m3taversal
1a31bc0f4d
Changes that missed PR #1750 merge: Dean's List (8 records): - 6 full text backfills + 2 new (Treasury De-Risking, Liquidity Fee Structure) ORE (4 records): - 2 full text backfills + 2 new (USDC-ORE Boost, Sublinear Supply Function) coal (4 records): - 4 full text backfills URL migration (75 files): - All proposal_url fields migrated from dead futard.io to v1.metadao.fi - Pattern: futard.io/proposal/{key} → v1.metadao.fi/{project}/trade/{key} - futard.io returns 404; v1.metadao.fi returns 200 Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
3.5 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | Dean's List: Enhancing The Dean's List DAO Economic Model | internet-finance | passed | deans-list | futardio | IslandDAO | https://v1.metadao.fi/deans-list/trade/5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp | 2024-07-18 | 2024-07-22 | treasury | Transition from USDC to $DEAN token payments for contributors while maintaining USDC DAO tax to create buy pressure | rio | 2026-03-11 |
Dean's List: Enhancing The Dean's List DAO Economic Model
Summary
The proposal restructures The Dean's List DAO's payment model to charge clients in USDC, use 80% of revenue to purchase $DEAN tokens, distribute those tokens to DAO citizens as payment, and retain 20% DAO tax in USDC. The model aims to create consistent buy pressure on $DEAN while hedging treasury against token volatility.
Market Data
- Outcome: Passed
- Proposer: IslandDAO
- Resolution: 2024-07-22
- Proposal Account: 5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp
Economic Model
- Revenue Structure: 2500 USDC per dApp review, targeting 6 reviews monthly (15,000 USDC/month)
- Tax Split: 20% to treasury in USDC (3,000 USDC/month), 80% to $DEAN purchases (12,000 USDC/month)
- Daily Flow: 400 USDC daily purchases → ~118,694 $DEAN tokens
- Sell Pressure: Assumes 80% of distributed tokens sold by contributors (94,955 $DEAN daily)
- Net Impact: Modeled 5.33% FDV increase vs 3% TWAP requirement
Significance
This proposal demonstrates futarchy pricing a specific operational business model with quantified buy/sell pressure dynamics. The structured approach—USDC revenue → token purchases → contributor distribution → partial sell-off—creates a measurable feedback loop between DAO operations and token price. The 20% USDC tax hedge shows hybrid treasury management within futarchy governance.
Relationship to KB
- deans-list - treasury and payment restructuring
- 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 - TWAP settlement mechanics
- futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs - operational model pricing
Full Proposal Text
Source: futard.io, tabled 2024-07-18
The proposed model involves continuing to charge clients in USDC and using the collected USDC to purchase $DEAN tokens. These tokens will be distributed to DAO citizens as payment for their work, replacing USDC payments. The DAO tax will remain in USDC to hedge against $DEAN price fluctuations. This creates constant buying pressure on the $DEAN token.
Example: DAO Tax @ 20%, Cost of dApp review 2500 $USDC
- 500 $USDC goes to the treasury
- 2000 $USDC used for purchasing $DEAN tokens (560k $DEAN, price goes up)
- DAO Citizens paid 560k $DEAN; 80% sell to pay bills (448k $DEAN hits market)
- Price always achieves a higher low on each cycle
Detailed Analysis
- Current FDV: $337,074
- Daily Trading Volume: $500
- Circulating Supply: 100,000,000 $DEAN
- Current Price: $0.00337
With 400 USDC daily purchase (80% increase in buy volume), estimated 24% price increase, 15% decrease from sell pressure.
- Initial FDV: $337,074 → New FDV: $355,028 (5.33% increase)
- Exceeds TWAP 3% requirement ($347,186)