b83df569bf
- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
24 lines
1.2 KiB
Markdown
24 lines
1.2 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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platform: solana
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governance: futarchy
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tracked_by: rio
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created: 2026-03-11
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---
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# Coal
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## Overview
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Coal is a futarchy-governed token project on Solana using dynamic emission rate adjustments through bi-monthly decision markets. Originally launched with an algorithmic halving schedule (emission rate halving at each 5% circulating supply increase), Coal transitioned to market-governed monetary policy in November 2024. The project uses [[futardio]] for governance decisions.
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## Timeline
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- **2024-11-13** — [[coal-cut-emissions-by-50]] passed: Emission rate reduced from 15.625 to 7.8125 per minute, establishing bi-monthly futarchy governance for monetary policy
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## Relationship to KB
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- [[futardio]] - governance platform
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance model
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- [[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]] - underlying mechanism
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