teleo-codex/entities/internet-finance/drift-fund-artemis-labs-dashboards.md
Teleo Agents 1f7ba7a822 rio: extract from 2024-07-01-futardio-proposal-fund-artemis-labs-data-and-analytics-dashboards.md
- Source: inbox/archive/2024-07-01-futardio-proposal-fund-artemis-labs-data-and-analytics-dashboards.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 03:48:10 +00:00

3 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
entity decision_market Drift: Fund Artemis Labs Data and Analytics Dashboards internet-finance failed drift futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://www.futard.io/proposal/G95shxDXSSTcgi2DTJ2h79JCefVNQPm8dFeDzx7qZ2ks 2024-07-01 2024-07-05 grants Proposal to grant Artemis Labs $50K in DRIFT tokens over 12 months to build and maintain comprehensive protocol analytics dashboards rio 2026-03-11
requested_amount duration review_period autocrat_version
$50K USD (max 115K DRIFT tokens) 12 months 6 months 0.3

Drift: Fund Artemis Labs Data and Analytics Dashboards

Summary

Artemis Labs proposed a 12-month partnership to build comprehensive analytics dashboards for Drift Protocol, requesting $50K USD in DRIFT tokens (capped at 115K tokens) distributed linearly over the period. The proposal included deeper perpetual protocol metrics (open interest, fees, funding rates), unique trader analytics, liquidity metrics by market, and deposit trends. Artemis committed to open-source dashboards, independent research publication, and bi-monthly community updates. The DAO retained the right to terminate after 6 months if deliverables were unsatisfactory. The proposal failed on 2024-07-05.

Market Data

  • Outcome: Failed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Proposal Account: G95shxDXSSTcgi2DTJ2h79JCefVNQPm8dFeDzx7qZ2ks
  • DAO Account: 5vVCYQHPd8o3pGejYWzKZtnUSdLjXzDZcjZQxiFumXXx
  • Created: 2024-07-01
  • Completed: 2024-07-05
  • Autocrat Version: 0.3

Deliverables Proposed

  • Deeper perp protocol metrics: open interest, fees, revenue, average fees/trade, annualized funding rate
  • Unique trader metrics: exchange volume per trader, unique trader counts
  • Liquidity metrics: +2%/-2% liquidity by perp market, price fill for 100K orders
  • Deposit metrics: average deposit size, deposit trends, lending rates
  • Independent research piece on Drift Protocol shared with Artemis community
  • Open-source dashboards free for community use
  • Bi-monthly progress updates
  • Higher frequency data refresh (6-hour intervals vs 24-hour public S3 datalake)

Significance

This proposal demonstrates futarchy-governed grant allocation for protocol analytics infrastructure. The failure suggests either insufficient perceived value from third-party analytics, concerns about the $50K cost relative to deliverables, or preference for in-house data solutions. The proposal structure included performance-based termination rights after 6 months, showing governance mechanisms for managing vendor relationships.

Relationship to KB

  • drift — governance decision on analytics infrastructure investment
  • futardio — platform for futarchy-governed proposal
  • Example of DAO grant evaluation through conditional markets
  • Illustrates tension between third-party verification value and cost in DeFi governance