---
type: entity
entity_type: decision_market
name: "MetaDAO: Migrate Autocrat Program to v0.2"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "HenryE, Proph3t"
proposal_url: "https://www.futard.io/proposal/HXohDRKtDcXNKnWysjyjK8S5SvBe76J5o4NdcF4jj963"
proposal_date: 2024-03-28
resolution_date: 2024-04-03
category: "mechanism"
summary: "Upgrade Autocrat program to v0.2 with reclaimable rent, conditional token merging, token metadata, and governance parameter changes"
tracked_by: rio
created: 2026-03-11
---

# MetaDAO: Migrate Autocrat Program to v0.2

## Summary
This proposal upgraded MetaDAO's core futarchy infrastructure (Autocrat program) to v0.2, introducing three major features: reclaimable rent (~4 SOL recovery per proposal), conditional token merging (pTOKEN + fTOKEN → TOKEN), and token metadata for wallet display. Configuration changes lowered the pass threshold from 5% to 3%, set default TWAP to $100, switched to $5 TWAP increments (from 1%), and reduced minimum lot sizes to 0.1 META.

## Market Data
- **Outcome:** Passed
- **Proposers:** HenryE, Proph3t
- **Proposal Created:** 2024-03-28
- **Resolution:** 2024-04-03
- **Migration:** Moved DAO treasury from old program (metaX99LHn3A7Gr7VAcCfXhpfocvpMpqQ3eyp3PGUUq) to new program (metaRK9dUBnrAdZN6uUDKvxBVKW5pyCbPVmLtUZwtBp)

## Significance
This represents MetaDAO's first major protocol upgrade, addressing three operational pain points: proposal creation costs (rent reclamation), liquidity fragmentation across simultaneous proposals (token merging), and user experience (metadata). The shift from percentage-based to dollar-based TWAP increments demonstrates practical mechanism refinement for manipulation resistance. The migration required coordinating upgrades across three programs (autocrat_v0, openbook_twap, conditional_vault) plus a migrator program, all verified by OtterSec.

## Technical Implementation
- **Programs upgraded:** autocrat_v0, openbook_twap, conditional_vault
- **New program:** migrator (for treasury transfer)
- **Verification:** OtterSec API verification against GitHub repos
- **Authority:** Treasury account set as upgrade authority on all programs

## Relationship to KB
- [[metadao]] - core protocol upgrade
- [[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 evolution
- [[futarchy implementations must simplify theoretical mechanisms for production adoption because original designs include impractical elements that academics tolerate but users reject]] - practical refinement example