27fd3d6ed2
Pipeline auto-fixer: removed [[ ]] brackets from links that don't resolve to existing claims in the knowledge base.
25 lines
1.1 KiB
Markdown
25 lines
1.1 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Coal"
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domain: internet-finance
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status: active
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platform: solana
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governance_model: futarchy
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal
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## Overview
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Coal is a futarchy-governed token project on Solana using [[futardio]] for governance. The project uses dynamic emission rate adjustments governed by bi-monthly decision markets rather than fixed algorithmic schedules. Coal represents an experiment in market-governed monetary policy for crypto tokens.
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## Timeline
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- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: First major governance decision halved emission rate from 15.625 to 7.8125 per minute, reducing annual inflation from ~110% to ~56%
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- **2024-11-17** — Emission rate reduction completed, establishing bi-monthly decision market framework for future adjustments
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## Relationship to KB
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- [[futardio]] - governance platform
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- MetaDAO - futarchy infrastructure provider
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- [[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
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