0da42ebbf1
Separates governance decisions from entities. decision_market type replaced
by type: decision in new decisions/ directory. Entities (companies, people,
protocols) remain in entities/{domain}/.
Architecture: Leo (schema), Rio (taxonomy), Ganymede (migration), Rhea (ops)
Implemented by: Epimetheus
Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
3 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens | internet-finance | passed | deans-list | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc | 2024-06-08 | 2024-06-11 | grants | Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 student contributors with 5% FDV increase condition | rio | 2026-03-11 |
IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
Summary
Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal was structured as a conditional grant requiring a 5% increase in The Dean's List DAO's fully diluted valuation (from $115,655 to $121,438) measured over a 5-day trading period. The proposal passed, indicating market confidence that student engagement would drive sufficient value creation.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Trading Period: 5 days (2024-06-08 to 2024-06-11)
- Grant Amount: 1,000,000 $DEAN tokens ($1,300 USDC equivalent)
- Success Condition: 5% FDV increase ($5,783 increase required)
- Target Participants: 200 University of Waterloo Blockchain Club members
- Estimated ROI: $4.45 benefit per dollar spent (based on proposal model)
Significance
This proposal demonstrates futarchy-governed talent acquisition and community grants. Rather than a simple token distribution, the proposal structured the grant as a conditional bet on whether university partnership would increase DAO valuation. The pass condition required measurable market impact (5% FDV increase) within a defined timeframe, making the grant accountable to token price performance rather than subjective governance approval.
The proposal's economic model calculated that each of 200 students needed to contribute activities worth ~$28.92 in FDV increase to justify the $1,300 investment. The market's decision to pass suggests traders believed student engagement (dApp reviews, testing, social promotion, development) would exceed this threshold.
This represents an early experiment in using futarchy for partnership and grant decisions, where traditional DAOs would use token-weighted voting without price accountability.
Relationship to KB
- deans-list - parent organization making the grant decision
- futardio - platform enabling the conditional market governance
- 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 - mechanism used for this decision