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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | key_metrics | tags | tracked_by | created | last_updated | |||||||||||||||
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| decision | decision_market | MetaDAO: Develop a Saber Vote Market? | internet-finance | passed | metadao | metadao | Proph3t | https://v1.metadao.fi/metadao/trade/GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3TYM | 2023-12-16 | 2023-12-22 | strategy | Proposal 2 — Pivot from Marinade to Saber vote market. $150K funded by ecosystem consortium (UXD, BlazeStake, LP Finance, Saber). MetaDAO would own majority of platform. Budget: $62K for 2-month build. Team: Matt (contracts), Marie (UI), Durden (design), Proph3t (PM), joe + r0bre (audit). |
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rio | 2026-03-11 | 2026-03-24 |
MetaDAO: Develop a Saber Vote Market?
Summary & Connections
Proposal 2 — pivot from Marinade to Saber vote market. After Proposal 0 (metadao-develop-lst-vote-market) passed for a Marinade bribe platform, Marinade started building internally. Proph3t pivoted to Saber, which wanted MetaDAO to build their vote market instead. $150K funded by ecosystem consortium (UXD, BlazeStake, LP Finance, Saber). MetaDAO owns majority of platform. $62K budget for 2-month build.
Outcome: Passed (~2023-12-22).
Connections:
- Shows MetaDAO's early pivot speed: Proposal 0 → learn Marinade building internally → pivot to Saber within weeks. The futarchy mechanism doesn't lock the organization into prior decisions.
- The consortium funding model ($150K from ecosystem partners) is the precursor to the FaaS/launchpad business model — partners fund MetaDAO to build governance infrastructure they need
- Financial projections based on Curve/Aura/Votium comparisons: $1 in vote trade volume per $50 TVL, 5-15% take rate. This analysis template became standard for subsequent business proposals.
- The team assembled (Matt/contracts, Marie/UI, Durden/design, joe+r0bre/audit, Proph3t/PM) shows MetaDAO as a builder collective, not just a governance experiment
Full Proposal Text
[Full text preserved from source — see inbox/archive/internet-finance/2023-12-16-futardio-proposal-develop-a-saber-vote-market.md for complete proposal including design details, Votium comparison, financial projections, timeline, and budget breakdown]
Overview
It looks like things are coming full circle. Here, I propose that we build a vote market as we proposed in proposal 0, only for Saber instead of Marinade. The proposed platform would allow veSBR holders to earn extra yield, and projects wanting liquidity could easily pay for it.
Key details:
- $150K funded by ecosystem consortium (UXD, BlazeStake, LP Finance, Saber)
- MetaDAO owns 65% of platform (assuming 10% airdrop/liquidity mining)
- Budget: $62K total — Matt $24K (contracts), Marie $12K (UI), Durden $7K (design), Proph3t $7K (PM), r0bre $5K (audit), joe $5K (audit), $1K deploy, $1K misc
- Remaining $90K custodied by MetaDAO treasury for platform management/operations
- Timeline: Dec 11 2023 → Feb 19 2024 launch (10 weeks including 2-week holiday)
- Revenue model: 10% take rate on vote trade volume, potentially $50-$1K ARPU/month
Raw Data
- Proposal account:
GPT8dFcpHfssMuULYKT9qERPY3heMoxwZHxgKgPw3G9 - Proposal number: 2
- DAO account:
3wDJ5g73ABaDsL1qofF5jJqEJU4RnRQrvzRLkSnFc5di - Proposer:
HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz - Autocrat version: 0.1
- Completed: ~2023-12-22
Relationship to KB
- metadao — parent entity, early product pivot
- metadao-develop-lst-vote-market — Proposal 0 that led to this pivot