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>
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| type | entity_type | name | domain | status | tracked_by | created | last_updated | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tags | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | MetaDAO: Develop Futarchy as a Service (FaaS) | internet-finance | passed | rio | 2026-03-11 | 2026-03-11 | metadao | futardio | 0xNallok | https://v1.metadao.fi/MetaDAO/trade/D9pGGmG2rCJ5BXzbDoct7EcQL6F6A57azqYHdpWJL9Cc | 2024-03-13 | 2024-03-19 | strategy | Fund $96K to build futarchy-as-a-service platform enabling other Solana DAOs to adopt futarchic governance |
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MetaDAO: Develop Futarchy as a Service (FaaS)
Summary
Nallok proposed building a Realms-like UI enabling any Solana DAO to create and participate in futarchic governance. Budget: $96K for 2 months ($40K USDC from treasury + 342 META to convert). Team: 1 smart contract engineer, 1 auditor, 2 UI/UX, 1 data/services developer, 1 project manager. This was MetaDAO's first product expansion beyond self-governance — the pivot from "futarchy for MetaDAO" to "futarchy for everyone."
Market Data
- Outcome: Passed (2024-03-19)
- Autocrat version: 0.1
- Key participants: 0xNallok (entrepreneur/PM), Proph3t (multisig), Nico (multisig)
Significance
This proposal marks MetaDAO's strategic pivot from a governance experiment to a platform business. The financial projections (5-100 DAO customers, $50-$500/proposal in taker fees, $50-$1,000/month licensing) reveal early business model thinking. The explicit goal of "vertical integration" and "owning the whole stack" shows Proph3t and Nallok's approach to defensibility.
Particularly notable: the monetization model (taker fees + licensing + consulting) anticipated the Futarchic AMM revenue model that would later become MetaDAO's primary income source. The FaaS concept directly led to Drift, Dean's List, and Future adopting futarchy.
Relationship to KB
- metadao — strategic pivot to platform
- MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale — FaaS was the first step toward this
- futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance — multisig custody of funds alongside futarchy approval
- futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements — FaaS aimed to reduce adoption friction
Relevant Entities:
- metadao — parent organization
- nallok — project entrepreneur
- proph3t — multisig member
- deans-list — early FaaS adopter
- drift — early FaaS adopter
Topics: