--- type: decision entity_type: decision_market name: "Drift: Fund The Drift Working Group?" domain: internet-finance status: passed parent_entity: "[[drift]]" platform: "futardio" proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2" proposal_url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR" proposal_date: 2025-02-13 resolution_date: 2025-02-16 category: "grants" summary: "Proposal to establish community-run Drift Working Group with 50,000 DRIFT funding for 3-month trial period" tracked_by: rio created: 2026-03-11 --- # Drift: Fund The Drift Working Group? ## Summary Proposal to establish the Drift Working Group (DWG), a community-run initiative modeled on successful Solana ecosystem working groups. The proposal requested 50,000 DRIFT tokens to fund initial setup and 3 months of operation focused on content creation, community activation, and educational development. The working group would operate independently with initial collaboration from the Drift core team. ## Market Data - **Outcome:** Passed - **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 - **Created:** 2025-02-13 - **Completed:** 2025-02-16 - **Proposal Account:** 6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR - **DAO Account:** 8ABcEC2SEaqi1WkyWGtd2QbuWmkFryYnV1ispBUSgY2V ## Structure - **Leadership:** Socrates (3+ years crypto marketing expertise) - **Team Size:** Lead + 4 working group members - **Monthly Budget:** 15,400 DRIFT (5,000 for lead, 2,600 per member) - **Additional Initiatives:** 3,800 DRIFT allocated - **Governance:** 2/3 multisig wallet (working group lead + two Drift team members) - **Launch Target:** End of February 2025 ## Key Activities - Content creation across multiple mediums (tweets, videos) - Community activation through "Community Rituals" (live-streamed trading sessions, community takeovers) - Educational materials for new users and complex features ## Success Metrics - Creation of new community initiatives - Increased engagement on X (impressions, replies) - Increased community participation in Discord ## Significance Demonstrates futarchy-governed community grants for ecosystem development. The working group model represents an experimental approach to decentralized community building with defined trial period and performance tracking. Any unused budget would be returned to the DAO. ## Relationship to KB - [[drift]] - parent entity receiving governance decision - [[futardio]] - platform hosting the futarchy decision - [[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]] - governance mechanism used