---
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 allocate 4.2% of mining emissions to a development fund for protocol development, community rewards, and marketing"
tracked_by: rio
created: 2026-03-11
---

# COAL: Establish Development Fund?

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

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

## Significance
This proposal tested whether a fair-launch, no-premine project could retroactively establish protocol funding through futarchy governance. The failure suggests community resistance to supply inflation even when positioned as non-dilutive to existing mining rewards. The 4.2% allocation model (avoiding miner reward reduction) represents an attempt to balance sustainability needs with fair-launch principles.

## Relationship to KB
- [[futardio]] - governance platform
- [[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 used