---
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
Futarchy-governed token project on Solana using MetaDAO's Autocrat program. Launched with a supply-based halving schedule (emission rate halves every 5% circulating supply increase). After six halvings reaching 15.625 tokens/minute emission rate, the DAO transitioned to bi-monthly futarchy markets for emission rate adjustments.

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

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