0f5e42a794
- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | key_metrics | tracked_by | created | ||||||||
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| entity | decision_market | MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months | internet-finance | passed | metadao | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW | 2024-03-26 | 2024-03-31 | strategy | Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor compensation for three months to accelerate decision-making. |
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rio | 2026-03-11 |
MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
Summary
This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to address MetaDAO's slow execution speed caused by costly proposal processes. The appointment included authority over retroactive compensation (December 2023 - March 2024), ongoing business operations, contributor compensation, and exceptional use grants for code licenses.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Proposal Number: 14
- Completed: 2024-03-31
- Compensation: 1015 META and 100,000 USDC (covering 4 months retroactive + 3 months forward)
Significance
This proposal represents a critical governance transition where MetaDAO temporarily suspended its futarchy mechanism in favor of benevolent dictatorship to overcome execution bottlenecks. The proposers explicitly framed failure as reducing MetaDAO's success probability by over 20%, indicating this was viewed as an existential decision point. The proposal consolidated authority over compensation, operations, project management, security improvements, and licensing decisions under two individuals.
The OKRs included completing 10 GitHub issues per week and handling retroactive compensation within one week of passage. Notably, compensation would come from multisigs rather than the DAO treasury directly, and META would likely be issued in 5-year locked form.
Relationship to KB
- metadao - governance decision shifting from futarchy to temporary dictatorship
- proph3t - appointed as co-leader
- nallok - appointed as co-leader
- 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 being temporarily bypassed