- Source: inbox/archive/2024-10-22-futardio-proposal-increase-ore-sol-lp-boost-multiplier-to-6x.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
2.7 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | ORE: Increase ORE-SOL LP boost multiplier to 6x | internet-finance | passed | futardio | futardio | https://www.futard.io/proposal/A19yLRVqxvUf4cTDm6mKNKadasd7YSYDrzk6AYEyubAC | 2024-10-22 | 2024-10-26 | mechanism | First parameter change in ORE's boost system, increasing ORE-SOL LP multiplier from 4x to 6x to incentivize liquidity and gather data on boost effectiveness | rio | 2026-03-11 |
ORE: Increase ORE-SOL LP boost multiplier to 6x
Summary
This proposal increased the boost multiplier for ORE-SOL LP positions from 4x to 6x, marking the first parameter adjustment in ORE's one-week-old boost system. The proposal had three explicit objectives: increase TVL in the ORE-SOL liquidity pool by counterbalancing LP risk, gather data on how multiplier changes affect liquidity, and introduce futarchy to the ORE community as a low-risk testrun before considering integration into critical systems.
Market Data
- Outcome: Passed
- Proposal account: A19yLRVqxvUf4cTDm6mKNKadasd7YSYDrzk6AYEyubAC
- Proposal number: 1
- DAO account: 7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Autocrat version: 0.3
- Created: 2024-10-22
- Completed: 2024-10-26
- Ended: 2024-10-26
Significance
This represents the first use of futarchy to calibrate a DeFi protocol's liquidity incentive parameters. Unlike binary strategic decisions (hiring, treasury management), this proposal used conditional markets to optimize a continuous variable (multiplier strength). The proposal's framing as a "low-risk testrun" and data-gathering exercise suggests ORE is adopting futarchy incrementally, starting with reversible operational parameters before moving to "critical systems such as the supply function."
The boost mechanism itself is novel: it converts staked DeFi capital into "virtual hashpower" multipliers on mining rewards, creating a direct economic link between protocol liquidity and mining output. The tiered structure (6x for ORE-SOL, 4x for ORE-ISC, 2x for ORE) prioritizes the most liquid trading pair over native token staking, inverting typical DeFi incentive hierarchies.
Relationship to KB
- futardio — governance platform
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window
- futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements