--- type: entity entity_type: decision_market name: "Paystream: Futardio Fundraise" domain: internet-finance status: passed parent_entity: "[[paystream]]" platform: "futardio" proposal_url: "https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh" proposal_date: 2025-10-23 resolution_date: 2025-10-27 category: "fundraise" summary: "Paystream raised $6.15M against $550K target through futarchy-governed launch for modular Solana liquidity protocol" key_metrics: raise_target: "$550,000" total_committed: "$6,149,247" oversubscription_ratio: 11.2 final_raise: "$750,000" token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta" tracked_by: rio created: 2026-03-11 --- # Paystream: Futardio Fundraise ## Summary Paystream launched a futarchy-governed fundraise on Futardio targeting $550,000 for its modular Solana protocol that unifies peer-to-peer lending, leveraged liquidity provisioning, and yield routing. The raise attracted $6,149,247 in commitments (11.2x oversubscription) and closed at $750,000 final raise on 2025-10-27. ## Market Data - **Outcome:** Passed (completed) - **Launch Date:** 2025-10-23 - **Close Date:** 2025-10-27 - **Target:** $550,000 - **Committed:** $6,149,247 - **Final Raise:** $750,000 - **Oversubscription:** 11.2x ## Significance This launch demonstrates futarchy platforms can attract substantial capital for complex DeFi infrastructure without traditional VC gatekeeping. The 11.2x oversubscription shows market appetite for technically sophisticated protocols (peer-to-peer lending with leveraged LP strategies across multiple AMMs) when governed by conditional markets. Paystream's integration across Raydium CLMM, Meteora DLMM, and DAMM v2 represents multi-protocol infrastructure funded through permissionless mechanisms. The raise validates MetaDAO's thesis that futarchy-governed launches can compress fundraising timelines (4 days from launch to close) while achieving price discovery through market forces rather than negotiated valuations. ## Relationship to KB - [[paystream]] - parent entity - [[futardio]] - launch platform - [[metadao]] - futarchy infrastructure provider - [[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]] - platform thesis validation - [[internet-capital-markets-compress-fundraising-timelines]] - 4-day raise demonstrates compression