---
type: entity
entity_type: company
name: "Coal"
domain: internet-finance
status: active
platform: solana
governance: futarchy
tracked_by: rio
created: 2026-03-11
---

# Coal

## Overview
Coal is a token project on Solana using futarchy-governed emission rate adjustments through MetaDAO's Futardio platform. Rather than hardcoding token economics at launch, coal uses bi-monthly decision markets to dynamically adjust emission rates based on market feedback.

## Timeline
- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
- **2024-11-17** — Emission reduction proposal passed, establishing bi-monthly futarchy governance for emission adjustments

## Relationship to KB
- [[futardio]] - governance platform
- [[MetaDAO]] - futarchy infrastructure provider
- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance mechanism