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- Source: inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
3.1 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_account | proposal_number | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | COAL: Meta-PoW: The ORE Treasury Protocol | internet-finance | passed | futardio | futardio | coal project team | https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg | G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg | 4 | 2025-11-07 | 2025-11-10 | mechanism | Introduces Meta-PoW economic model with dynamic license fees, evergreen tool durability, and ORE treasury accumulation | rio | 2026-03-11 |
COAL: Meta-PoW: The ORE Treasury Protocol
Summary
The Meta-PoW proposal establishes a sustainable economic model for COAL by creating a multi-token system (COAL, ORE, INGOT, WOOD) with algorithmic supply controls. Players forge INGOT using COAL and ORE, craft pickaxes using COAL, INGOT, and WOOD, then mine COAL with pickaxes. The system features dynamic license fees that adjust based on COAL/ORE price ratio (c(y) = c0 * (y/y_ref)^p), evergreen tool durability with 4% daily decay but cheaper repair than recrafting, and a treasury accumulation mechanism targeting approximately 1 ORE per day per fully maintained pickaxe.
Market Data
- Outcome: Passed
- Proposer: coal project team
- Created: 2025-11-07
- Completed: 2025-11-10
- Proposal Account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
- DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- Autocrat Version: 0.3
Significance
This proposal demonstrates MetaDAO's ability to evaluate and approve complex token economic architectures through futarchy governance. The Meta-PoW system introduces several novel mechanisms:
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Dual-burn architecture: COAL burns at pickaxe licensing (control parameter) and INGOT smelting (coupled with ORE payment), creating independent optimization surfaces for supply control and treasury accumulation
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Dynamic throttling: License fee c(y) uses cubic exponent (p=3) on price ratio, creating 8x cost increase when COAL/ORE ratio doubles, providing automatic supply discipline without governance intervention
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Evergreen tool economics: 4% daily decay with repair costs (0.082643 INGOT + 0.3 WOOD) deliberately set lower than recrafting costs (1 INGOT + 8 WOOD + license) to stabilize mining behavior and create predictable treasury inflows
The proposal allows core team parameter adjustments before launch based on community feedback, showing pragmatic governance that balances mechanism design with implementation flexibility.
Relationship to KB
- futardio — governance decision on economic model
- MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale — extends MetaDAO's role to complex mechanism approval
- dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution — implements halving-band emissions gated by dynamic license fees