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- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months | internet-finance | passed | metadao | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW | 2024-03-26 | 2024-03-31 | strategy | Appointed Proph3t and Nallok as interim leaders with authority over compensation, operations, and business decisions for three months to accelerate execution. | rio | 2026-03-11 |
MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
Summary
This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution velocity. The proposal allocated 1,015 META and 100,000 USDC for four months of retroactive compensation (December-March) and three months of forward-looking compensation (April-June), averaging 145 META and $14,000 per month.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Completed: 2024-03-31
- Proposal Number: 14
Authority Granted
The BDF3M role included:
- Retroactive compensation for all prior MetaDAO contributions
- Managing ongoing business operations and project management
- Steering the off-chain proposal process and compensating proposers
- Handling operational expenses
- Improving futarchy mechanism security and efficacy
- Providing monthly community updates
- Making exceptional use grants for MetaDAO's code licenses
OKRs
- Complete 10 GitHub issues per week
- Process retroactive compensation within 1 week of passage
- Oversee creation of new landing page
Significance
This proposal represented a critical governance transition where MetaDAO acknowledged that "the current proposal process is too slow and costly" for startup-speed execution. The entrepreneurs stated that proposal failure would decrease MetaDAO's success probability by more than 20%, framing this as an existential decision point. The structure created a temporary centralized leadership layer above the futarchy mechanism to handle operational decisions while the core governance system matured.