teleo-codex/entities/internet-finance/salmon-wallet.md
Teleo Pipeline f70720aa78 reconcile: mark 312 archive sources, add 300 bidirectional links
- 131 sources → processed (matched to decisions/entities by proposal hash)
- 72 sources → null-result (test/spam)
- 109 sources → null-result (futardio unmatched, no KB output)
- 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.)
- 117 decisions get source_archive backlinks
- 131 archive sources get derived_items forward links
- Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A)

Script: reconcile-sources.py (proposal hash matching + entity name matching)

Co-Authored-By: Epimetheus <noreply@pentagon.ai>
2026-03-27 13:40:24 +00:00

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Markdown

---
type: entity
entity_type: company
name: Salmon Wallet
domain: internet-finance
status: active
founded: 2022
website: https://salmonwallet.io/
github: https://github.com/salmon-wallet
key_people:
- role: team
name: undisclosed
key_metrics:
prior_funding: "$122,500"
bootstrap_funding: "$80,000"
grants_received: "$42,500"
futarchy_raise_target: "$375,000"
futarchy_raise_actual: "$97,535"
monthly_burn_rate: "$25,000"
tracked_by: rio
created: 2026-03-11
source_archive: "inbox/archive/2026-02-22-futardio-launch-salmon-wallet.md"
---
# Salmon Wallet
Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026 seeking $375K for 12-month operational runway, raising only $97,535 before refunding. Operates own Solana validator for transparent revenue. Governance via SAL token using futarchy model.
## Timeline
- **2022** — Project founded, listed on Solana wallet adapter, received $80K bootstrap funding
- **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K)
- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched on futard.io seeking $375K
- **2026-03-04** — Fundraise closed with $97,535 raised (26% of target), status: Refunding
## Relationship to KB
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical case of adoption friction for operational software
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — first wallet infrastructure project on platform
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — included traditional operational structures despite futarchy governance