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teleo-codex/entities/internet-finance/futuredao-fund-token-migrator.md
Teleo Agents 457e5065f4 rio: extract from 2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md 
- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 05:15:37 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
entity decision_market FutureDAO: Fund FutureDAO's Token Migrator internet-finance passed futuredao futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 2024-06-05 2024-06-08 grants Approve $12K USDC budget for developing on-chain token migration tool with fee-based revenue model rio 2026-03-11
budget_requested development_allocation audit_allocation fee_structure revenue_distribution projected_first_year_revenue
$12,000 USDC $6,000 USDC $6,000 USDC 1-2% based on market cap 100% to Champions NFT holders $270,000 from 8 migrations

FutureDAO: Fund FutureDAO's Token Migrator

Summary

Proposal to develop the Future Protocol's token migration tool, enabling communities to transition from abandoned or poorly managed tokens to new tokens through structured on-chain process. The tool addresses rug pulls, dead projects, metadata changes, fundraising needs, and token standard upgrades on Solana. Revenue flows entirely to staked Champions NFT holders, not to the DAO treasury.

Market Data

  • Outcome: Passed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Budget: $12,000 USDC ($6K development, $6K audits)
  • Proposal Number: 1
  • DAO Account: ofvb3CPvEyRfD5az8PAqW6ATpPqVBeiB5zBnpPR5cgm
  • Autocrat Version: 0.3

Mechanism Design

Migration Process:

  1. Community intake and onboarding
  2. Launch parameters set (date, duration, presale amount, treasury allocation)
  3. Token migration begins (presale live, old tokens swappable for new)
  4. Resolution based on 60% presale threshold:
    • Success: LP reclaimed, new tokens distributed, 50% airdrop to non-migrators
    • Failure: SOL returned, new tokens swapped back, all new tokens burned

Fee Structure (based on FDMC):

  • <$1M: 2% fee
  • <$5M: 1.5% fee
  • <$20M: 1% fee

Max Dilution Rates:

  • <$1M FDMC: 15% (7.5% presale, 5.5% treasury, 2% DAO fee)
  • <$5M FDMC: 12% (6% presale, 4.5% treasury, 1.5% DAO fee)
  • <$20M FDMC: 10% (5% presale, 4% treasury, 1% DAO fee)

Significance

This proposal demonstrates futarchy-governed product development funding with novel revenue distribution model where 100% of protocol fees flow to NFT holders rather than DAO treasury. The migration tool addresses real market need (27 notable Solana meme coin presales in prior 12 months with high abandonment rates) and creates infrastructure for community-led token recoveries.

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