--- type: entity entity_type: decision_market name: "MetaDAO: Migrate Autocrat Program to v0.1" domain: internet-finance status: passed parent_entity: "[[metadao]]" platform: "futardio" proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz" proposal_url: "https://www.futard.io/proposal/AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi" proposal_date: 2023-12-03 resolution_date: 2023-12-13 category: "mechanism" summary: "Upgrade Autocrat program to v0.1 with configurable proposal duration (3-day default) and migrate 990K META + 10K USDC + 5.5 SOL to new treasury" tracked_by: rio created: 2026-03-11 --- # MetaDAO: Migrate Autocrat Program to v0.1 ## Summary This proposal upgraded MetaDAO's Autocrat futarchy implementation to v0.1, making proposal duration configurable with a new 3-day default (down from a longer implied period) to enable faster feedback loops. The migration required moving the entire treasury (990,000 META, 10,025 USDC, and 5.5 SOL) from the first program to the second program. ## Market Data - **Outcome:** Passed - **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz - **Completed:** 2023-12-13 - **Proposal account:** AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi ## Key Risks Disclosed 1. **Smart contract risk:** Potential for new bugs in upgraded program (assessed as small by proposer) 2. **Counterparty risk:** Build was not verifiable due to technical constraints, requiring trust in proposer that no backdoor was introduced. Proposer committed to using verifiable builds for future versions. ## Significance This was MetaDAO's first major mechanism upgrade, demonstrating: - Willingness to iterate on futarchy parameters based on user experience (faster feedback) - The operational friction of treasury migrations when upgrading program architecture - Trust dynamics in early-stage futarchy implementations (non-verifiable build accepted by community) - Evolution from hardcoded to configurable governance parameters ## Relationship to KB - [[metadao]] - mechanism upgrade and treasury migration - [[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]] - confirms 3-day window is configurable parameter - [[futarchy implementations must simplify theoretical mechanisms for production adoption because original designs include impractical elements that academics tolerate but users reject]] - demonstrates production adaptation