3.7 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 | 8Cwx4yR2sFAC5Pdx2NgGHxCk1gJrtSTxJoyqVonqndhq | https://www.futard.io/proposal/5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp | 2024-07-18 | 2024-07-22 | treasury | Restructure payment flows to convert client USDC revenue into $DEAN token purchases for citizen compensation while maintaining USDC treasury tax | rio | 2026-03-11 |
Dean's List: Enhancing The Dean's List DAO Economic Model
Summary
The proposal restructures The Dean's List DAO's economic model to create sustained buy pressure on the $DEAN token by converting all client revenue (charged in USDC) into $DEAN purchases for distribution to DAO citizens as payment, while maintaining a 20% USDC treasury tax as a hedge against token price volatility. The model projects 5.33% FDV increase from 6 dApp reviews per month at 2500 USDC each.
Market Data
- Outcome: Passed
- Proposer: 8Cwx4yR2sFAC5Pdx2NgGHxCk1gJrtSTxJoyqVonqndhq
- Resolution: 2024-07-22
- Proposal Account: 5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp
Mechanism Design
The proposal implements a three-step revenue flow:
- Client pays 2500 USDC for dApp review
- DAO takes 20% (500 USDC) to treasury as stablecoin hedge
- Remaining 80% (2000 USDC) used to market-buy $DEAN tokens
- Purchased $DEAN distributed to DAO citizens as payment
- Citizens sell ~80% of received $DEAN for living expenses
The model projects net positive price action because buy pressure (100% of payment budget) exceeds sell pressure (80% of distributed tokens), creating "higher lows on each cycle."
Financial Modeling
Baseline metrics (pre-proposal):
- FDV: $337,074
- Daily volume: $500
- Circulating supply: 100M $DEAN
- Price: $0.00337
Projected impact (6 reviews/month):
- Monthly revenue: 15,000 USDC
- Daily buy pressure: 400 USDC (80% increase vs. baseline volume)
- Estimated price increase: 24% from buy pressure
- Estimated sell pressure: 15% from citizen liquidations
- Net price impact: $0.00337 → $0.00355028 (+5.33%)
- New FDV: $355,028
TWAP requirement: 3% FDV increase over 3-day window Achieved: 5.33% (exceeded threshold)
Significance
This proposal demonstrates futarchy pricing a concrete treasury management strategy with measurable cash flows and token velocity assumptions. Unlike abstract governance decisions, the market evaluated a detailed financial model with specific revenue projections, buy/sell pressure estimates, and FDV impact calculations. The passage indicates market confidence in the sustainable buy pressure thesis despite 80% citizen sell-through.
The 20% USDC treasury tax represents a hedge mechanism within futarchy governance—the DAO maintains stablecoin reserves as insurance against $DEAN volatility while using the majority of revenue for token buybacks. This creates a balanced approach between token price support and treasury stability.
Relationship to KB
- deans-list — parent entity, treasury governance decision
- 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 — TWAP settlement mechanism used
- futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs — extends to operational revenue flows
- token-economics-replacing-management-fees-and-carried-interest-creates-natural-meritocracy-in-investment-governance — payment structure alignment