591ce989da
- Source: inbox/archive/2024-07-18-futardio-proposal-enhancing-the-deans-list-dao-economic-model.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2.4 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Dean's List: Enhancing The Dean's List DAO Economic Model | internet-finance | passed | deans-list | futardio | IslandDAO | https://www.futard.io/proposal/5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp | 2024-07-18 | 2024-07-22 | treasury | Proposal to charge clients in USDC, use proceeds to buy $DEAN tokens, and pay contributors in $DEAN while keeping treasury tax in USDC | rio | 2026-03-11 |
Dean's List: Enhancing The Dean's List DAO Economic Model
Summary
The proposal restructured Dean's List DAO's payment model to create constant buy pressure on $DEAN tokens. Instead of paying contributors directly in USDC, the DAO would collect client payments in USDC, use 80% to purchase $DEAN tokens from the market, distribute those tokens to contributors, and retain 20% in USDC as treasury reserves. The model projected 5.33% FDV increase based on 400 USDC daily buy pressure against 80% contributor sell rate.
Market Data
- Outcome: Passed
- Proposer: IslandDAO
- Resolution: 2024-07-22
- Proposal Account: 5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp
Mechanism Details
- Revenue model: 2,500 USDC per dApp review
- Treasury allocation: 20% USDC reserves, 80% token purchases
- Projected impact: FDV increase from $337,074 to $355,028 (5.33%)
- Volume creation: 3,600 USDC per review cycle (buy + sell)
- Assumption: 80% of distributed tokens sold by contributors
Significance
This proposal demonstrates futarchy applied to tokenomics and treasury management, not just binary governance decisions. The detailed FDV modeling (24% estimated buy pressure, 15% estimated sell pressure) shows how DAOs can use conditional markets to evaluate economic policy changes. The stablecoin reserve hedge (20% USDC retention) addresses token volatility risk while maintaining buy pressure through the 80% conversion.
Relationship to KB
- deans-list - parent entity, treasury policy change
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window - governance mechanism
- coin price is the fairest objective function for asset futarchy - optimization target