m3taversal
6a5b80e25c
New decision records with full proposal text for projects that previously had zero governance documentation in the KB. Omnipair (4): - OMFG-001: Increase Allowance to $50K/mo (Passed, 2025-10-03) - OMFG-002: Fund Security Audits $64K (Passed, 2025-10-31) - OMFG-003: Migrate to V0.6 (Passed, 2026-02-16) - OMFG-004: Strategic Ecosystem Investment $20K (Passed, 2026-03-12) Ranger (3): - ICO Launch: $86.4M committed, $6M min (Complete, 2026-01-06) - $2M Buyback at NAV (Passed, 2026-01-12) - Liquidation: contested, citing misrepresentation (Passed, 2026-03-02) Solomon (3): - ICO Launch: $102.9M committed, $8M raised (Complete, 2025-11-14) - DP-00001: Treasury Subcommittee + $150K Legal (Passed, 2026-03-05) - DP-00002: SOLO Acquisition + Incentives Reserve (Passed, 2026-03-13) Loyal (3): - ICO Launch: $75.9M committed (Complete, 2025-10-18) - $1.5M Buyback at NAV (Passed, 2025-11-26) - Liquidity Adjustment: burn 810K tokens (Passed, 2025-12-23) ZKLSOL (4): - ICO Launch: $969K raised (Complete, 2025-10-20) - Burn Team Performance Package (Passed, 2025-11-22) - $200K Buyback (Passed, 2026-01-16) - Restructuring Proposal (Passed, 2026-02-07) Umbra (3): - ICO Launch: $154.9M committed, $3M raised (Complete, 2025-10-06) - UMBRA-001: Fund Security Audits $105K (Passed, 2025-11-12) - Road to Mainnet operational expansion (Passed, 2026-01-13) Futardio cult (3): - ICO Launch: $11.4M committed (Complete, 2026-03-03) - FUTARDIO-001: Omnibus — 90% token burn + $50/mo spend (Passed, 2026-03-04) - $10K Meteora DLMM Liquidity Pool (Passed, 2026-03-17) Kyros (1): - Burn 4.42M unclaimed airdrop tokens (Passed, 2026-01-13) Jito DAO (1): - JTO Vault / TipRouter NCN per JIP-10 (Passed, 2025-01-13) Marinade (1): - SAM Bid Routing to MNDE Stakers per MIP.5 (Passed, 2025-02-04) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
65 lines
2.9 KiB
Markdown
65 lines
2.9 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Avici: Futardio Launch"
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domain: internet-finance
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status: passed
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parent_entity: "[[avici]]"
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platform: "futardio"
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proposal_url: "https://v1.metadao.fi/avici/trade/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq"
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proposal_date: 2025-10-14
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resolution_date: 2025-10-18
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category: "fundraise"
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summary: "Avici raised $34.2M against $2M target through futarchy-governed launch for distributed internet banking infrastructure"
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key_metrics:
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funding_target: "$2,000,000"
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total_committed: "$34,230,976"
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final_raise: "$3,500,000"
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oversubscription_ratio: 17.1
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token_symbol: "AVICI"
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token_mint: "BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta"
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platform_version: "v0.6"
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tracked_by: rio
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created: 2026-03-11
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---
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# Avici: Futardio Launch
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## Summary
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Avici launched a futarchy-governed fundraise on Futardio to build distributed internet banking infrastructure including spend cards, internet-native trust scores, and unsecured lending. The project targeted $2M but received $34.2M in commitments (17x oversubscribed), ultimately raising $3.5M and closing after 4 days.
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## Market Data
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- **Outcome:** Passed (fundraise completed)
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- **Launch Date:** 2025-10-14
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- **Close Date:** 2025-10-18
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- **Target:** $2,000,000
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- **Committed:** $34,230,976
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- **Final Raise:** $3,500,000
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- **Oversubscription:** 17.1x
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## Significance
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This launch demonstrates futarchy-governed fundraising attracting significant capital for infrastructure projects beyond meme coins. The 17x oversubscription indicates market demand for reputation-based undercollateralized lending infrastructure, a gap identified by Vitalik Buterin as missing from onchain finance.
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The project's thesis challenges the commodity theory of money, arguing money originated as credit (a social ledger) rather than barter, positioning onchain reputation systems as necessary infrastructure for fiat independence.
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## Relationship to KB
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- [[avici]] — parent entity
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- [[futardio]] — launch platform
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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]] — platform mechanism
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- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — demonstrates compression thesis
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## Full Proposal Text
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*Source: futard.io, launched 2025-10-14*
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Avici DAO: Distributed internet banking infrastructure — spend cards, internet-native trust scores, unsecured loans, and mortgages.
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**Thesis:** Money originated from credit systems, not barter. Avici builds reputation-based undercollateralized lending for crypto.
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**Raise:** Target $2,000,000. Total committed: $34,230,976. Final raise: $3,500,000 (17.1x oversubscribed). Closed 2025-10-18.
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**Token:** AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta). Website: avici.money
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