teleo-codex/decisions/internet-finance/futardio-fund-rug-bounty-program.md
Teleo Pipeline f70720aa78 reconcile: mark 312 archive sources, add 300 bidirectional links
- 131 sources → processed (matched to decisions/entities by proposal hash)
- 72 sources → null-result (test/spam)
- 109 sources → null-result (futardio unmatched, no KB output)
- 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.)
- 117 decisions get source_archive backlinks
- 131 archive sources get derived_items forward links
- Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A)

Script: reconcile-sources.py (proposal hash matching + entity name matching)

Co-Authored-By: Epimetheus <noreply@pentagon.ai>
2026-03-27 13:40:24 +00:00

3.7 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created source_archive
decision decision_market FutureDAO: Fund the Rug Bounty Program internet-finance passed futardio futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://v1.metadao.fi/futuredao/trade/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt 2024-06-14 2024-06-19 grants Proposal to fund RugBounty.xyz platform development with $5,000 USDC to help crypto communities recover from rug pulls through bounty-incentivized token migrations rio 2026-03-11 inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md

FutureDAO: Fund the Rug Bounty Program

Summary

Proposal to allocate $5,000 USDC from FutureDAO treasury to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project victims to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising over 60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team (S.E.R.T.)".

Market Data

  • Outcome: Passed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Proposal Number: 2
  • Completed: 2024-06-19
  • Ended: 2024-06-17

Budget Breakdown

  • Platform Development: $3,000 USDC
  • Website: $1,000 USDC
  • QA: $1,000 USDC
  • Operational Costs (API & Hosting): $1,000+
  • $FUTURE bounties: TBD based on project scope

Mechanism Design

The Rug Bounty Program creates a structured recovery process:

  1. Bounty creation with project details and reward structure
  2. Community onboarding through Telegram, Discord, Twitter Spaces
  3. Multi-sig setup for token migrator (trust verification)
  4. Success threshold: 60% of presale target raised in SOL
  5. Bounty claim awarded to facilitator(s)

Significance

This proposal represents FutureDAO's expansion from pure infrastructure provider to community protection service. The bounty mechanism aligns incentives for community organizers to facilitate recoveries while driving adoption of FutureDAO's Token Migration tool. The "S.E.R.T." branding positions the DAO as crisis response infrastructure for Solana ecosystem.

Relationship to KB

Timeline

  • 2024-06-14futardio-fund-rug-bounty-program passed: Approved $5K USDC funding for RugBounty.xyz platform development to incentivize community recovery from rug pulls

Full Proposal Text

Source: futard.io, tabled 2024-06-14

Fund FutureDAO's Rug Bounty Program (RugBounty.xyz) — a novel product to protect and empower communities affected by rug pulls.

Budget: $5,000 USDC from FutureDAO treasury.

  • Platform Development: $3,000
  • Website: $1,000
  • QA: $1,000
  • API & Hosting: $1,000+
  • $FUTURE bounties: TBD

Mechanism: Incentivizes individuals to onboard rugged project communities to FutureDAO's Token Migration tool.

Process:

  1. Bounty creation with project details and rewards
  2. Community onboarding via Telegram, Discord, Twitter Spaces
  3. Multi-sig setup for trust
  4. Success threshold: 60% of presale target raised in SOL
  5. Bounty claim awarded to facilitators

Financial Projections: If 8 project migrations in first year: 3 projects <$1M at 2% fee ($60K), 4 projects <$5M at 1.5% fee ($120K), 1 project <$20M at 1% fee ($50K) = $270K total.

Positioning: FutureDAO as "S.E.R.T." (Solana Emergency Response Team).