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teleo-codex/entities/internet-finance/futardio-fund-rug-bounty-program.md
Teleo Agents ad9cb05ea1 rio: extract from 2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md 
- Source: inbox/archive/2024-06-14-futardio-proposal-fund-the-rug-bounty-program.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 14:36:25 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
entity decision_market FutureDAO: Fund the Rug Bounty Program internet-finance passed futardio futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://www.futard.io/proposal/4ztwWkz9TD5Ni9Ze6XEEj6qrPBhzdTQMfpXzZ6A8bGzt 2024-06-14 2024-06-19 grants Proposal to fund development of RugBounty.xyz platform with $5,000 USDC budget to help communities recover from rug pulls through bounty-incentivized token migrations rio 2026-03-11

FutureDAO: Fund the Rug Bounty Program

Summary

Proposal to allocate $5,000 USDC to develop RugBounty.xyz, a platform that incentivizes community members to onboard rugged project communities to FutureDAO's Token Migration tool. The program creates bounties for successful migrations (defined as raising over 60% of presale target in SOL), positioning FutureDAO as "Solana's Emergency Response Team (S.E.R.T.)".

Market Data

  • Outcome: Passed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Proposal Number: 2
  • Created: 2024-06-14
  • Completed: 2024-06-19
  • Ended: 2024-06-17

Budget Breakdown

  • Platform Development: $3,000 USDC
  • Website: $1,000 USDC
  • QA: $1,000 USDC
  • Operational Costs (API & Hosting): $1,000+
  • Future bounty allocations: TBD based on project scope

Significance

This proposal represents FutureDAO's strategic positioning as infrastructure for community recovery from rug pulls. The bounty mechanism creates a permissionless network of "pirates" who earn rewards for successfully migrating rugged communities to new tokens, demonstrating a novel application of futarchy-governed capital allocation to crypto ecosystem resilience.

The proposal passed through futarchy governance, indicating market belief that the rug bounty program would increase FUTURE token value through enhanced adoption of the Token Migration tool and ecosystem positioning.

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