149cd16525
- Source: inbox/archive/2025-01-27-futardio-proposal-engage-in-500000-otc-trade-with-theia-2.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
2.2 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Engage in $500,000 OTC Trade with Theia? [2] | internet-finance | passed | metadao | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/3tApJXw2REQAZZyehiaAnQSdauVNviNbXsuS4inn8PAe | 2025-01-27 | 2025-01-30 | fundraise | Theia Research acquires 370.370 META tokens at $1,350 per token ($500K total) at 14% premium to spot, with 12-month linear vesting | rio | 2026-03-11 |
MetaDAO: Engage in $500,000 OTC Trade with Theia? [2]
Summary
Theia Research proposed to acquire 370.370 META tokens from the MetaDAO Treasury for $500,000 USDC at $1,350 per token, representing a 14% premium to spot price at proposal time. The tokens vest linearly over 12 months via Streamflow. Theia committed to active governance participation, research publication, roadshow support, and policy guidance as strategic value-add beyond capital.
Market Data
- Outcome: Passed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Proposal Date: 2025-01-27
- Resolution Date: 2025-01-30
- Deal Terms: 370.370 META at $1,350/token = $500,000 USDC
- Premium: 14% above spot price
- Vesting: 12-month linear via Streamflow
Significance
This is MetaDAO's second attempt at a Theia OTC deal (first proposal failed). The 14% premium demonstrates investor willingness to pay above-market for strategic position in futarchy infrastructure. Theia's value-add proposition (governance participation, research, roadshows, policy guidance) represents a model for strategic investor relationships in futarchy-governed DAOs. The proposal includes portfolio company references from Kamino and Metaplex attesting to Theia's active involvement model.
MetaDAO leadership (Proph3t) noted the $500K would extend runway and enable experimentation with decision markets on non-futarchic proposals plus growth spending on content.
Relationship to KB
- metadao - treasury fundraise via OTC token sale
- theia-research - strategic investment with governance participation commitment
- futardio - platform hosting the proposal