entities/internet-finance/isc-stablecoin.md

@@ -0,0 +1,23 @@
+---
+type: entity
+entity_type: company
+name: "ISC (Inflation-Resistant Stablecoin)"
+domain: internet-finance
+status: active
+tracked_by: rio
+created: 2026-03-11
+---
+
+# ISC (Inflation-Resistant Stablecoin)
+
+## Overview
+ISC is a Solana-native stablecoin designed as an inflation-resistant alternative to USD-pegged stablecoins. Unlike traditional stablecoins pegged to $1.00, ISC is collateralized by a diversified basket of financial assets (20% each: cash, commodities, treasuries, bonds, equities) and launched at $1.545 on 2023-03-17. The project positions itself as a hedge against dollar devaluation for DAO treasuries and crypto holders.
+
+## Timeline
+- **2023-03-17** — ISC launched at Solana Hacker House in Ho Chi Minh City at initial price of $1.545
+- **2024-10-30** — ISC team (via @Richard_ISC) proposed MetaDAO allocate $150K treasury to ISC; [[metadao-swap-150k-into-isc]] failed
+- **2024-10-30** — ISC trading at $1.81 (17.2% appreciation from launch price)
+
+## Relationship to KB
+- [[metadao-swap-150k-into-isc]] - failed treasury diversification proposal
+- Represents alternative stablecoin design philosophy: basket-collateralized appreciation vs USD peg stability

entities/internet-finance/metadao-swap-150k-into-isc.md

@@ -0,0 +1,41 @@
+---
+type: entity
+entity_type: decision_market
+name: "MetaDAO: Swap $150,000 into ISC?"
+domain: internet-finance
+status: failed
+parent_entity: "[[metadao]]"
+platform: "futardio"
+proposer: "@Richard_ISC"
+proposal_url: "https://www.futard.io/proposal/Gp3ANMRTdGLPNeMGFUrzVFaodouwJSEXHbg5rFUi9roJ"
+proposal_date: 2024-10-30
+resolution_date: 2024-11-03
+category: "treasury"
+summary: "Proposal to convert $150,000 USDC (6.8% of treasury) into ISC stablecoin to hedge against dollar devaluation"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# MetaDAO: Swap $150,000 into ISC?
+
+## Summary
+MetaDAO proposed converting $150,000 USDC (approximately 6.8% of its $2.2M treasury) into ISC, a Solana-native inflation-resistant stablecoin. The proposal argued that holding USD exposes the DAO to devaluation risk (17.8% loss since 2020) and that ISC's basket-collateralized design (20% each: cash, commodities, treasuries, bonds, equities) provides better value preservation. The proposal failed.
+
+## Market Data
+- **Outcome:** Failed
+- **Proposer:** @Richard_ISC (ISC team member)
+- **Treasury Context:** MetaDAO held ~$2.2M USDC at proposal time
+- **Proposed Allocation:** 6.8% of treasury
+- **Execution Plan:** DCA order on Jupiter (10 orders over 10 hours, $15K each, price range $1.70-$1.90)
+
+## Significance
+This proposal represents an early test case for DAO treasury diversification into alternative stablecoins through futarchy governance. The failure suggests either:
+1. Market skepticism about ISC's value proposition relative to USDC
+2. Risk aversion to allocating treasury to a smaller, newer stablecoin
+3. Concerns about the proposer's conflict of interest (ISC team member)
+
+The proposal included a reciprocal governance commitment: ISC would use MetaDAO futarchy for its own governance decisions (removing freeze authority, basket composition changes), positioning this as a potential partnership rather than pure treasury management.
+
+## Relationship to KB
+- [[metadao]] - treasury management decision
+- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - relevant to understanding market participation patterns

entities/internet-finance/metadao.md

@@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2026-03** — Pine Analytics Q4 2025 quarterly report published
 
 - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
+- **2024-10-30** — [[metadao-swap-150k-into-isc]] failed: Proposal to convert $150K USDC (6.8% of treasury) into ISC stablecoin rejected by futarchy markets
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|
@@ -92,7 +93,7 @@ MetaDAO is the platform bet on futarchy as a governance mechanism. If decision m
 - [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] — mechanism description
 - [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — known limitation
 - [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — active design challenge
-- [[DAO governance degenerates into political capture because proposal processes select for coalition-building skill over operational competence and the resulting bureaucracy creates structural speed disadvantages against focused competitors]] — the problem MetaDAO solves
+- DAO governance degenerates into political capture because proposal processes select for coalition-building skill over operational competence and the resulting bureaucracy creates structural speed disadvantages against focused competitors — the problem MetaDAO solves
 
 ---
 

inbox/archive/2024-10-30-futardio-proposal-swap-150000-into-isc.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/Gp3ANMRTdGLPNeMGFUrzVFaodouwJSEXHbg5rFUi9ro
 date: 2024-10-30
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Governance proposal with clear outcome (failed). No novel mechanism insights warranting claim extraction - standard treasury diversification debate. Created decision_market entity for the proposal, new entity for ISC stablecoin (significant project with launch history and DAO integration attempts), and timeline entry on MetaDAO parent entity."
 ---
 
 ## Proposal Details
@@ -92,3 +96,11 @@ Potential pitfalls:
 - Autocrat version: 0.3
 - Completed: 2024-11-03
 - Ended: 2024-11-03
+
+
+## Key Facts
+- MetaDAO treasury held ~$2.2M USDC as of 2024-10-30
+- USD lost 17.8% of value since 2020 (cited in proposal)
+- ISC launched 2023-03-17 at $1.545, trading at $1.81 by 2024-10-30 (17.2% gain)
+- ISC collateral basket: 20% cash, 20% commodities, 20% treasuries, 20% bonds, 20% equities
+- Proposed DCA parameters: 10 orders, 1 hour intervals, $15K each, price range $1.70-$1.90