9aece3fbf2
- 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 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 | COAL: Meta-PoW: The ORE Treasury Protocol | internet-finance | passed | futardio | futardio | coal project | https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg | 2025-11-07 | 2025-11-10 | mechanism | Introduces Meta-PoW economic model with dynamic license costs, evergreen tool mechanics, and ORE treasury accumulation through INGOT smelting | 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) where mining power resides in pickaxes, crafting drives deterministic ORE accumulation into the treasury, and dynamic license costs create automatic supply response to token price dynamics. The proposal passed futarchy governance and implements evergreen tool mechanics where repair is cheaper than recrafting, creating stable demand for INGOT and predictable ORE inflow.
Market Data
- Outcome: Passed
- Proposer: coal project
- Created: 2025-11-07
- Completed: 2025-11-10
- Proposal Account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
- DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
Significance
This proposal demonstrates MetaDAO's capacity to evaluate and approve complex tokenomic designs beyond simple funding decisions. The Meta-PoW model introduces:
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Dynamic macro throttle: License cost c(y) = c0 * (y / y_ref)^p adjusts crafting costs based on ORE/COAL price ratio, creating automatic supply response without governance intervention
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Single-point treasury inflow: All ORE payments concentrated at INGOT smelting (burn 100 COAL + pay μ ORE ≈ 12.10 ORE), making treasury accumulation predictable and auditable
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Evergreen tool economics: 4% daily decay with repair costs (0.082643 INGOT + 0.3 WOOD) calibrated below recrafting costs (1 INGOT + 8 WOOD + c(y) COAL), incentivizing maintenance over churn
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Governance parameter space: Explicit tuning variables (c0, y_ref, p, μ, r_ing_total, w0) showing sophisticated mechanism design thinking
The proposal includes a GUI implementation on minechain.gg and allows "parameters to be slightly adjusted by the core team before launch, upon feedback from the community," indicating iterative development approach.
Relationship to KB
- futardio - governance decision
- 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 - demonstrates platform evolution into complex mechanism design
- dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution - implements tool-gated emission access with market-responsive throttle