teleo-codex/decisions/internet-finance/metadao-create-futardio.md
m3taversal 1d8f936726 rio: MetaDAO full text backfill — 28 decision records
Adds complete proposal text to all 28 MetaDAO governance records that
previously had only hand-built summaries. This was the original batch
from PR #1748 that was closed without merge due to rebase conflict.

Records updated:
- Proposals 1-15: LST vote market, Autocrat migrations (v01/v02),
  Saber vote market, spot market creation, AMM program, multi-option
  proposals, OTC trades (Ben Hawkins, Pantera, Colosseum), Dutch auction,
  burn 99.3% META, FaaS development, benevolent dictators, compensation
- Proposals 16-36: Fundraise 2, Q3 roadmap, create Futardio, services
  agreement, hire Advaith, swap ISC, hire Robin Hanson, token split,
  release launchpad, OTC Theia, migrate META token, fund futarchy research

Source: inbox/archive/internet-finance/ proposal archives from futard.io

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 17:18:35 +00:00

2.6 KiB

type entity_type name domain status tracked_by created last_updated parent_entity platform proposer proposal_url proposal_date resolution_date category summary tags
decision decision_market MetaDAO: Should MetaDAO Create Futardio? internet-finance failed rio 2026-03-11 2026-03-11 metadao futardio unknown https://v1.metadao.fi/metadao/trade/zN9Uft1zEsh9h7Wspeg5bTNirBBvtBTaJ6i5KcEnbAb 2024-11-21 2024-11-25 strategy Minimal proposal to create Futardio — failed, likely due to lack of specification and justification
futarchy
futardio
governance-filtering

MetaDAO: Should MetaDAO Create Futardio?

Summary

A minimal one-sentence proposal: "Futardio is a great idea and needs to happen." Filed under the "Program" category. Failed within 4 days. No budget, no specification, no implementation plan. The proposer identity is not associated with core team members.

Market Data

  • Outcome: Failed (2024-11-25)
  • Autocrat version: 0.3
  • Key participants: Unknown proposer

Significance

This failed proposal is more informative than many that passed. It demonstrates futarchy's quality filtering function — the market rejected an unsubstantiated proposal despite the concept (Futardio/permissionless launchpad) eventually being approved three months later with proper specification (see metadao-release-launchpad). The market distinguished between "good idea" and "well-specified proposal," rejecting the former and approving the latter.

This is concrete evidence against the criticism that futarchy markets are easily manipulated or that token holders vote based on vibes rather than substance. The failure also shows that non-founder community members can propose, even if their proposals face higher scrutiny.

Note: The later "Release a Launchpad" proposal (2025-02-26) by Proph3t and Kollan succeeded — same concept, dramatically better specification.

Relationship to KB


Relevant Entities:

  • metadao — parent organization
  • futardio — the entity that was eventually created

Topics:

Full Proposal Text

Source: futard.io, tabled 2024-11-21

Futardio is a great idea and needs to happen