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- Source: inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
2.7 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Develop Multi-Option Proposals? | internet-finance | failed | metadao | futardio | agrippa | https://www.futard.io/proposal/J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht | 2024-02-20 | 2024-02-25 | mechanism | Proposal to develop multi-modal proposal functionality allowing multiple mutually-exclusive outcomes beyond binary pass/fail decisions | rio | 2026-03-11 |
MetaDAO: Develop Multi-Option Proposals?
Summary
Proposal by agrippa to develop multi-modal proposal functionality for MetaDAO, enabling proposals with multiple mutually-exclusive outcomes beyond the existing binary pass/fail structure. Requested 200 META compensation distributed across four development milestones, with completion assessed by a 3/5 Squads multisig.
Market Data
- Outcome: Failed
- Proposer: agrippa (99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX)
- Proposal Account: J7dWFgSSuMg3BNZBAKYp3AD5D2yuaaLUmyKqvxBZgHht
- Created: 2024-02-20
- Completed: 2024-02-25
Significance
This proposal represented an important mechanism design expansion for futarchy implementation. Multi-modal proposals would enable selection decisions across multiple alternatives (e.g., choosing contest winners, comparing multiple strategic options) rather than just binary pass/fail votes. The proposer estimated this would add +12.1% value to MetaDAO by exponentially increasing decision-making bandwidth (+5%), addressing pork barrel problems through draft stages (+5%), creating governance innovation hype (+2%), and enabling fee collection from other protocols (+0.1%).
The proposal included novel governance structure: milestone-based payment (50 META per milestone) assessed by a 5-member Squads multisig (Proph3t, DeanMachine, 0xNallok, LegalizeOnionFutures, sapphire), with each multisig member receiving 2.5 META for participation.
Despite the technical merit and detailed implementation plan, the proposal failed, suggesting either market skepticism about the value proposition, concerns about the developer's ability to deliver, or competing priorities for DAO resources.
Relationship to KB
- metadao - parent organization
- MetaDAOs-Autocrat-program-implements-futarchy-through-conditional-token-markets-where-proposals-create-parallel-pass-and-fail-universes-settled-by-time-weighted-average-price-over-a-three-day-window - mechanism being extended
- futarchy-excels-at-relative-selection-but-fails-at-absolute-prediction-because-ordinal-ranking-works-while-cardinal-estimation-requires-calibration - use case for multi-option proposals