--- type: entity entity_type: decision_market name: "MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months" domain: internet-finance status: passed parent_entity: "[[metadao]]" platform: "futardio" proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW" proposal_date: 2024-03-26 resolution_date: 2024-03-31 category: "strategy" summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor payments to accelerate MetaDAO execution." key_metrics: compensation_requested_meta: 1015 compensation_requested_usdc: 100000 retroactive_months: 4 forward_months: 3 estimated_success_impact: "-20% if failed" tracked_by: rio created: 2026-03-11 --- # MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months ## Summary This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) to bypass the slow proposal process and accelerate MetaDAO's execution. The appointment covered retroactive compensation for December-March and forward compensation for April-June, totaling 1,015 META and 100,000 USDC. The proposers argued that failure would decrease MetaDAO's success probability by over 20%. ## Market Data - **Outcome:** Passed - **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz - **Created:** 2024-03-26 - **Completed:** 2024-03-31 - **Proposal Number:** 14 ## Scope of Authority The BDF3M role granted authority over: - Retroactive compensation for all contributions prior to the proposal - Business operations including proposal process management, project management, expenses - Current contributor compensation including incentive-based components - Security and efficacy improvements to the core futarchy mechanism - Exceptional use grants for MetaDAO's code licenses - Monthly community updates ## Compensation Structure - **Total META:** 1,015 (average 145/month) - **Total USDC:** $100,000 (average $14,000/month) - **Period:** 7 months total (4 retroactive + 3 forward) - **Vesting:** META likely issued in 5-year locked form - **Source:** Various multisigs, not directly from DAO treasury ## Significance This proposal represents a critical governance transition where MetaDAO acknowledged that its futarchy mechanism was too slow for operational decisions at its stage. The appointment of benevolent dictators created a hybrid model where strategic decisions remained futarchy-governed while operational execution moved to trusted individuals. The 20% success impact claim suggests the proposers viewed this as an existential decision point. ## Relationship to KB - [[metadao]] - governance structure evolution - [[proph3t]] - appointed leader - [[nallok]] - appointed leader - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] - this proposal directly addresses the "too slow and costly" friction