---
type: claim
domain: internet-finance
description: "FutureDAO's token migrator provides structured protocol for communities to reclaim abandoned or rugged projects through conditional presale mechanics with 60% success threshold"
confidence: experimental
source: "FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 via futard.io, 2024-06-05"
created: 2024-06-05
---

# FutureDAO token migrator enables community takeovers through structured on-chain migration protocol

FutureDAO's token migrator addresses the problem of abandoned web3 projects by providing a structured on-chain protocol for communities to transition from one token to another. The tool targets communities affected by rug pulls, dead projects, or poor management, offering a mechanism to preserve community value and restore governance.

The migration process operates through conditional mechanics:
1. Community sets migration parameters (date, duration, presale amount, treasury allocation)
2. Presale launches with maximum dilution rates based on market cap (<$1M FDMC = 15% dilution, <$5M = 12%, <$20M = 10%)
3. Migration succeeds if >60% of presale target is raised; otherwise all funds return to participants
4. Successful migrations reclaim locked liquidity, establish new LP, and airdrop 50% to non-migrating holders

The protocol charges fees as inflation on the new token mint (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M), with all fees directed to staked Champions NFT holders rather than FutureDAO treasury.

FutureDAO projects first-year revenue of $270,000 from 8 migrations, based on Solana's history of 27+ notable meme coin presales in the prior 12 months with high abandonment rates. The proposal passed on 2024-06-08 with $12,000 USDC budget ($6K development, $6K audits).

## Evidence
- FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08
- 60% presale threshold determines migration success/failure
- Fee structure: 2%/1.5%/1% based on FDMC tiers
- Projected 8 migrations generating $270K in year one
- 27+ Solana meme coin presales in prior 12 months per Coin Edition and Coinpedia (cited in proposal)

---

Topics:
- [[domains/internet-finance/_map]]