a9ee3b5cd8
- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
33 lines
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1.5 KiB
Markdown
33 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "coal"
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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total_supply: "25,000,000 COAL (post-proposal)"
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initial_supply: "21,000,000 COAL"
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supply_increase: "4,000,000 COAL (one-time)"
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airdrop_allocation: "971,880 COAL"
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dev_fund_allocation: "3,028,120 COAL"
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eligible_wallets: 2314
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airdrop_amount_per_wallet: "420 COAL"
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min_meta_holding: "$100 USD notional"
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snapshot_date: "2025-10-12"
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---
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# coal
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coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana following the Ore transition. The project operates through minechain.gg and describes itself as "the only futarchy memecoin" on Solana. coal transitioned to v0.6 DAO governance with futarchy-based decision making through the MetaDAO platform.
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## Timeline
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- **2025-10-12** — Snapshot taken for META holder airdrop eligibility (2,314 wallets holding ≥$100 META)
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- **2025-10-15** — [[coal-lets-get-futarded]] proposal created: airdrop 420 COAL to META holders, increase supply to 25M, establish Development Fund
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- **2025-10-18** — Proposal passed and completed; migrated to v0.6 DAO governance with futarchy AMM, treasury, and new proposal parameters (1-day TWAP delay, 1500 USDC/2000 COAL minimum liquidity, 100 bps pass threshold, 10K COAL stake requirement, 3-day proposal length)
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## Relationship to KB
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- [[futardio]] — governance platform
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- [[MetaDAO]] — parent futarchy ecosystem
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies this pattern |