m3taversal
1fec6a82fb
- What: Rewrote all remaining existing MetaDAO decision records with full verbatim proposal text, correct v1.metadao.fi URLs, Summary & Connections - Records (16): Q3 Roadmap, Create Spot Market, Multi-Option Proposals, Execute Spot Market, Hire Advaith, Hire Robin Hanson, Dutch Auction Liquidity, Migrate v0.1, Migrate v0.2, Migrate META Token, Release Launchpad, Services Agreement, Swap $150K ISC, Token Split (failed), Saber Vote Market, Create Futardio (failed) - This completes the backfill of ALL 27 existing MetaDAO governance decision records. Combined with batch 1 (5 new) and batch 2 (10 rewrites), all 32 MetaDAO governance proposals now have full text with correct URLs. - Only metadao-vc-discount-rejection remains without full source text (from Q1 2026 update, not Ben's API) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
68 lines
3.6 KiB
Markdown
68 lines
3.6 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "MetaDAO: Migrate Autocrat Program to v0.1?"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: metadao
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proposer: "Proph3t"
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proposal_url: "https://v1.metadao.fi/metadao/trade/AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi"
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proposal_date: 2023-12-03
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resolution_date: 2023-12-13
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category: mechanism
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summary: "Proposal 1 — First Autocrat upgrade. Configurable proposal slots, 3-day default duration. Migrated 990,000 META + 10,025 USDC + 5.5 SOL. Counterparty risk acknowledged: unverifiable build."
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key_metrics:
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proposal_number: 1
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proposal_account: "AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi"
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autocrat_version: "0"
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assets_migrated: "990,000 META + 10,025 USDC + 5.5 SOL"
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tags: [metadao, autocrat, migration, v0.1, passed]
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-24
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---
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# MetaDAO: Migrate Autocrat Program to v0.1?
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## Summary & Connections
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**Proposal 1 — first Autocrat upgrade.** Configurable proposal slot duration (default 3 days for quicker feedback). Migrated 990,000 META + 10,025 USDC + 5.5 SOL to new program. Proph3t explicitly acknowledged counterparty risk: unable to use solana-verifiable-build, so participants must trust he didn't introduce a backdoor.
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**Outcome:** Passed (2023-12-13).
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**Connections:**
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- The "trust me" counterparty risk disclosure is remarkably honest for a treasury migration. ~$990K+ in assets moved on trust in the developer. This is the kind of early-stage trade-off that [[metadao-autocrat-migration-accepted-counterparty-risk-from-unverifiable-builds-prioritizing-iteration-speed-over-security-guarantees]] documents.
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- 3-day default proposal duration became the standard — later formalized in v0.2 and v0.3. The [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] claim originates from this configuration.
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- "I didn't change that much of autocrat" — the incremental upgrade approach, as opposed to rewrites, became the pattern for all subsequent migrations.
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---
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## Full Proposal Text
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### Overview
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I've made some improvements to the autocrat program. Most importantly, I've made the slots per proposal configurable, and changed its default to 3 days to allow for quicker feedback loops.
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This proposal migrates the 990,000 META, 10,025 USDC, and 5.5 SOL from the treasury owned by the first program to the treasury owned by the second program.
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### Key risks
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**Smart contract risk:** There is a risk that the new program contains an important bug that the first one didn't. I consider this risk small given that I didn't change that much of autocrat.
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**Counter-party risk:** Unfortunately, for reasons I can't get into, I was unable to build this new program with solana-verifiable-build. You'd be placing trust in me that I didn't introduce a backdoor, not on the GitHub repo, that allows me to steal the funds. For future versions, I should always be able to use verifiable builds.
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---
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## Raw Data
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- Proposal account: `AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi`
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- Proposal number: 1
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- DAO account: `3wDJ5g73ABaDsL1qofF5jJqEJU4RnRQrvzRLkSnFc5di`
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- Proposer: `HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz`
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- Autocrat version: 0
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- Completed: 2023-12-13
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## Relationship to KB
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- [[metadao]] — parent entity, first protocol upgrade
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- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] — 3-day duration established here
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