Completes full proposal text backfill for all non-MetaDAO decision records. Futardio proposals (3): - futardio-proposal-1 (test, Failed 2024-05-27) - futardio-fund-rug-bounty-program (Passed 2024-06-14) - futardio-approve-budget-pre-governance-hackathon (Passed 2024-08-30) FutureDAO (1): - futuredao-initiate-liquidity-farming-raydium (Passed 2024-11-08) Dean's List/IslandDAO (1): - islanddao-treasury-proposal (Passed 2024-10-10) Futardio launches — successful (3): - avici-futardio-launch ($34.2M committed, $3.5M raised, 2025-10-14) - paystream-futardio-fundraise ($6.1M committed, $750K raised, 2025-10-23) - superclaw-futardio-fundraise ($5.95M committed, 119x oversubscribed, 2026-03-04) Futardio launches — failed (10): - digifrens ($6.6K/200K, 2026-03-03) - git3 ($28.3K/100K, 2026-03-05) - hurupay ($2M/3M, 2026-02-03) - insert-coin-labs ($2.5K/50K, 2026-03-05) - island ($250/50K, 2026-03-04) - manna-finance ($205/120K, 2026-03-03) - runbookai ($3.6K/350K, 2026-03-05) - salmon-wallet (refunding, 2026-02-22) - seekervault ($2.1K/75K, 2026-03-04) - versus ($5.3K/500K, 2026-03-03) Other (3): - mtncapital-wind-down (first futarchy liquidation, ~Sep 2025) - test-dao-testing-indexer-changes (test, 2025-07-02) - the-meme-is-real (test, 2026-03-03) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
60 lines
3 KiB
Markdown
60 lines
3 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Paystream: Futardio Fundraise"
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domain: internet-finance
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status: passed
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parent_entity: "[[paystream]]"
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platform: "futardio"
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proposal_url: "https://v1.metadao.fi/paystream/trade/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
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proposal_date: 2025-10-23
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resolution_date: 2025-10-27
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category: "fundraise"
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summary: "Paystream raised through MetaDAO's Futardio platform achieving 11.2x oversubscription"
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key_metrics:
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funding_target: "$550,000"
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total_committed: "$6,149,247"
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final_raise: "$750,000"
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oversubscription_ratio: 11.2
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token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# Paystream: Futardio Fundraise
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## Summary
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Paystream launched a futarchy-governed fundraise on Futardio targeting $550K and received $6.15M in commitments (11.2x oversubscription), ultimately raising $750K. The protocol unifies peer-to-peer lending, leveraged liquidity provisioning, and yield routing into a capital-efficient engine for Solana DeFi.
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## Market Data
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- **Outcome:** Passed (Complete)
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- **Launch Date:** 2025-10-23
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- **Close Date:** 2025-10-27
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- **Target:** $550,000
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- **Committed:** $6,149,247
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- **Final Raise:** $750,000
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- **Oversubscription:** 11.2x
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## Project Description
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Paystream is a modular Solana protocol that matches lenders and borrowers at fair mid-market rates, eliminating the wide APY spreads in pool-based models like Kamino and Juplend. The system routes capital through automated leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, and DAMM v2 pools, ensuring zero idle funds.
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## Significance
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This launch demonstrates continued strong demand for futarchy-governed fundraises on the Futardio platform, with oversubscription ratios exceeding 11x. The capital efficiency narrative (eliminating idle capital, tighter spreads) resonates with DeFi investors seeking yield optimization infrastructure.
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## Relationship to KB
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- [[paystream]] — parent entity
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- [[futardio]] — launch platform
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- [[metadao]] — governance infrastructure provider
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- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context
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## Full Proposal Text
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*Source: futard.io, launched 2025-10-23*
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Paystream: Liquidity Optimizer for Solana. Modular protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing.
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**Core Value:** Matches lenders and borrowers at fair mid-market rates. Automates routing and leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, DAMM v2 pools. Eliminates wide APY spreads in pool-based models (Kamino, Juplend). Capital-efficient engine where every dollar is always moving/earning.
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**Raise:** Target $550,000. Total committed: $6,149,247. Final raise: $750,000 (11.2x oversubscribed). Closed 2025-10-27.
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**Token:** PAYS (PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta). Website: paystream.finance
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