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- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | COAL: Establish Development Fund? | internet-finance | failed | coal | futardio | AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r | https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U | 2024-12-05 | 2024-12-08 | treasury | Proposal to allocate 4.2% of mining emissions to a development fund for protocol development, community rewards, and marketing | rio | 2026-03-11 |
COAL: Establish Development Fund?
Summary
Proposal to establish a development fund through a 4.2% allocation of mining emissions (472.5 COAL/day) to support protocol development, reward community contributions, and enable marketing initiatives. The allocation would increase total supply growth by 4.2% rather than reducing miner rewards. Funds would be managed by a DAO multisig with public expenditure tracking.
Market Data
- Outcome: Failed
- Proposer: AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r
- Created: 2024-12-05
- Resolved: 2024-12-08
- Proposal Account: DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U
Significance
This proposal tested whether a fair-launch, no-premine project could retroactively establish protocol funding through futarchy governance. The failure suggests community resistance to supply inflation even when positioned as non-dilutive to existing mining rewards. The 4.2% allocation model (avoiding miner reward reduction) represents an attempt to balance sustainability needs with fair-launch principles.