74933e400c
- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
33 lines
No EOL
1.5 KiB
Markdown
33 lines
No EOL
1.5 KiB
Markdown
---
|
|
type: entity
|
|
entity_type: company
|
|
name: "coal"
|
|
domain: internet-finance
|
|
status: active
|
|
tracked_by: rio
|
|
created: 2026-03-11
|
|
key_metrics:
|
|
total_supply: "25,000,000 COAL (post-expansion)"
|
|
initial_supply: "21,000,000 COAL"
|
|
supply_increase: "4,000,000 COAL (one-time)"
|
|
airdrop_amount: "971,880 COAL (420 per eligible wallet)"
|
|
dev_fund: "3,028,120 COAL"
|
|
eligible_wallets: 2314
|
|
min_meta_holding: "$100 USD notional value"
|
|
snapshot_date: "2025-10-12"
|
|
---
|
|
|
|
# coal
|
|
|
|
## Overview
|
|
coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana post-Ore transition. The project operates through minechain.gg and uses [[futardio]] for governance decisions. In October 2025, coal executed a supply expansion and META holder airdrop to establish a development fund and migrate to v0.6 DAO governance with futarchy AMM infrastructure.
|
|
|
|
## Timeline
|
|
- **2025-10-12** — Snapshot taken for META holder airdrop eligibility (2,314 wallets holding ≥$100 META)
|
|
- **2025-10-15** — [[coal-lets-get-futarded]] proposal created: airdrop 420 COAL per eligible META holder, expand supply to 25M, establish dev fund
|
|
- **2025-10-18** — Proposal passed and completed; supply increased from 21M to 25M COAL, dev fund established with 3.03M COAL
|
|
|
|
## Relationship to KB
|
|
- [[futardio]] — governance platform
|
|
- [[MetaDAO]] — parent ecosystem for META token holders receiving airdrop
|
|
- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies futarchy memecoin model |