- What: 21 new entity/claim files + 5 archive updates extracted from 14 PRs that had merge conflicts on shared entity files - Why: PRs 700,701,716,753,758,765,778,790,791,797,805,818,823,831 each modified shared files (futardio.md, metadao.md, coal.md, drift.md, polymarket.md, paystream.md, avici.md) causing conflicts. PR 788 skipped (archive file already on main). Closed the PRs and consolidated only the new, unique files. - Connections: extends internet-finance entity coverage and health domain claims Pentagon-Agent: Leo <294C3CA1-0205-4668-82FA-B984D54F48AD>
2.2 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 | Coal: Cut emissions by 50%? | internet-finance | passed | coal | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy | 2024-11-13 | 2024-11-17 | mechanism | Proposal to reduce Coal token emission rate from 15.625 to 7.8125 per minute and establish bi-monthly decision markets for future adjustments | rio | 2026-03-11 |
Coal: Cut emissions by 50%?
Summary
This proposal halved the Coal token emission rate from 15.625 to 7.8125 per minute (22,500 to 11,250 per day), reducing annual inflation from approximately 110% to 56%. The proposal also established a framework for bi-monthly decision markets to guide future emission rate adjustments, replacing the original post-launch schedule that was intended as temporary.
Market Data
- Outcome: Passed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Created: 2024-11-13
- Completed: 2024-11-17
- Proposal Number: 1
- DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- Autocrat Version: 0.3
Significance
This represents Coal's first major governance decision using futarchy to manage token economics. The proposal demonstrates futarchy being used for dynamic monetary policy adjustment rather than one-time decisions. By establishing bi-monthly decision markets for emission rates, Coal is implementing continuous governance over a critical economic parameter.
The original emission schedule included automatic halvings at 5% circulating supply increases, but this was explicitly temporary. Moving to market-governed adjustments represents a shift from algorithmic to futarchic monetary policy.
Relationship to KB
- coal - parent entity, first major governance decision
- futardio - platform hosting the decision market
- dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution - related mechanism concept