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teleo-codex/entities/internet-finance/metadao-appoint-nallok-proph3t-benevolent-dictators.md
Teleo Agents b1919ddc04 rio: extract from 2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md 
- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 10:51:31 +00:00

3 KiB
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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 MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months internet-finance passed metadao futardio HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW 2024-03-26 2024-03-31 strategy Appointed Proph3t and Nallok as interim leaders with authority over compensation, operations, and business decisions for three months to accelerate execution. rio 2026-03-11

MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months

Summary

This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) from proposal finalization through June 30, 2024, to accelerate MetaDAO's execution speed and handle business operations outside the slow proposal process. The proposal requested 1,015 META and 100,000 USDC for retroactive compensation (December-March) and forward-looking compensation (April-June).

Market Data

  • Outcome: Passed
  • Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
  • Proposal Number: 14
  • Completed: 2024-03-31

Authority Granted

The BDF3M role included:

  • Retroactive compensation for all prior MetaDAO contributions
  • Managing ongoing business operations and project management
  • Steering the off-chain proposal process and compensating proposers
  • Handling expenses and operational requirements
  • Improving security and efficacy of the core futarchy mechanism
  • Providing monthly community updates
  • Making exceptional use grants for MetaDAO's code licenses

Compensation Structure

  • Average 145 META and $14,000 per month per person
  • Funds distributed from multisigs rather than DAO treasury directly
  • META likely issued in 5-year locked form

OKRs

  • Execute faster: Complete 10 GitHub issues per week
  • Handle retroactive compensation within 1 week of passage
  • Oversee creation of new landing page
  • Perform operations compensation for April-June 2024

Significance

This proposal represented a critical governance transition where MetaDAO acknowledged that pure futarchy was too slow for operational decisions at its current stage. The proposal itself stated that failure would decrease MetaDAO's probability of success by more than 20%, indicating high perceived stakes. The temporary shift to benevolent dictatorship created a hybrid governance model where strategic decisions remained futarchic while operational execution became centralized.

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