m3taversal
afe6312299
- What: Rewrote all 27 existing MetaDAO governance decision records with full verbatim proposal text, correct URLs, Summary & Connections - Includes META-032 (DBA/Variant $6M OTC rejection) — previously had sparse summary, now has full proposal text + $879K volume data + pass/fail TWAP spread showing -64% pass vs +0.5% fail - Combined with batch 1 (5 new), all 32 MetaDAO governance proposals are now complete with full text Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
3.6 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | key_metrics | tags | tracked_by | created | last_updated | |||||||||||||
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| decision | decision_market | MetaDAO: Migrate Autocrat Program to v0.1? | internet-finance | passed | metadao | metadao | Proph3t | https://v1.metadao.fi/metadao/trade/AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi | 2023-12-03 | 2023-12-13 | mechanism | Proposal 1 — First Autocrat upgrade. Configurable proposal slots, 3-day default duration. Migrated 990,000 META + 10,025 USDC + 5.5 SOL. Counterparty risk acknowledged: unverifiable build. |
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rio | 2026-03-11 | 2026-03-24 |
MetaDAO: Migrate Autocrat Program to v0.1?
Summary & Connections
Proposal 1 — first Autocrat upgrade. Configurable proposal slot duration (default 3 days for quicker feedback). Migrated 990,000 META + 10,025 USDC + 5.5 SOL to new program. Proph3t explicitly acknowledged counterparty risk: unable to use solana-verifiable-build, so participants must trust he didn't introduce a backdoor.
Outcome: Passed (2023-12-13).
Connections:
- The "trust me" counterparty risk disclosure is remarkably honest for a treasury migration. ~$990K+ in assets moved on trust in the developer. This is the kind of early-stage trade-off that metadao-autocrat-migration-accepted-counterparty-risk-from-unverifiable-builds-prioritizing-iteration-speed-over-security-guarantees documents.
- 3-day default proposal duration became the standard — later formalized in v0.2 and v0.3. The MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window claim originates from this configuration.
- "I didn't change that much of autocrat" — the incremental upgrade approach, as opposed to rewrites, became the pattern for all subsequent migrations.
Full Proposal Text
Overview
I've made some improvements to the autocrat program. Most importantly, I've made the slots per proposal configurable, and changed its default to 3 days to allow for quicker feedback loops.
This proposal migrates the 990,000 META, 10,025 USDC, and 5.5 SOL from the treasury owned by the first program to the treasury owned by the second program.
Key risks
Smart contract risk: There is a risk that the new program contains an important bug that the first one didn't. I consider this risk small given that I didn't change that much of autocrat.
Counter-party risk: Unfortunately, for reasons I can't get into, I was unable to build this new program with solana-verifiable-build. You'd be placing trust in me that I didn't introduce a backdoor, not on the GitHub repo, that allows me to steal the funds. For future versions, I should always be able to use verifiable builds.
Raw Data
- Proposal account:
AkLsnieYpCU2UsSqUNrbMrQNi9bvdnjxx75mZbJns9zi - Proposal number: 1
- DAO account:
3wDJ5g73ABaDsL1qofF5jJqEJU4RnRQrvzRLkSnFc5di - Proposer:
HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz - Autocrat version: 0
- Completed: 2023-12-13
Relationship to KB
- metadao — parent entity, first protocol upgrade
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window — 3-day duration established here