rio: extract claims from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer #785
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entities/internet-finance/advaith-sekharan.md
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entities/internet-finance/advaith-sekharan.md
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---
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type: entity
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entity_type: person
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name: "Advaith Sekharan"
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domain: internet-finance
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status: active
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role: "Founding Engineer at MetaDAO"
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tracked_by: rio
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created: 2026-03-11
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---
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# Advaith Sekharan
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## Overview
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Founding engineer at MetaDAO hired in October 2024 with $180,000 annual salary and 237 META token allocation (1% of supply). Compensation structure includes performance-based unlocks tied to market cap milestones and 4-year vesting starting November 2024.
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## Timeline
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- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: $180K salary + 237 META tokens with linear unlocks at market cap milestones
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- **2024-10-26** — Hiring proposal passed via futarchy governance
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## Relationship to KB
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- [[metadao]] — founding engineer
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- [[metadao-hire-advaith-sekharan]] — hiring decision
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- Part of MetaDAO's San Francisco core team buildout strategy
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entities/internet-finance/metadao-hire-advaith-sekharan.md
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entities/internet-finance/metadao-hire-advaith-sekharan.md
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---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "Nallok, Proph3t"
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proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_date: 2024-10-22
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resolution_date: 2024-10-26
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category: "hiring"
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summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
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## Summary
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Proposal to extend an offer to Advaith Sekharan for founding engineer role at MetaDAO with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). Token allocation follows same structure as co-founder compensation with performance-based unlocks tied to market cap milestones and 4-year vesting period starting November 2024.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Date:** 2024-10-22
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- **Resolution Date:** 2024-10-26
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## Compensation Structure
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- **Cash:** $180,000/year (retroactive to October 16, 2024)
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- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations)
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- **Vesting:** 4 years starting November 2024, no unlocks before November 2028
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- **Unlocks:** Linear based on market cap ($5B = 100% unlock, $500M = 10% unlock)
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- **Clawback:** Full clawback authority until July 2025 (8 months), then vests into smart contract
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- **Market Cap Definition:** $1B = $42,198 per META
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## Significance
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First founding engineer hire following MetaDAO's Fundraise #2 strategy to build core team in San Francisco. Compensation structure mirrors co-founder terms, establishing precedent for performance-based token unlocks tied to protocol value rather than time-based vesting. The 4-year cliff before any token unlocks signals long-term commitment requirements for core team members.
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## Relationship to KB
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- [[metadao]] — hiring decision for core team
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- [[advaith-sekharan]] — hired founding engineer
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- [[metadao-compensation-proph3t-nallok]] — parallel co-founder compensation structure
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- [[metadao-fundraise-2]] — fundraising context that enabled hiring
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@ -54,6 +54,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposed: hire Advaith Sekharan as founding engineer with $180K salary + 237 META tokens
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- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: first founding engineer hired with performance-based token unlocks
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -92,7 +94,7 @@ MetaDAO is the platform bet on futarchy as a governance mechanism. If decision m
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- [[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
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — known limitation
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- [[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
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- [[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
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- 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
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---
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
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date: 2024-10-22
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Hiring proposal with detailed compensation structure. No novel claims about futarchy mechanisms or governance — this is standard entity/decision_market data. Token allocation structure mirrors existing co-founder terms documented in metadao-compensation-proph3t-nallok. Created person entity for Advaith Sekharan and decision_market entity for the proposal itself."
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---
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## Proposal Details
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@ -71,3 +75,11 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
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- Autocrat version: 0.3
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- Completed: 2024-10-26
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- Ended: 2024-10-26
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## Key Facts
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- MetaDAO token supply excluding DAO holdings: 19,755.7 META (2024-10-22)
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- MetaDAO token supply including co-founder allocations: 23,705.7 META (2024-10-22)
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- MetaDAO market cap definition: $1B = $42,198 per META
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- Advaith Sekharan GitHub: https://github.com/advaith101
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- Advaith Sekharan LinkedIn: https://www.linkedin.com/in/advaith-sekharan-78b52b277/
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