76bd5cb006
- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
52 lines
2.9 KiB
Markdown
52 lines
2.9 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz"
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proposal_url: "https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW"
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proposal_date: 2024-03-26
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resolution_date: 2024-03-31
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category: "strategy"
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summary: "Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor management for three months to accelerate decision-making while the futarchy mechanism matured."
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
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## Summary
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This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution velocity while the futarchy proposal process remained too slow and costly for operational decisions. The proposal allocated 1,015 META and 100,000 USDC for four months of retroactive compensation (December-March) and three months of forward-looking compensation (April-June), averaging 145 META and $14,000 per month.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
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- **Created:** 2024-03-26
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- **Completed:** 2024-03-31
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- **Proposal Number:** 14
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## Scope of Authority
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The BDF3M role granted Proph3t and Nallok authority over:
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- Retroactive compensation for all contributions prior to the proposal
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- Business operations including off-chain proposal process management, project management, expense handling, and security improvements
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- Contributor compensation including incentive-based components
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- Exceptional use grants for MetaDAO's code licenses
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- Monthly community updates
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## OKRs
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- Execute faster: Complete 10 GitHub issues per week
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- Handle retroactive compensation within 1 week of passage
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- Oversee new landing page creation
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- Perform operations compensation for April-June 2024
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## Significance
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This proposal represents a critical governance transition where MetaDAO explicitly acknowledged that its futarchy mechanism was not yet mature enough to handle operational tempo, requiring a temporary reversion to centralized leadership. The proposers framed failure as decreasing MetaDAO's success probability by more than 20%, indicating this was viewed as an existential decision point. The compensation structure notably mentioned likely issuance in 5-year locked META form, establishing a long-term alignment mechanism.
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## Relationship to KB
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- [[metadao]] - governance decision establishing interim centralized leadership
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- [[proph3t]] - appointed benevolent dictator
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- [[nallok]] - appointed benevolent dictator
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - context for why this centralization was needed
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