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teleo-codex/entities/internet-finance/coal-lets-get-futarded.md
Teleo Pipeline ae9e993c58 leo: consolidate new entities and claims from near-duplicate PRs 
- What: 21 new entity/claim files + 5 archive updates extracted from 14 PRs
  that had merge conflicts on shared entity files
- Why: PRs 700,701,716,753,758,765,778,790,791,797,805,818,823,831
  each modified shared files (futardio.md, metadao.md, coal.md, drift.md,
  polymarket.md, paystream.md, avici.md) causing conflicts.
  PR 788 skipped (archive file already on main).
  Closed the PRs and consolidated only the new, unique files.
- Connections: extends internet-finance entity coverage and health domain claims

Pentagon-Agent: Leo <294C3CA1-0205-4668-82FA-B984D54F48AD>
2026-03-15 11:54:59 +00:00

4 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
entity decision_market coal: Let's get Futarded internet-finance passed coal futardio HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA 2025-10-15 2025-10-18 treasury Expand coal supply to 25M, airdrop 420 COAL to 2,314 META holders, establish 3M COAL dev fund, migrate to v0.6 governance rio 2026-03-11
proposal_number autocrat_version proposal_length new_governance_params
3 0.3 3 days
twap_delay min_liquidity pass_threshold coal_staked proposal_length
1 day 1500 USDC, 2000 COAL 100 bps 10,000 3 days

coal: Let's get Futarded

Summary

This proposal executed a comprehensive governance and tokenomics upgrade for coal, the only proof-of-work memecoin on Solana. It expanded total supply from 21M to 25M COAL through a one-time mint, distributed 420 COAL to each of 2,314 eligible META holders (snapshot October 12, 2025), established a 3.03M COAL development fund with monthly disbursement guardrails, and migrated the DAO to v0.6 governance infrastructure with futarchy AMM capabilities.

Market Data

  • Outcome: Passed
  • Proposer: HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC
  • Proposal Account: 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA
  • DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
  • Duration: October 15-18, 2025 (3 days)

Proposal Structure

Airdrop Component

  • Eligibility: All META holders at October 12, 2025 snapshot holding ≥$100 notional value
  • Amount: 420 COAL per eligible wallet
  • Total Recipients: 2,314 wallets
  • Total Airdrop: 971,880 COAL

Supply Expansion

  • Previous Supply: 21,000,000 COAL
  • New Supply: 25,000,000 COAL
  • One-time Increase: 4,000,000 COAL
  • Allocation: 971,880 to airdrop, 3,028,120 to dev fund
  • Mining Emissions: Unchanged

Development Fund

  • Size: 3,028,120 COAL
  • Manager: DAO treasury
  • Monthly Disbursement Cap: 30,000 COAL to Grant (lead dev)
  • Large Grant Threshold: Any single use >69,000 COAL requires separate decision market
  • Transparency: Public ledger, monthly forum reports, verified addresses
  • Purpose: Protocol development, futarchy experiments, community contributions, tooling, integrations, marketing, liquidity seeding

Governance Migration

  • Target: v0.6 DAO infrastructure
  • New Features: DAO treasury, futarchy AMM, full governance tooling
  • TWAP Delay: 1 day
  • Minimum Liquidity: 1,500 USDC + 2,000 COAL
  • Pass Threshold: 100 basis points
  • Staking Requirement: 10,000 COAL
  • Proposal Duration: 3 days

Liquidity Strategy

  • OTC Buyer: Lined up to purchase portion of dev fund
  • Proceeds Use: Seed futarchy AMM and bootstrap COAL liquidity

Significance

This proposal represents a comprehensive transition from experimental memecoin to structured futarchy-governed protocol. The META holder airdrop creates cross-pollination between MetaDAO's futarchy ecosystem and coal's proof-of-work model. The development fund with explicit guardrails (monthly caps, large-grant thresholds requiring separate markets) demonstrates maturing governance design that balances operational flexibility with market oversight. The migration to v0.6 infrastructure with futarchy AMM capabilities positions coal as a testing ground for futarchy mechanisms in the memecoin context.

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