- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
2.5 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_account | proposal_number | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Hire Advaith Sekharan as Founding Engineer? | internet-finance | passed | metadao | futardio | Nallok, Proph3t | https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 | B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 | 7 | 2024-10-22 | 2024-10-26 | hiring | Hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens | rio | 2026-03-11 |
MetaDAO: Hire Advaith Sekharan as Founding Engineer?
Summary
Proposal to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual salary and 237 META tokens (1% of supply excluding DAO holdings). Token allocation uses performance-based unlocking tied to market cap milestones, with 100% unlocking at $5B market cap and linear scaling below that threshold. Vesting includes 4-year lockup starting November 2024 and 8-month clawback period.
Market Data
- Outcome: Passed
- Proposer: Nallok, Proph3t
- Proposal Account: B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- Proposal Number: 7
- Created: 2024-10-22
- Completed: 2024-10-26
Compensation Structure
- Cash: $180,000 per year (retroactive to October 16, 2024)
- Tokens: 237 META (1% of 23,705.7 supply including founder allocations)
- Unlock Mechanism: Linear based on market cap ($1B = $42,198 per META)
- 10% unlocks at $500M market cap (23.7 META)
- 100% unlocks at $5B market cap (237 META)
- Vesting: No tokens accessible before November 2028 regardless of price milestones
- Clawback: DAO can reclaim all tokens until July 2025 (8 months from start)
- Post-Clawback: Tokens vest into smart contract/multisig inaccessible to founders
Significance
This hiring decision demonstrates futarchy-governed talent acquisition for core team building. The compensation structure mirrors the performance-based framework established in metadao-compensation-proph3t-nallok, extending the same market cap-linked unlock mechanism to founding team members. The proposal aligns with MetaDAO's San Francisco team-building strategy outlined in metadao-fundraise-2.
Relationship to KB
- metadao — founding engineer hire
- advaith-sekharan — hired through this proposal
- metadao-compensation-proph3t-nallok — parallel compensation structure
- metadao-fundraise-2 — SF team-building context