teleo-codex/decisions/internet-finance/metadao-otc-trade-ben-hawkins.md
m3taversal 1a31bc0f4d rio: Dean's List, ORE, coal full text + URL migration (75 files)
Changes that missed PR #1750 merge:

Dean's List (8 records):
- 6 full text backfills + 2 new (Treasury De-Risking, Liquidity Fee Structure)

ORE (4 records):
- 2 full text backfills + 2 new (USDC-ORE Boost, Sublinear Supply Function)

coal (4 records):
- 4 full text backfills

URL migration (75 files):
- All proposal_url fields migrated from dead futard.io to v1.metadao.fi
- Pattern: futard.io/proposal/{key} → v1.metadao.fi/{project}/trade/{key}
- futard.io returns 404; v1.metadao.fi returns 200

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 14:58:28 +00:00

1.5 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
decision decision_market MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins internet-finance failed metadao futardio Ben Hawkins https://v1.metadao.fi/MetaDAO/trade/US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK 2024-02-13 2024-02-18 treasury Proposal to mint 1,500 META tokens in exchange for $50,000 USDC to MetaDAO treasury at $33.33 per META rio 2026-03-11

MetaDAO: Engage in $50,000 OTC Trade with Ben Hawkins

Summary

Ben Hawkins proposed to mint 1,500 META tokens to his wallet address in exchange for sending $50,000 USDC to MetaDAO's treasury, valuing META at $33.33 per token. The proposal was rejected by the futarchy markets.

Market Data

  • Outcome: Failed
  • Proposer: Ben Hawkins
  • Proposal Account: US8j6iLf9GkokZbk89Bo1qnGBees5etv5sEfsfvCoZK
  • Proposal Number: 6
  • Created: 2024-02-13
  • Completed: 2024-02-18
  • Ended: 2024-02-18

Significance

This represents an early OTC trade proposal on MetaDAO's futarchy platform, testing the market's willingness to accept direct token minting for treasury capital. The rejection suggests the market viewed the valuation as unfavorable or the dilution as undesirable at that time.

Relationship to KB

  • metadao - treasury governance decision
  • futardio - platform where proposal was executed