entities/internet-finance/drift-fund-the-drift-superteam-earn-creator-competition.md

@@ -0,0 +1,39 @@
+---
+type: entity
+entity_type: decision_market
+name: "Drift: Fund The Drift Superteam Earn Creator Competition"
+domain: internet-finance
+status: failed
+parent_entity: "[[drift]]"
+platform: "futardio"
+proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
+proposal_url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY"
+proposal_date: 2024-08-27
+resolution_date: 2024-08-31
+category: "grants"
+summary: "Proposal to fund $8,250 prize pool for creator competition promoting B.E.T prediction market through Superteam Earn bounties"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Drift: Fund The Drift Superteam Earn Creator Competition
+
+## Summary
+Proposal to fund a creator competition with $8,250 in prizes distributed across three content tracks (video, Twitter threads, trade ideas) plus a grand prize, aimed at promoting B.E.T (Solana's first capital efficient prediction market built on Drift) through community engagement and content generation via Superteam Earn platform.
+
+## Market Data
+- **Outcome:** Failed
+- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
+- **Created:** 2024-08-27
+- **Resolved:** 2024-08-31
+- **Prize Pool:** $8,250 in DRIFT tokens
+  - Grand prize: $3,000
+  - Three tracks at $1,750 each (1st: $1,000, 2nd: $500, 3rd: $250)
+
+## Significance
+Represents an early futarchy-governed marketing spend decision for a DeFi protocol launch. The proposal tested whether prediction markets could effectively evaluate community engagement initiatives and marketing ROI. The failure suggests either insufficient market participation, skepticism about the competition's value proposition, or concerns about token dilution for marketing purposes.
+
+## Relationship to KB
+- [[drift]] - parent protocol governance decision
+- futardio - governance platform used
+- metadao - futarchy implementation provider

entities/internet-finance/drift.md

@@ -15,7 +15,7 @@ key_metrics:
   futarchy_proposals: "6+ proposals on MetaDAO platform (grants, working group, AI agents, competitions)"
   drift_allocated: "150,000+ DRIFT allocated through futarchy governance"
 built_on: ["Solana"]
-competitors: ["[[omnipair]]"]
+competitors: ["omnipair"]
 tags: ["perps", "solana", "futarchy-adopter", "metadao-ecosystem"]
 ---
 
@@ -37,6 +37,7 @@ Perpetuals DEX on Solana — one of the largest decentralized derivatives platfo
 - **2024-12-19** — AI Agents Grants program: 50K DRIFT for trading, yield, info, and social agents
 - **2025-02-13** — Drift Working Group funded via futarchy
 
+- **2024-08-27** — [[drift-fund-the-drift-superteam-earn-creator-competition]] failed: Futarchy-governed proposal to fund $8,250 creator competition for B.E.T prediction market launch rejected
 ## Competitive Position
 - **Futarchy validation**: Drift using MetaDAO's governance system is the strongest external validation signal — a major protocol choosing futarchy over traditional token voting for real treasury decisions.
 - **Future leverage threat**: Drift listing META perps would directly compete with OmniPair for leverage demand. This is OmniPair's identified "key vulnerability" — the moat is temporary.
@@ -50,9 +51,9 @@ Perpetuals DEX on Solana — one of the largest decentralized derivatives platfo
 ---
 
 Relevant Entities:
-- [[metadao]] — futarchy platform provider
-- [[omnipair]] — current leverage competitor (OmniPair holds temporary monopoly)
-- [[ranger-finance]] — former aggregation client (liquidated)
+- metadao — futarchy platform provider
+- omnipair — current leverage competitor (OmniPair holds temporary monopoly)
+- ranger-finance — former aggregation client (liquidated)
 
 Topics:
 - [[internet finance and decision markets]]

inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
 date: 2024-08-27
 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: "Single failed proposal for marketing spend. No novel mechanism insights or governance dynamics beyond standard futarchy rejection. Entity extraction only - no claims warranted. The proposal is routine marketing spend evaluation through futarchy, not a mechanism innovation or contested governance decision that would merit claim extraction."
 ---
 
 ## Proposal Details
@@ -75,3 +79,16 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
 - Autocrat version: 0.3
 - Completed: 2024-08-31
 - Ended: 2024-08-31
+
+
+## Key Facts
+- Drift is the largest open-sourced perpetual futures exchange on Solana
+- B.E.T is Solana's first capital efficient prediction market built on Drift
+- Proposal requested $8,250 total prize pool distributed as: Grand prize $3,000, three tracks at $1,750 each
+- Competition would run through Superteam Earn platform
+- Funding would come from Drift Foundation Grants Program in DRIFT tokens
+- Three bounty tracks: engaging video, Twitter thread, trade ideas sharing
+- Prize structure per track: 1st place $1,000, 2nd place $500, 3rd place $250
+- Proposal account: AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY
+- DAO account: 5vVCYQHPd8o3pGejYWzKZtnUSdLjXzDZcjZQxiFumXXx
+- Autocrat version: 0.3