proposals on the futarchy system have included:
+- Treasury management
+- Liquidity fee changes
+- Website redesigns
+- Economic model tweaks
 
 ## Timeline
 
-- **2026-03-30** — Confirmed as active futarchy-governed services DAO with treasury and buyback governance history
+- **2025-2026** — Early adoption of MetaDAO futarchy governance for operational decisions