---
type: entity
entity_type: decision_market
name: "FutureDAO: Fund FutureDAO's Token Migrator"
domain: internet-finance
status: passed
parent_entity: "[[futuredao]]"
platform: futardio
proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6"
proposal_date: 2024-06-05
resolution_date: 2024-06-08
category: mechanism
summary: "Approved $12K USDC budget to develop decentralized token migration tool for abandoned projects"
tracked_by: rio
created: 2026-03-11
---

# FutureDAO: Fund FutureDAO's Token Migrator

## Summary

Approved the development and launch of FutureDAO's Token Migrator, a decentralized on-chain tool facilitating seamless transitions from one token to another. The tool targets communities abandoned by developers, rugged projects, and poorly managed tokens, using a 60% presale threshold to determine migration success. Budget allocated $6K for tool development and $6K for smart contract security audits.

## Market Data

- **Outcome:** Passed
- **Proposal Date:** 2024-06-05
- **Resolution Date:** 2024-06-08
- **Budget:** $12,000 USDC ($6K development, $6K audits)
- **Proposal Account:** BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6

## Significance

This proposal established FutureDAO's core product and revenue model. The token migrator creates a new category of futarchy-adjacent governance: community-led rescue missions for abandoned projects. The 60% presale threshold functions as a market-based viability test, with automatic unwinding if the threshold is not met. All migration fees flow to Champions NFT holders via SPL-404 staking, creating a revenue distribution model that separates DAO treasury from NFT holder rewards.

The tool was born from FutureDAO's own experience taking over $MERTD after a rug pull, making this a case of a community building infrastructure to solve the problem they personally faced.

## Relationship to KB

- [[futuredao]] — core governance decision establishing primary product
- [[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]] — FutureDAO extends MetaDAO's unruggable ICO concept to post-launch rescue scenarios
- [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] — Revenue distribution mechanism for Champions NFT holders