3d119badef
- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
60 lines
3 KiB
Markdown
60 lines
3 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW"
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proposal_date: 2024-03-26
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resolution_date: 2024-03-31
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category: "strategy"
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summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor payments to accelerate MetaDAO execution."
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key_metrics:
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compensation_requested_meta: 1015
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compensation_requested_usdc: 100000
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retroactive_months: 4
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forward_months: 3
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estimated_success_impact: "-20% if failed"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
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## Summary
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This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) to bypass the slow proposal process and accelerate MetaDAO's execution. The appointment covered retroactive compensation for December-March and forward compensation for April-June, totaling 1,015 META and 100,000 USDC. The proposers argued that failure would decrease MetaDAO's success probability by over 20%.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Created:** 2024-03-26
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- **Completed:** 2024-03-31
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- **Proposal Number:** 14
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## Scope of Authority
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The BDF3M role granted authority over:
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- Retroactive compensation for all contributions prior to the proposal
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- Business operations including proposal process management, project management, expenses
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- Current contributor compensation including incentive-based components
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- Security and efficacy improvements to the core futarchy mechanism
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- Exceptional use grants for MetaDAO's code licenses
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- Monthly community updates
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## Compensation Structure
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- **Total META:** 1,015 (average 145/month)
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- **Total USDC:** $100,000 (average $14,000/month)
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- **Period:** 7 months total (4 retroactive + 3 forward)
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- **Vesting:** META likely issued in 5-year locked form
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- **Source:** Various multisigs, not directly from DAO treasury
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## Significance
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This proposal represents a critical governance transition where MetaDAO acknowledged that its futarchy mechanism was too slow for operational decisions at its stage. The appointment of benevolent dictators created a hybrid model where strategic decisions remained futarchy-governed while operational execution moved to trusted individuals. The 20% success impact claim suggests the proposers viewed this as an existential decision point.
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## Relationship to KB
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- [[metadao]] - governance structure evolution
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- [[proph3t]] - appointed leader
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- [[nallok]] - appointed leader
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] - this proposal directly addresses the "too slow and costly" friction
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