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teleo-codex/decisions/internet-finance/deans-list-thailanddao-event-promotion.md
Teleo Agents 0da42ebbf1 schema: move 68 decision_market entities to decisions/internet-finance/ 
Separates governance decisions from entities. decision_market type replaced
by type: decision in new decisions/ directory. Entities (companies, people,
protocols) remain in entities/{domain}/.

Architecture: Leo (schema), Rio (taxonomy), Ganymede (migration), Rhea (ops)
Implemented by: Epimetheus

Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
2026-03-16 17:31:07 +00:00

3.9 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date autocrat_version category summary key_metrics tracked_by created
decision decision_market Dean's List: ThailandDAO Event Promotion to Boost Governance Engagement internet-finance failed deans-list futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://www.futard.io/proposal/DgXa6gy7nAFFWe8VDkiReQYhqe1JSYQCJWUBV8Mm6aM 2024-06-22 2024-06-25 0.3 grants Proposal to fund ThailandDAO event promotion with travel and accommodation for top 5 governance holders to increase DAO engagement
budget travel_allocation events_allocation required_twap_increase current_fdv projected_fdv trading_period top_tier_recipients second_tier_recipients
$15,000 $10,000 $5,000 3% $123,263 $2,000,000+ 3 days 5 50
rio 2026-03-11

Dean's List: ThailandDAO Event Promotion to Boost Governance Engagement

Summary

Proposal to create a promotional event at ThailandDAO (Sept 25 - Oct 25, Koh Samui) offering exclusive perks to top governance power holders: airplane fares and accommodation for top 5 members, event invitations and airdrops for top 50. The initiative aimed to increase governance participation by creating a leaderboard with real-world rewards and offering DL DAO contributors the option to receive payments in $DEAN tokens at a 10% discount.

Market Data

  • Outcome: Failed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Platform: Futardio (Autocrat v0.3)
  • Trading Period: 3 days (2024-06-22 to 2024-06-25)
  • Required TWAP Increase: 3% ($3,698 absolute)
  • Budget: $15K total ($10K travel, $5K events)

Financial Projections

The proposal projected significant FDV appreciation based on token lockup mechanics:

  • Current FDV: $123,263
  • Target FDV: $2,000,000+ (16x increase)
  • Mechanism: Members lock $DEAN tokens for multiple years to increase governance power and climb leaderboard
  • Expected token price appreciation: 15x (from $0.01 to $0.15)

The proposal calculated that only $73.95 in value creation per participant (50 participants) was needed to meet the 3% TWAP threshold, describing this as "achievable" and "small compared to the projected FDV increase."

Significance

This proposal is notable as a failure case for futarchy governance:

  1. Favorable economics didn't guarantee passage — Despite projecting 16x FDV increase with only $15K cost and a low 3% threshold, the proposal failed to attract sufficient trading volume

  2. Plutocratic incentive structure — Winner-take-all rewards (top 5 get $2K+ each, next 45 get unspecified perks, rest get nothing) may have discouraged broad participation

  3. Complexity as friction — The proposal included token lockup mechanics, governance power calculations, leaderboard dynamics, payment-in-DEAN options, and multi-phase rollout, increasing evaluation costs for traders

  4. Small DAO liquidity challenges — With FDV at $123K, the absolute dollar amounts may have been too small to attract professional traders even when percentage returns were attractive

The proposal was modeled on MonkeDAO and SuperTeam precedents, framing DAO membership as access to "exclusive gatherings, dining in renowned restaurants, and embarking on unique cultural experiences."

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