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teleo-codex/entities/internet-finance/coal-meta-pow-ore-treasury-protocol.md
Teleo Agents 5a8eba0206 rio: extract from 2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md 
- Source: inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 09:56:09 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
entity decision_market COAL: Meta-PoW: The ORE Treasury Protocol internet-finance passed futardio futardio coal project team https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg 2025-11-07 2025-11-10 mechanism Introduces Meta-PoW economic model with evergreen tools, dynamic crafting costs, and ORE treasury accumulation through INGOT smelting rio 2026-03-11

COAL: Meta-PoW: The ORE Treasury Protocol

Summary

The Meta-PoW proposal establishes COAL's core economic model by introducing a multi-token system (COAL, ORE, INGOT, WOOD) where mining power resides in pickaxes rather than direct computation. The system creates a deterministic loop: players forge INGOT using COAL and ORE, craft pickaxes using COAL, INGOT, and WOOD, then mine COAL with those pickaxes. All ORE payments flow exclusively through INGOT smelting into the COAL treasury at a rate of approximately 12.10 ORE per INGOT.

The proposal implements "evergreen" tool mechanics where pickaxes decay by 4% per day if not repaired but can always be restored by paying accumulated repair costs. Repair is calibrated to be significantly cheaper than recrafting (0.082643 INGOT/day vs 1 INGOT upfront), incentivizing tool maintenance over churn.

A dynamic license fee c(y) = 200 * (y/50)^3 (clamped 1-300 COAL) scales pickaxe crafting costs with the ORE/COAL price ratio, creating a self-regulating throttle: when COAL strengthens, crafting becomes cheaper and more ORE flows into the treasury; when COAL weakens, crafting slows without breaking the system.

Market Data

  • Outcome: Passed
  • Proposer: coal project team
  • Proposal Account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
  • DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
  • Completed: 2025-11-10

Significance

This proposal represents a novel approach to proof-of-work tokenomics where:

  1. Treasury inflow is deterministic: Each fully maintained pickaxe is calibrated to drive approximately 1 ORE/day into the treasury through repair-driven INGOT demand

  2. Price-responsive throttling: The dynamic license fee creates negative feedback loops that stabilize activity across market cycles without requiring governance intervention

  3. Single choke point accounting: Concentrating all ORE payments at smelting enables transparent treasury tracking and simple governance parameter tuning

  4. Evergreen tool economics: Making repair cheaper than recrafting creates stable demand patterns and reduces system volatility

The proposal explicitly allows "parameters to be slightly adjusted by the core team before launch, upon feedback from the community," showing how futarchy governance extends into implementation details.

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