--- type: entity entity_type: decision_market name: "FutureDAO: Fund the Rug Bounty Program" domain: internet-finance status: passed parent_entity: "[[futardio]]" platform: "futardio" proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" proposal_url: "https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt" proposal_date: 2024-06-14 resolution_date: 2024-06-17 completed_date: 2024-06-19 category: "grants" summary: "Fund development of RugBounty.xyz platform to help communities recover from rug pulls through bounty-incentivized token migrations" budget_requested: "$5,000 USDC" tracked_by: rio created: 2026-03-11 --- # FutureDAO: Fund the Rug Bounty Program ## Summary Proposal to fund development of RugBounty.xyz, a platform that incentivizes community members to onboard rugged project communities to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising over 60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team (S.E.R.T.)". ## Market Data - **Outcome:** Passed - **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz - **Budget:** $5,000 USDC for platform development ($3,000 platform, $1,000 website, $1,000 QA) plus $1,000+ operational costs - **Created:** 2024-06-14 - **Ended:** 2024-06-17 - **Completed:** 2024-06-19 ## Significance This proposal demonstrates futarchy-governed product development funding for a novel use case: community-driven recovery from rug pulls. The bounty mechanism creates a permissionless market for community takeover facilitation, where "pirates" compete to successfully migrate rugged communities. The multi-sig requirement for token migrator shows trust-minimized collaboration between bounty hunters and FutureDAO. The proposal positions FutureDAO as infrastructure for crypto community resilience rather than just a governance experiment, with potential partnerships across security (GoPlus, Rugcheck), analytics (Birdeye, Dexscreener), and communication (SolChat) layers. ## Relationship to KB - [[futardio]] - product development decision - [[MetaDAO]] - parent futarchy infrastructure - [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] - treasury allocation through futarchy ## Timeline - **2024-06-14** - Proposal created - **2024-06-17** - Voting ended, proposal passed - **2024-06-19** - Proposal completed