teleo-codex/decisions/internet-finance/marinade-sam-bids-mnde-stakers.md
m3taversal 0a95c028cc rio: batch 4 — 26 new decision records for 10 projects
New decision records with full proposal text for projects that previously
had zero governance documentation in the KB.

Omnipair (4):
- OMFG-001: Increase Allowance to $50K/mo (Passed, 2025-10-03)
- OMFG-002: Fund Security Audits $64K (Passed, 2025-10-31)
- OMFG-003: Migrate to V0.6 (Passed, 2026-02-16)
- OMFG-004: Strategic Ecosystem Investment $20K (Passed, 2026-03-12)

Ranger (3):
- ICO Launch: $86.4M committed, $6M min (Complete, 2026-01-06)
- $2M Buyback at NAV (Passed, 2026-01-12)
- Liquidation: contested, citing misrepresentation (Passed, 2026-03-02)

Solomon (3):
- ICO Launch: $102.9M committed, $8M raised (Complete, 2025-11-14)
- DP-00001: Treasury Subcommittee + $150K Legal (Passed, 2026-03-05)
- DP-00002: SOLO Acquisition + Incentives Reserve (Passed, 2026-03-13)

Loyal (3):
- ICO Launch: $75.9M committed (Complete, 2025-10-18)
- $1.5M Buyback at NAV (Passed, 2025-11-26)
- Liquidity Adjustment: burn 810K tokens (Passed, 2025-12-23)

ZKLSOL (4):
- ICO Launch: $969K raised (Complete, 2025-10-20)
- Burn Team Performance Package (Passed, 2025-11-22)
- $200K Buyback (Passed, 2026-01-16)
- Restructuring Proposal (Passed, 2026-02-07)

Umbra (3):
- ICO Launch: $154.9M committed, $3M raised (Complete, 2025-10-06)
- UMBRA-001: Fund Security Audits $105K (Passed, 2025-11-12)
- Road to Mainnet operational expansion (Passed, 2026-01-13)

Futardio cult (3):
- ICO Launch: $11.4M committed (Complete, 2026-03-03)
- FUTARDIO-001: Omnibus — 90% token burn + $50/mo spend (Passed, 2026-03-04)
- $10K Meteora DLMM Liquidity Pool (Passed, 2026-03-17)

Kyros (1):
- Burn 4.42M unclaimed airdrop tokens (Passed, 2026-01-13)

Jito DAO (1):
- JTO Vault / TipRouter NCN per JIP-10 (Passed, 2025-01-13)

Marinade (1):
- SAM Bid Routing to MNDE Stakers per MIP.5 (Passed, 2025-02-04)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:46:19 +00:00

43 lines
2 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?"
domain: internet-finance
status: passed
parent_entity: "[[marinade]]"
platform: "futardio"
proposer: "Marinade community"
proposal_url: "https://v1.metadao.fi/marinade/trade/DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF"
proposal_date: 2025-02-04
resolution_date: 2025-02-07
category: "mechanism"
summary: "Adopt performance fee routing from SAM bids to MNDE-Enhanced Stakers per MIP.5 — Marinade's first use of futarchy"
tracked_by: rio
created: 2026-03-24
---
# Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?
## Summary
Marinade used MetaDAO's futarchy mechanism to decide whether to implement MIP.5 — routing a percentage of SAM (Stake Auction Marketplace) bids to MNDE-Enhanced Stakers who actively stake to validators with winning bids. This creates a direct revenue share between Marinade's staking marketplace and MNDE governance token holders.
## Market Data
- **Outcome:** Passed
- **Proposal Account:** DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF
- **Duration:** 2025-02-04 to ~2025-02-07
- **Reference:** MIP.5 on Marinade governance forum
## Significance
Marinade is one of Solana's largest liquid staking protocols. Using futarchy for a revenue-sharing mechanism decision demonstrates FaaS adoption for consequential economic design choices, not just operational governance. The proposal creates a direct link between staking behavior and governance token value — exactly the kind of incentive alignment futarchy is designed to optimize.
## Relationship to KB
- [[marinade]] — parent entity (new entity needed)
- [[futardio]] — governance platform
## Full Proposal Text
*Source: futard.io, tabled 2025-02-04*
If approved, this proposal would sanction the development and implementation of performance fee routing to MNDE-Enhanced Stakers according to the specifications laid out in MIP.5.
Reference: https://forum.marinade.finance/t/mip-5-sam-bid-routing-to-mnde-stakers/1700