m3taversal
1d8f936726
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>
48 lines
1.7 KiB
Markdown
48 lines
1.7 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins"
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domain: internet-finance
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status: failed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "Ben Hawkins"
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proposal_url: "https://v1.metadao.fi/metadao/trade/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK"
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proposal_date: 2024-02-13
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resolution_date: 2024-02-18
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category: "treasury"
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summary: "Proposal to mint 1,500 META tokens in exchange for $50,000 USDC to MetaDAO treasury at $33.33 per META"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins
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## Summary
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Ben Hawkins proposed to mint 1,500 META tokens to his wallet address in exchange for sending $50,000 USDC to MetaDAO's treasury, valuing META at $33.33 per token. The proposal was rejected by the futarchy markets.
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## Market Data
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- **Outcome:** Failed
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- **Proposer:** Ben Hawkins
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- **Proposal Account:** US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK
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- **Proposal Number:** 6
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- **Created:** 2024-02-13
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- **Completed:** 2024-02-18
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- **Ended:** 2024-02-18
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## Significance
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This represents an early OTC trade proposal on MetaDAO's futarchy platform, testing the market's willingness to accept direct token minting for treasury capital. The rejection suggests the market viewed the valuation as unfavorable or the dilution as undesirable at that time.
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## Relationship to KB
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- [[metadao]] - treasury governance decision
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- [[futardio]] - platform where proposal was executed
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## Full Proposal Text
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*Source: futard.io, tabled 2024-02-13*
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Ben Hawkins is requesting to mint 1500 META to GxHamnPVxsBaWdbUSjR4C5izhMv2snriGyYtjCkAVzze
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in exchange for Ben will send 50,000 USDC to be sent to ADCCEAbH8eixGj5t73vb4sKecSKo7ndgDSuWGvER4Loy the treasury to MetaDAO
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33.33 usdc per Meta
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