---
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 dynamic emission rate adjustment through bi-monthly decision markets. The project launched with a temporary halving schedule that reduced emissions with each 5% increase in circulating supply, but transitioned to market-based governance for token economics.

## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly decision markets for future 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]] - mechanism pattern