---
type: entity
entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: "Solana"
governance_model: "futarchy"
tracked_by: rio
created: 2026-03-11
---

# Coal

Coal is a futarchy-governed token project on Solana using [[futardio]] for governance decisions. The project uses conditional markets to manage token emission rates rather than fixed schedules, conducting bi-monthly decision markets to adjust monetary policy based on market conditions.

## Timeline
- **2024-11-13** - [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** - Emission reduction proposal passed, establishing bi-monthly decision market precedent for tokenomics adjustments

## Relationship to KB
- [[futardio]] - governance platform
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance approach