teleo-codex/decisions/internet-finance/solomon-treasury-subcommittee.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

40 lines
2.6 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "Solomon: DP-00001 — Treasury Subcommittee and Legal Budget"
domain: internet-finance
status: passed
parent_entity: "[[solomon]]"
platform: "futardio"
proposer: "Solomon team"
proposal_url: "https://www.metadao.fi/projects/solomon/proposal/8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK"
proposal_date: 2026-03-05
resolution_date: 2026-03-08
category: "operations"
summary: "Fund $150K capped legal/compliance budget in segregated wallet and nominate pre-formation treasury subcommittee for readiness work"
tracked_by: rio
created: 2026-03-24
---
# Solomon: DP-00001 — Treasury Subcommittee and Legal Budget
## Summary
First Solomon governance proposal. Funds a capped $150K legal and compliance budget in a segregated wallet (legal work only). Nominates a pre-formation treasury subcommittee for readiness work only — no authority to move treasury funds. Part of a staged proposal series to deploy the DAO treasury under explicit controls: DP-00001 (legal + committee), followed by proposals defining permitted capital policy actions and then activating delegated authority with strict limits and reporting.
## Market Data
- **Outcome:** Passed
- **Proposal Account:** 8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK
- **Duration:** 2026-03-05 to ~2026-03-08
## Significance
Most sophisticated governance scaffolding observed in a FaaS-launched project. The staged proposal series (legal foundation → policy framework → delegated authority) mirrors traditional corporate governance formation while using futarchy for each approval step. The segregated wallet with use restrictions demonstrates that futarchy-governed DAOs can implement granular treasury controls beyond simple yes/no spending decisions.
## Relationship to KB
- [[solomon]] — parent entity, first governance decision
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — strongest evidence yet
## Full Proposal Text
*Source: metadao.fi, tabled 2026-03-05*
This proposal series sets up a staged path to deploy the DAO treasury under explicit controls. DP-00001 does two things: funds a capped $150K legal and compliance budget in a segregated wallet (only for legal, regulatory, and compliance work), and nominates a pre-formation treasury subcommittee for readiness work only (no authority to move treasury funds). Follow-on proposals define permitted capital policy actions and, once the Company is formed, designate the Treasury Account and activate delegated authority with strict limits and required reporting.