4671d3afc2
- Source: inbox/archive/2025-08-20-futardio-proposal-should-sanctum-offer-investors-early-unlocks-of-their-cloud.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2.3 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_account | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Sanctum: Should Sanctum offer investors early unlocks of their CLOUD? | internet-finance | failed | sanctum | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX | C61vTUyxTq5SWwbrTFEyYeXpGQLKhRRvRrGsu6YUa6CX | 2025-08-20 | 2025-08-23 | treasury | Proposal to allow investors immediate unlock of vested CLOUD by forfeiting 35% to Team Reserve | rio | 2026-03-11 |
Sanctum: Should Sanctum offer investors early unlocks of their CLOUD?
Summary
This proposal would have empowered the Sanctum Team to offer investors immediate unlocks of their vesting CLOUD tokens in exchange for forfeiting 35% of their holdings to the Team Reserve. With 9% of token supply unlocking monthly over 24 months from investors, the mechanism could have increased the Team Reserve by up to 27 million CLOUD while reducing token overhang. The team committed not to redistribute forfeited tokens for at least 24 months.
Market Data
- Outcome: Failed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Platform: Futardio (Autocrat v0.3)
- DAO Account: GVmi7ngRAVsUHh8REhKDsB2yNftJTNRt5qMLHDDCizov
- Proposal Number: 2
Significance
This proposal demonstrates an alternative to standard time-based vesting: forfeit-for-liquidity mechanisms that create direct costs for early access rather than relying on lockups that can be hedged through derivatives. The failure suggests either investor preference for hedging strategies, lack of immediate liquidity need, or concerns about the 35% forfeit rate. The mechanism design is notable as a non-hedgeable alignment tool.
Relationship to KB
- sanctum - governance decision
- time-based-token-vesting-is-hedgeable-making-standard-lockups-meaningless-as-alignment-mechanisms-because-investors-can-short-sell-to-neutralize-lockup-exposure-while-appearing-locked - alternative mechanism to hedgeable vesting
- futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements - demonstrates proposal complexity friction