---
type: entity
entity_type: decision_market
name: "COAL: Establish Development Fund?"
domain: internet-finance
status: failed
parent_entity: "coal"
platform: "futardio"
proposer: "AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r"
proposal_url: "https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U"
proposal_date: 2024-12-05
resolution_date: 2024-12-08
category: "treasury"
summary: "Proposal to establish a 4.2% emissions allocation development fund for COAL protocol development, community rewards, and marketing initiatives"
tracked_by: rio
created: 2026-03-11
---

# COAL: Establish Development Fund?

## Summary
Proposal to allocate 4.2% of COAL mining emissions (472.5 COAL/day) to a development fund managed by a DAO multisig. The fund would support protocol development, reward community contributions, and enable marketing initiatives. The allocation would increase total supply growth by 4.2% rather than reducing mining rewards.

## Market Data
- **Outcome:** Failed
- **Proposer:** AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r
- **Created:** 2024-12-05
- **Completed:** 2024-12-08
- **Proposal Account:** DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U

## Significance
This proposal represents a governance test of whether a fair-launch community (no pre-mine, no team allocation) will vote to establish ongoing protocol funding through emissions. The failure indicates resistance to dilution even when mining rewards are preserved, revealing community preference for zero-inflation tokenomics over funded development.

The 4.2% allocation structure (472.5 COAL/day from 11,250 base rate) shows an attempt to balance sustainability with fairness by increasing total emissions rather than redirecting miner rewards. The rejection suggests the community prioritized supply scarcity over development funding.

## Relationship to KB
- [[futardio]] - governance platform
- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - relevant to understanding why this failed