teleo-codex/decisions/internet-finance/marinade-sam-bids-mnde-stakers.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

2.1 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 Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers? internet-finance passed marinade futardio Marinade community https://v1.metadao.fi/marinade/trade/DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF 2025-02-04 2025-02-07 mechanism Adopt performance fee routing from SAM bids to MNDE-Enhanced Stakers per MIP.5 — Marinade's first use of futarchy rio 2026-03-24 inbox/archive/2025-02-04-futardio-proposal-should-a-percentage-of-sam-bids-route-to-mnde-stakers.md

Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?

Summary

Marinade used MetaDAO's futarchy mechanism to decide whether to implement MIP.5 — routing a percentage of SAM (Stake Auction Marketplace) bids to MNDE-Enhanced Stakers who actively stake to validators with winning bids. This creates a direct revenue share between Marinade's staking marketplace and MNDE governance token holders.

Market Data

  • Outcome: Passed
  • Proposal Account: DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF
  • Duration: 2025-02-04 to ~2025-02-07
  • Reference: MIP.5 on Marinade governance forum

Significance

Marinade is one of Solana's largest liquid staking protocols. Using futarchy for a revenue-sharing mechanism decision demonstrates FaaS adoption for consequential economic design choices, not just operational governance. The proposal creates a direct link between staking behavior and governance token value — exactly the kind of incentive alignment futarchy is designed to optimize.

Relationship to KB

  • marinade — parent entity (new entity needed)
  • futardio — governance platform

Full Proposal Text

Source: futard.io, tabled 2025-02-04

If approved, this proposal would sanction the development and implementation of performance fee routing to MNDE-Enhanced Stakers according to the specifications laid out in MIP.5.

Reference: https://forum.marinade.finance/t/mip-5-sam-bid-routing-to-mnde-stakers/1700