--- type: entity entity_type: decision_market name: "FutureDAO: Fund FutureDAO's Token Migrator" domain: internet-finance status: passed parent_entity: "[[futuredao]]" platform: futardio proposer: "FutureDAO team" proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6" proposal_date: 2024-06-05 resolution_date: 2024-06-08 category: "mechanism" summary: "Approve $12K budget for token migration tool enabling community takeovers of abandoned projects" tracked_by: rio created: 2026-03-11 --- # FutureDAO: Fund FutureDAO's Token Migrator ## Summary Proposal to develop and launch FutureDAO's Token Migrator, a decentralized on-chain tool for seamless token transitions. The tool enables communities abandoned by developers or facing poor management to take control through structured migration with conditional execution (60% presale threshold), automatic refunds on failure, and liquidity bootstrapping. Budget: $12,000 USDC ($6K development, $6K security audits). ## Market Data - **Outcome:** Passed - **Proposer:** FutureDAO team - **Proposal Date:** 2024-06-05 - **Resolution Date:** 2024-06-08 - **Budget:** $12,000 USDC ## Significance This proposal represents FutureDAO's first major product development initiative, creating infrastructure for community-led token takeovers. The mechanism design is notable for: 1. **Conditional execution:** 60% presale threshold determines success/failure with automatic refunds 2. **Minority protection:** 50% airdrop to non-migrating holders 3. **Revenue model:** 100% of fees to Champions NFT holders (1-2% of migrated token market cap) 4. **Market-cap based fee tiers:** Lower fees for smaller projects (<$1M = 2%, <$5M = 1.5%, <$20M = 1%) Projected first-year revenue: $270K from 8 migrations, distributed to staked Champions NFT holders. The proposal passed through MetaDAO's futarchy governance, demonstrating market confidence in the mechanism design and revenue potential. ## Relationship to KB - [[futuredao]] — first major product proposal - [[metadao]] — governance infrastructure - [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — similar conditional execution logic