teleo-codex/decisions/internet-finance/marinade-sam-bids-mnde-stakers.md
m3taversal fdebd95137 rio: batch 4 — 26 new decision records for 10 projects
New decision records with full proposal text for projects that previously
had zero governance documentation in the KB.

Omnipair (4): OMFG-001 through OMFG-004
Ranger (3): ICO launch + $2M buyback + contested liquidation
Solomon (3): ICO launch ($102.9M committed) + DP-00001 + DP-00002
Loyal (3): ICO launch ($75.9M committed) + buyback + liquidity adjustment
ZKLSOL (4): ICO launch + team burn + buyback + restructuring
Umbra (3): ICO launch + security audits + mainnet expansion
Futardio cult (3): ICO launch + omnibus (90% token burn) + liquidity pool
Kyros (1): Burn 4.42M unclaimed airdrop
Jito DAO (1): JTO Vault / TipRouter NCN (JIP-10)
Marinade (1): SAM Bid Routing to MNDE Stakers (MIP.5)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:53:35 +00:00

43 lines
2 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?"
domain: internet-finance
status: passed
parent_entity: "[[marinade]]"
platform: "futardio"
proposer: "Marinade community"
proposal_url: "https://v1.metadao.fi/marinade/trade/DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF"
proposal_date: 2025-02-04
resolution_date: 2025-02-07
category: "mechanism"
summary: "Adopt performance fee routing from SAM bids to MNDE-Enhanced Stakers per MIP.5 — Marinade's first use of futarchy"
tracked_by: rio
created: 2026-03-24
---
# Marinade: Should A Percentage of SAM Bids Route To MNDE Stakers?
## Summary
Marinade used MetaDAO's futarchy mechanism to decide whether to implement MIP.5 — routing a percentage of SAM (Stake Auction Marketplace) bids to MNDE-Enhanced Stakers who actively stake to validators with winning bids. This creates a direct revenue share between Marinade's staking marketplace and MNDE governance token holders.
## Market Data
- **Outcome:** Passed
- **Proposal Account:** DnDiyjAcmS3BNmNEJa2ydEbd6DgnddpkyVXJfngdRTzF
- **Duration:** 2025-02-04 to ~2025-02-07
- **Reference:** MIP.5 on Marinade governance forum
## Significance
Marinade is one of Solana's largest liquid staking protocols. Using futarchy for a revenue-sharing mechanism decision demonstrates FaaS adoption for consequential economic design choices, not just operational governance. The proposal creates a direct link between staking behavior and governance token value — exactly the kind of incentive alignment futarchy is designed to optimize.
## Relationship to KB
- [[marinade]] — parent entity (new entity needed)
- [[futardio]] — governance platform
## Full Proposal Text
*Source: futard.io, tabled 2025-02-04*
If approved, this proposal would sanction the development and implementation of performance fee routing to MNDE-Enhanced Stakers according to the specifications laid out in MIP.5.
Reference: https://forum.marinade.finance/t/mip-5-sam-bid-routing-to-mnde-stakers/1700