9bdb904726
- Source: inbox/archive/2024-07-18-futardio-proposal-enhancing-the-deans-list-dao-economic-model.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2.2 KiB
2.2 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 | IslandDAO: Enhancing The Dean's List DAO Economic Model | internet-finance | passed | deans-list | futardio | 8Cwx4yR2sFAC5Pdx2NgGHxCk1gJrtSTxJoyqVonqndhq | https://www.futard.io/proposal/5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp | 2024-07-18 | 2024-07-22 | treasury | Proposal to charge clients in USDC, use proceeds to buy $DEAN tokens, and distribute tokens to DAO citizens while retaining tax in USDC | rio | 2026-03-11 |
IslandDAO: Enhancing The Dean's List DAO Economic Model
Summary
The proposal restructures The Dean's List DAO's payment model to charge clients in USDC, use collected funds to purchase $DEAN tokens from the market, and distribute those tokens to DAO citizens as payment. The DAO retains its tax in USDC as a hedge against $DEAN price volatility. The model aims to create consistent buying pressure on $DEAN that exceeds selling pressure from citizens cashing out.
Market Data
- Outcome: Passed
- Proposer: 8Cwx4yR2sFAC5Pdx2NgGHxCk1gJrtSTxJoyqVonqndhq
- Proposal Account: 5c2XSWQ9rVPge2Umoz1yenZcAwRaQS5bC4i4w87B1WUp
- Created: 2024-07-18
- Completed: 2024-07-22
Mechanism Design
The proposal includes detailed financial modeling:
- Example: 2,500 USDC service with 20% DAO tax
- 500 USDC to treasury, 2,000 USDC buys $DEAN
- Assumes 80% of citizens sell tokens immediately
- Projects net positive price pressure (buys exceed sells by 20%)
- Estimated 5.33% FDV increase vs 3% TWAP requirement
Significance
This represents an operational-level application of protocol revenue → token buyback mechanics, similar to investment vehicle fee structures but applied to DAO service payments. The proposal passed without apparent controversy, suggesting alignment within the DAO on the economic model shift.
Relationship to KB
- deans-list - parent entity governance decision
- token economics replacing management fees and carried interest creates natural meritocracy in investment governance - related mechanism pattern
- MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions - governance context