1b098a5db1
- Source: inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2.4 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 | Sanctum: Should Sanctum offer investors early unlocks of their CLOUD? | internet-finance | failed | sanctum | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX | 2025-08-20 | 2025-08-23 | treasury | Proposal to allow investors to unlock vested CLOUD immediately by forfeiting 35% to Team Reserve | rio | 2026-03-11 |
Sanctum: Should Sanctum offer investors early unlocks of their CLOUD?
Summary
This proposal would have empowered the Sanctum Team to offer investors immediate unlocks of their vesting CLOUD tokens in exchange for forfeiting 35% of their holdings to the Team Reserve. With 9% of token supply unlocking monthly over 24 months, the mechanism could have increased the Team Reserve by up to 27 million CLOUD while reducing token overhang. The team committed not to redistribute forfeited tokens for at least 24 months.
Market Data
- Outcome: Failed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Platform: Futardio (MetaDAO Autocrat v0.3)
- Proposal Account: C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX
- DAO Account: GVmi7ngRAVsUHh8REhKDsB2yNftJTNRt5qMLHDDCizov
Significance
This proposal represents an alternative to standard time-based vesting through a forfeit-for-liquidity mechanism. Rather than allowing investors to hedge their lockups while maintaining locked appearance, it forces a revealed preference: investors wanting liquidity must pay a concrete 35% cost. The mechanism design attempts to make vesting meaningful through economic sacrifice rather than time restrictions. The proposal's failure may indicate either investor satisfaction with existing vesting terms or reluctance to accept the forfeit cost.
Relationship to KB
- sanctum - parent entity governance decision
- time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked - alternative mechanism to hedgeable vesting
- futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements - demonstrates proposal complexity friction