35ded574c9
- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
35 lines
No EOL
1.6 KiB
Markdown
35 lines
No EOL
1.6 KiB
Markdown
---
|
|
type: entity
|
|
entity_type: company
|
|
name: "coal"
|
|
domain: internet-finance
|
|
status: active
|
|
tracked_by: rio
|
|
created: 2026-03-11
|
|
key_metrics:
|
|
total_supply: "25,000,000 COAL (post-expansion)"
|
|
initial_supply: "21,000,000 COAL"
|
|
supply_increase: "4,000,000 COAL (one-time)"
|
|
airdrop_allocation: "971,880 COAL"
|
|
dev_fund_allocation: "3,028,120 COAL"
|
|
eligible_wallets: 2314
|
|
airdrop_amount_per_wallet: "420 COAL"
|
|
min_meta_holding: "$100 USD notional"
|
|
snapshot_date: "2025-10-12"
|
|
monthly_disbursement_cap: "30,000 COAL"
|
|
large_grant_threshold: "69,000 COAL"
|
|
---
|
|
|
|
# coal
|
|
|
|
$coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana post-Ore transition. The project operates through minechain.gg and transitioned to v0.6 DAO governance with futarchy AMM, DAO treasury, and structured proposal mechanisms.
|
|
|
|
## Timeline
|
|
- **2025-10-12** — Snapshot taken for $META holder airdrop eligibility (2,314 wallets holding ≥$100 META)
|
|
- **2025-10-15** — [[coal-lets-get-futarded]] proposal created: one-time airdrop of 420 $coal per eligible META holder, supply expansion from 21M to 25M tokens, and establishment of Development Fund with 3,028,120 COAL allocation
|
|
- **2025-10-18** — [[coal-lets-get-futarded]] passed: approved airdrop, supply increase, Development Fund with monthly 30K COAL disbursement cap to lead dev Grant, and migration to v0.6 DAO governance with futarchy AMM
|
|
|
|
## Relationship to KB
|
|
- [[futardio]] — governance platform
|
|
- [[MetaDAO]] — ecosystem relationship through META holder airdrop
|
|
- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies futarchy memecoin model |