New decision records with full proposal text for projects that previously had zero governance documentation in the KB. Omnipair (4): OMFG-001 through OMFG-004 Ranger (3): ICO launch + $2M buyback + contested liquidation Solomon (3): ICO launch ($102.9M committed) + DP-00001 + DP-00002 Loyal (3): ICO launch ($75.9M committed) + buyback + liquidity adjustment ZKLSOL (4): ICO launch + team burn + buyback + restructuring Umbra (3): ICO launch + security audits + mainnet expansion Futardio cult (3): ICO launch + omnibus (90% token burn) + liquidity pool Kyros (1): Burn 4.42M unclaimed airdrop Jito DAO (1): JTO Vault / TipRouter NCN (JIP-10) Marinade (1): SAM Bid Routing to MNDE Stakers (MIP.5) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
43 lines
2 KiB
Markdown
43 lines
2 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?"
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domain: internet-finance
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status: passed
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parent_entity: "[[marinade]]"
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platform: "futardio"
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proposer: "Marinade community"
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proposal_url: "https://v1.metadao.fi/marinade/trade/DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF"
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proposal_date: 2025-02-04
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resolution_date: 2025-02-07
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category: "mechanism"
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summary: "Adopt performance fee routing from SAM bids to MNDE-Enhanced Stakers per MIP.5 — Marinade's first use of futarchy"
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tracked_by: rio
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created: 2026-03-24
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---
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# Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?
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## Summary
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Marinade used MetaDAO's futarchy mechanism to decide whether to implement MIP.5 — routing a percentage of SAM (Stake Auction Marketplace) bids to MNDE-Enhanced Stakers who actively stake to validators with winning bids. This creates a direct revenue share between Marinade's staking marketplace and MNDE governance token holders.
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## Market Data
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- **Outcome:** Passed
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- **Proposal Account:** DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF
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- **Duration:** 2025-02-04 to ~2025-02-07
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- **Reference:** MIP.5 on Marinade governance forum
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## Significance
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Marinade is one of Solana's largest liquid staking protocols. Using futarchy for a revenue-sharing mechanism decision demonstrates FaaS adoption for consequential economic design choices, not just operational governance. The proposal creates a direct link between staking behavior and governance token value — exactly the kind of incentive alignment futarchy is designed to optimize.
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## Relationship to KB
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- [[marinade]] — parent entity (new entity needed)
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- [[futardio]] — governance platform
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## Full Proposal Text
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*Source: futard.io, tabled 2025-02-04*
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If approved, this proposal would sanction the development and implementation of performance fee routing to MNDE-Enhanced Stakers according to the specifications laid out in MIP.5.
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Reference: https://forum.marinade.finance/t/mip-5-sam-bid-routing-to-mnde-stakers/1700
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