- 131 sources → processed (matched to decisions/entities by proposal hash) - 72 sources → null-result (test/spam) - 109 sources → null-result (futardio unmatched, no KB output) - 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.) - 117 decisions get source_archive backlinks - 131 archive sources get derived_items forward links - Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A) Script: reconcile-sources.py (proposal hash matching + entity name matching) Co-Authored-By: Epimetheus <noreply@pentagon.ai>
61 lines
3 KiB
Markdown
61 lines
3 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Paystream: Futardio Fundraise"
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domain: internet-finance
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status: passed
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parent_entity: "[[paystream]]"
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platform: "futardio"
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proposal_url: "https://v1.metadao.fi/paystream/trade/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
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proposal_date: 2025-10-23
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resolution_date: 2025-10-27
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category: "fundraise"
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summary: "Paystream raised through MetaDAO's Futardio platform achieving 11.2x oversubscription"
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key_metrics:
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funding_target: "$550,000"
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total_committed: "$6,149,247"
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final_raise: "$750,000"
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oversubscription_ratio: 11.2
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token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta"
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tracked_by: rio
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created: 2026-03-11
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source_archive: "inbox/archive/2025-10-23-futardio-launch-paystream.md"
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---
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# Paystream: Futardio Fundraise
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## Summary
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Paystream launched a futarchy-governed fundraise on Futardio targeting $550K and received $6.15M in commitments (11.2x oversubscription), ultimately raising $750K. The protocol unifies peer-to-peer lending, leveraged liquidity provisioning, and yield routing into a capital-efficient engine for Solana DeFi.
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## Market Data
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- **Outcome:** Passed (Complete)
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- **Launch Date:** 2025-10-23
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- **Close Date:** 2025-10-27
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- **Target:** $550,000
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- **Committed:** $6,149,247
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- **Final Raise:** $750,000
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- **Oversubscription:** 11.2x
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## Project Description
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Paystream is a modular Solana protocol that matches lenders and borrowers at fair mid-market rates, eliminating the wide APY spreads in pool-based models like Kamino and Juplend. The system routes capital through automated leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, and DAMM v2 pools, ensuring zero idle funds.
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## Significance
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This launch demonstrates continued strong demand for futarchy-governed fundraises on the Futardio platform, with oversubscription ratios exceeding 11x. The capital efficiency narrative (eliminating idle capital, tighter spreads) resonates with DeFi investors seeking yield optimization infrastructure.
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## Relationship to KB
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- [[paystream]] — parent entity
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- [[futardio]] — launch platform
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- [[metadao]] — governance infrastructure provider
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- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context
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## Full Proposal Text
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*Source: futard.io, launched 2025-10-23*
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Paystream: Liquidity Optimizer for Solana. Modular protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing.
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**Core Value:** Matches lenders and borrowers at fair mid-market rates. Automates routing and leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, DAMM v2 pools. Eliminates wide APY spreads in pool-based models (Kamino, Juplend). Capital-efficient engine where every dollar is always moving/earning.
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**Raise:** Target $550,000. Total committed: $6,149,247. Final raise: $750,000 (11.2x oversubscribed). Closed 2025-10-27.
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**Token:** PAYS (PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta). Website: paystream.finance
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