--- type: entity entity_type: company name: Salmon Wallet domain: internet-finance status: active founded: 2022 website: https://salmonwallet.io/ github: https://github.com/salmon-wallet key_people: - role: team name: undisclosed key_metrics: prior_funding: "$122,500" bootstrap_funding: "$80,000" grants_received: "$42,500" futarchy_raise_target: "$375,000" futarchy_raise_actual: "$97,535" monthly_burn_rate: "$25,000" tracked_by: rio created: 2026-03-11 --- # Salmon Wallet Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026 seeking $375K for 12-month operational runway, raising only $97,535 before refunding. Operates own Solana validator for transparent revenue. Governance via SAL token using futarchy model. ## Timeline - **2022** — Project founded, listed on Solana wallet adapter, received $80K bootstrap funding - **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K) - **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched on futard.io seeking $375K - **2026-03-04** — Fundraise closed with $97,535 raised (26% of target), status: Refunding ## Relationship to KB - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical case of adoption friction for operational software - [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — first wallet infrastructure project on platform - [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — included traditional operational structures despite futarchy governance