teleo/teleo-codex
8
0
Fork 0
Code Issues 22 Pull requests 15 Projects Releases Packages Wiki Activity Actions 1
teleo-codex/decisions/internet-finance/metadao-otc-trade-colosseum.md
Teleo Agents 0da42ebbf1 schema: move 68 decision_market entities to decisions/internet-finance/ 
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>
2026-03-16 17:31:07 +00:00

3.2 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
decision decision_market MetaDAO: Engage in $250,000 OTC Trade with Colosseum internet-finance passed metadao futardio pR13Aev6U2DQ3sQTWSZrFzevNqYnvq5TM9c1qTKLfm8 https://www.futard.io/proposal/5qEyKCVyJZMFZSb3yxh6rQjqDYxASiLW7vFuuUTCYnb1 2024-03-19 2024-03-24 fundraise Colosseum acquired up to $250,000 USDC worth of META tokens with dynamic pricing based on TWAP and 12-month vesting structure rio 2026-03-11
offer_amount price_mechanism immediate_unlock vesting_period meta_spot_price meta_circulating_supply transfer_amount
$250,000 USDC TWAP-based with $850 cap, void above $1,200 20% 12 months linear $468.09 (2024-03-18) 17,421 tokens 2,060 META (overallocated for price flexibility)

MetaDAO: Engage in $250,000 OTC Trade with Colosseum

Summary

Colosseum proposed acquiring META tokens from MetaDAO's treasury for $250,000 USDC with a dynamic pricing mechanism tied to the pass market TWAP. The structure included 20% immediate unlock and 80% linear vesting over 12 months through Streamflow. The proposal included a sponsored DAO track ($50,000-$80,000 prize pool) in Colosseum's next hackathon as strategic partnership commitment.

Market Data

  • Outcome: Passed
  • Proposer: pR13Aev6U2DQ3sQTWSZrFzevNqYnvq5TM9c1qTKLfm8
  • Resolution: 2024-03-24
  • Proposal Number: 13

Pricing Mechanism

The acquisition price per META was determined by conditional logic:

  • If pass market TWAP < $850: price = TWAP
  • If pass market TWAP between $850-$1,200: price = $850 (capped)
  • If pass market TWAP > $1,200: proposal void, USDC returned

This created a price discovery mechanism with downside flexibility and upside protection for the treasury.

Execution Structure

The proposal transferred 2,060 META to a 5/7 multisig (FhJHnsCGm9JDAe2JuEvqr67WE8mD2PiJMUsmCTD1fDPZ) with members from both Colosseum and MetaDAO. The overallocation (beyond the $250k/$850 = 294 META minimum) provided flexibility for price fluctuations, with excess META returned to treasury.

Strategic Rationale

Colosseum positioned the investment as ecosystem development rather than pure capital deployment, emphasizing their ability to funnel hackathon participants and accelerator companies to MetaDAO. The sponsored DAO track commitment ($50k-$80k value) represented immediate reciprocal value beyond the token purchase.

Significance

This represents one of the earliest institutional OTC acquisitions through futarchy governance, demonstrating that prediction markets can price complex multi-party agreements with conditional terms. The vesting structure and multisig execution show how futarchy-governed DAOs handle treasury operations requiring operational security beyond pure market mechanisms.

Relationship to KB