teleo/teleo-codex
8
0
Fork 0
Code Issues 22 Pull requests 18 Projects Releases Packages Wiki Activity Actions 1

extract: 2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition #960

Merged
leo merged 1 commit from extract/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition into main 2026-03-16 10:16:32 +00:00
Conversation 9 Commits 1 Files changed 2 +22 -1
2 changed files with 22 additions and 1 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

6
domains/internet-finance/futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md
View file

@ -43,6 +43,12 @@ Single-case evidence limits generalizability. The failure could be specific to:
However, this case provides concrete evidence that [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] operates even when the economics appear favorable. However, this case provides concrete evidence that [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] operates even when the economics appear favorable.
### Additional Evidence (confirm)
*Source: [[2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition]] | Added: 2026-03-15*
Drift's $8,250 creator competition proposal failed despite having clear upside potential (community engagement, content generation, B.E.T awareness) and minimal downside risk. The proposal offered a structured prize pool across multiple tracks (video, Twitter threads, trade ideas) with established evaluation criteria, yet still failed to generate sufficient market participation. This is a canonical example of participation friction killing an economically sensible proposal.
--- ---
Relevant Notes: Relevant Notes:

17
inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md
View file

@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
date: 2024-08-27 date: 2024-08-27
domain: internet-finance domain: internet-finance
format: data format: data
status: unprocessed status: enrichment
tags: [futardio, metadao, futarchy, solana, governance] tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal event_type: proposal
processed_by: rio
processed_date: 2026-03-15
enrichments_applied: ["futarchy-proposals-with-favorable-economics-can-fail-due-to-participation-friction-not-market-disagreement.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
--- ---
## Proposal Details ## Proposal Details
@ -75,3 +79,14 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
- Autocrat version: 0.3 - Autocrat version: 0.3
- Completed: 2024-08-31 - Completed: 2024-08-31
- Ended: 2024-08-31 - Ended: 2024-08-31
## Key Facts
- Drift Protocol is the largest open-sourced perpetual futures exchange built on Solana
- Drift launched B.E.T, described as Solana's first capital efficient prediction market
- The Drift Superteam Earn Creator Competition proposal (AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY) was proposal #4 on MetaDAO
- The proposal requested $8,250 total prize pool split across: Grand prize ($3,000), Video track ($1,750), Twitter thread track ($1,750), Trade ideas track ($1,750)
- Each individual contest had prize structure: 1st place $1,000, 2nd place $500, 3rd place $250
- Funding would have come from Drift Foundation Grants Program in DRIFT tokens
- Competition would have been run through Superteam Earn platform
- Proposal was created 2024-08-27, completed and ended 2024-08-31, status: Failed