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 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: Update Liquidity Fee Structure | internet-finance | passed | deans-list | futardio | Dean's List team | https://v1.metadao.fi/deans-list/trade/B8WLuXqoBb3hRD9XBCNuSqxDqCXCixqRdKR4pVFGzNP | 2025-01-14 | 2025-01-17 | mechanism | Increase swap liquidity fee from 0.25% to 5% DLMM base fee, switch quote token from mSOL to SOL, creating tiered market structure | rio | 2026-03-24 |
Dean's List: Update Liquidity Fee Structure
Summary
Dean's List DAO approved increasing their swap liquidity fee from 0.25% dynamic pool to 5% DLMM base fee (up to 10%), switching quote token from mSOL to SOL, and establishing a tiered market structure where the DAO pool captures revenue from large trades needing deep liquidity while individual LPs serve smaller trades at lower fees.
Market Data
- Outcome: Passed
- Proposal Account: B8WLuXqoBb3hRD9XBCNuSqxDqCXCixqRdKR4pVFGzNP
- Duration: 2025-01-14 to ~2025-01-17
- Current Monthly Volume: 46,228 USDC (06 Dec - 06 Jan)
Revenue Impact
- Current daily fee revenue (0.25%): ~3.85 USDC
- Projected daily fee revenue (5%): ~77 USDC (20x increase)
- Conservative annual treasury growth: ~19,416 USDC
- Optimistic annual treasury growth: ~24,960 USDC
Significance
Demonstrates futarchy-governed fee optimization for a small DAO token. The proposal creates a novel tiered market structure where the DAO captures revenue from large trades needing liquidity depth while smaller trades flow to individual LP pools at lower fees, effectively incentivizing broader market-making participation.
Relationship to KB
- deans-list — parent entity, fee structure governance
- futardio — governance platform
Full Proposal Text
Source: futard.io, tabled 2025-01-14
Summary
Increase DAO swap liquidity fee from 0.25% dynamic pool to 5% DLMM base fee (up to 10%) to generate sustainable treasury revenue.
Rationale
Current 0.25% fee insufficient to generate meaningful treasury revenue, support operational costs, or build reserves. Average daily volume ~1,541 USDC generates minimal inflow.
Implementation
- Create DLMM pool with 5% base fee, bin step of 80
- Change quote token from mSOL to SOL
- Fee reclaiming done monthly by DAO treasurer (@1xraccoon)
Tiered Market Structure
- Large trades: prefer DAO pool (high liquidity, 5% fee, less slippage)
- Small trades: individual LP pools (lower fees ~0.25%)
- DAO captures revenue from large trades; contributors incentivized to provide smaller pools
Growth Scenarios (with fee increase)
| Scenario | Volume Change | Monthly Fee Revenue | Annual Growth |
|---|---|---|---|
| Conservative | -30% | 1,618 USDC | 19,416 USDC |
| Moderate | -20% | 1,849 USDC | 22,188 USDC |
| Optimistic | -10% | 2,080 USDC | 24,960 USDC |
TWAP Calculation
Current MCAP (-5% adjustment): $298,889 Pass threshold: $307,855 (MCAP + 3%)