---
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
category: "grants"
summary: "Proposal to fund RugBounty.xyz platform development with $5,000 USDC to create bounty-based community recovery mechanism for rug pull victims"
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 rug pull victims to FutureDAO's Token Migration tool through a bounty system. The program allocates $5,000 USDC for platform development plus operational costs for API/hosting and future $FUTURE token bounties.

## Market Data
- **Outcome:** Passed
- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- **Proposal Number:** 2
- **Created:** 2024-06-14
- **Ended:** 2024-06-17
- **Completed:** 2024-06-19

## Budget Breakdown
- Platform Development: $3,000 USDC
- Website: $1,000 USDC
- QA: $1,000 USDC
- Operational Costs: $1,000+ (API & Hosting)
- Future $FUTURE bounties: TBD based on project scope

## Mechanism Design
The Rug Bounty Program creates a market-based recovery mechanism:
1. Bounties created for rugged projects with reward specifications
2. Community members ("Pirates") onboard victims through social platforms
3. Multi-sig setup required for token migration (trust verification)
4. Success defined as raising >60% of presale target in $SOL
5. Bounty awarded to facilitators of successful migrations

## Significance
This proposal represents FutureDAO's positioning as "Solana's Emergency Response Team (S.E.R.T.)" and demonstrates futarchy-governed allocation toward community protection infrastructure. The bounty mechanism creates incentive alignment for decentralized victim recovery without requiring centralized coordination.

## Relationship to KB
- [[futardio]] - governance decision funding product development
- [[MetaDAO]] - parent futarchy infrastructure
- Related to token migration and community takeover mechanisms in DeFi