564eb4721b
- 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>
51 lines
2.5 KiB
Markdown
51 lines
2.5 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
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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: "Nallok, Proph3t"
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proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_account: "B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_number: 7
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proposal_date: 2024-10-22
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resolution_date: 2024-10-26
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category: "hiring"
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summary: "Hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
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- **Proposal Number:** 7
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- **Created:** 2024-10-22
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- **Completed:** 2024-10-26
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## Compensation Structure
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- **Cash:** $180,000 per year (retroactive to October 16, 2024)
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- **Tokens:** 237 META (1% of 23,705.7 supply including founder allocations)
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- **Unlock Mechanism:** Linear based on market cap ($1B = $42,198 per META)
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- 10% unlocks at $500M market cap (23.7 META)
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- 100% unlocks at $5B market cap (237 META)
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- **Vesting:** No tokens accessible before November 2028 regardless of price milestones
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- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months from start)
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- **Post-Clawback:** Tokens vest into smart contract/multisig inaccessible to founders
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## Significance
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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]].
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## Relationship to KB
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- [[metadao]] — founding engineer hire
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- [[advaith-sekharan]] — hired through this proposal
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- [[metadao-compensation-proph3t-nallok]] — parallel compensation structure
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- [[metadao-fundraise-2]] — SF team-building context
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