extract: 2024-02-05-futardio-proposal-execute-creation-of-spot-market-for-meta #915

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@ -58,6 +58,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2024-03-02** — [[metadao-increase-meta-liquidity-dutch-auction]] passed: completed Dutch auction and liquidity provision, moving all protocol-owned liquidity to Meteora 1% fee pool
- **2025-01-27** — [[metadao-otc-trade-theia-2]] proposed: Theia offers $500K for 370.370 META at 14% premium with 12-month vesting
- **2025-01-30** — [[metadao-otc-trade-theia-2]] passed: Theia acquires 370.370 META tokens for $500,000 USDC
- **2024-02-05** — [[metadao-execute-creation-of-spot-market-for-meta]] passed: Created 4/6 multisig to execute spot market creation, transferring 4,130 META for participant distribution (3,100), liquidity pool creation (1,000 META + 35,000 USDC at 35 USDC/META initial price), and multisig compensation (30)
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -37,6 +37,7 @@ Solana liquidity protocol offering Dynamic Liquidity Market Maker (DLMM) pools,
- **2025-Q4** — Meteora LP generates $1.15M in fees for MetaDAO (Pine Analytics Q4 report)
- **2025-10 to 2026-03** — Every Futardio launch allocates 900K tokens to Meteora pool as standard template
- **2024-02-09** — MetaDAO created initial META spot market liquidity pool on Meteora, pairing 1,000 META with 35,000 USDC (initial price: 35 USDC/META) following passage of governance proposal
## Competitive Position
- **Infrastructure role**: Not competing with MetaDAO — provides complementary liquidity infrastructure. Meteora is the LP venue; Futarchic AMM is the governance venue.
- **vs Raydium**: Both are major Solana AMMs. Raydium offers CLMM (concentrated liquidity). Meteora differentiates with DLMM and dynamic bonding pools.

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@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/HyA2h16uPQBFjezKf77wThNGsEoesUjeQf9rFvfAy4t
date: 2024-02-05
domain: internet-finance
format: data
status: unprocessed
status: enrichment
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["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.md", "futarchy-governed-DAOs-converge-on-traditional-corporate-governance-scaffolding-for-treasury-operations-because-market-mechanisms-alone-cannot-provide-operational-security-and-legal-compliance.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "This source is a governance proposal execution record, not a source of novel claims. The primary output is a decision_market entity documenting the proposal details. Two enrichments added: (1) operational example of Autocrat v0.1 mechanics showing the multisig execution layer, and (2) confirmation that futarchy DAOs use traditional trust-based scaffolding for treasury operations. No new claims extracted because the insights are operational details of existing mechanism claims, not novel propositions about futarchy or governance."
---
## Proposal Details
@ -61,3 +66,11 @@ Obviously, there is no algorithmic guarantee that the multisig members will actu
- Autocrat version: 0.1
- Completed: 2024-02-10
- Ended: 2024-02-10
## Key Facts
- MetaDAO Proposal 5 transferred 4,130 META total (2024-02-05)
- Initial META spot price set at 35 USDC/META
- Fundraising target was 75,000 USDC
- Multisig members: Proph3t, Dean, Nallok, Durden, Rar3, BlockchainFixesThis (4/6 threshold)
- Proposal completed execution 2024-02-10