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teleo-codex/entities/internet-finance/coal-meta-pow-ore-treasury-protocol.md
Teleo Agents 139e48cc57 rio: extract from 2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md 
- Source: inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 11:58:54 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_account proposal_number proposal_date resolution_date category summary tracked_by created
entity decision_market COAL: Meta-PoW: The ORE Treasury Protocol internet-finance passed coal futardio futard.io https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg 4 2025-11-07 2025-11-10 mechanism Introduces Meta-PoW economic model that moves mining power into pickaxes and creates deterministic ORE treasury accumulation through INGOT smelting rio 2026-03-11

COAL: Meta-PoW: The ORE Treasury Protocol

Summary

The Meta-PoW proposal establishes COAL's core economic model by creating a loop where players craft pickaxes using COAL, INGOT, and WOOD; mine COAL with those pickaxes; and smelt INGOT by burning COAL and paying ORE to the treasury. The design makes tools evergreen (cheaper to repair than replace), concentrates all ORE payments at the smelting choke point, and uses dynamic license fees c(y) based on COAL/ORE price ratios to automatically throttle supply without governance intervention.

Market Data

  • Outcome: Passed
  • Proposer: futard.io
  • Proposal Account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
  • DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
  • Autocrat Version: 0.3
  • Created: 2025-11-07
  • Completed: 2025-11-10

Mechanism Design

The proposal implements three key economic mechanisms:

  1. Evergreen Tools: Pickaxes decay 4% daily if not repaired but cost only 0.082643 INGOT + 0.3 WOOD to repair versus 1 INGOT + 8 WOOD + c(y) COAL to recraft, incentivizing maintenance over churn

  2. Single ORE Choke Point: All ORE flows into treasury through INGOT smelting (12.10 ORE per INGOT), with no ORE charged at craft or repair, making treasury accumulation auditable and predictable

  3. Dynamic License Throttle: Pickaxe crafting requires burning c(y) = c0 * (y / y_ref)^p COAL where y = P_ORE / P_COAL, creating automatic supply adjustment (baseline: c0=200, y_ref=50, p=3, bounds 1-300)

Calibration targets ~1 ORE/day treasury inflow per fully maintained pickaxe.

Significance

This proposal demonstrates a specific implementation pattern for ownership coins: using token burn mechanics and external asset accumulation to create self-regulating economic loops. The cubic price-ratio exponent in the license fee and the repair-versus-replace economics are novel mechanism design choices that could inform future futarchy-governed token economies.

The proposal also shows MetaDAO's governance evolution—allowing "parameters to be slightly adjusted by the core team before launch, upon feedback from the community" rather than requiring new proposals for minor calibration changes.

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