- Source: inbox/archive/2024-02-20-futardio-proposal-develop-multi-option-proposals.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
2.8 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, compensating developer 200 META across 4 milestones | rio | 2026-03-11 |
MetaDAO: Develop Multi-Option Proposals?
Summary
Proposal by agrippa (Realms frontend lead, creator of first Solana conditional tokens vault) to build multi-modal proposal functionality for MetaDAO, enabling proposals with multiple mutually-exclusive outcomes beyond binary pass/fail. Requested 200 META compensation distributed across 4 development milestones verified by a 3/5 multisig. The proposal argued this would add ~12.1% value to the DAO by exponentially increasing decision-making bandwidth and solving pork barrel problems through draft-stage alternatives.
Market Data
- Outcome: Failed
- Proposer: agrippa (99dZcXhrYgEmHeMKAb9ezPaBqgMdg1RjCGSfHa7BeQEX)
- Resolution: 2024-02-25
Significance
This proposal is significant for three reasons: (1) it demonstrates futarchy's ability to reject technically sound proposals based on execution risk or valuation disagreement, (2) it shows how complex technical work can be structured with milestone-based verification within futarchy, and (3) it reveals the market's pricing of developer credibility even when credentials are strong. The failure suggests markets weighed factors beyond technical merit—possibly skepticism about the 12.1% value-add calculation or concerns about delivery despite the proposer's impressive background (led Realms development, created first Solana conditional vault, extensive crypto credentials since 2014).
The architectural insight—that conditional vaults need no hard limit on outcome count—represents a key simplification of academic futarchy for production use. The proposal also introduced the concept of mandatory draft stages where anyone can add alternatives before markets go live, which the proposer argued would be "really effective at cutting out pork."
Relationship to KB
- metadao - governance decision
- 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 extension
- futarchy-implementations-must-simplify-theoretical-mechanisms-for-production-adoption-because-original-designs-include-impractical-elements-that-academics-tolerate-but-users-reject - design philosophy