c02c427f2d
- Source: inbox/archive/2025-10-23-futardio-launch-paystream.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
48 lines
2.4 KiB
Markdown
48 lines
2.4 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Paystream: Futardio Fundraise"
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domain: internet-finance
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status: passed
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parent_entity: "[[paystream]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
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proposal_date: 2025-10-23
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resolution_date: 2025-10-27
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category: "fundraise"
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summary: "Paystream raised $6.15M against $550K target through futarchy-governed launch for modular Solana liquidity protocol"
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key_metrics:
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raise_target: "$550,000"
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total_committed: "$6,149,247"
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oversubscription_ratio: 11.2
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final_raise: "$750,000"
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token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# Paystream: Futardio Fundraise
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## Summary
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Paystream launched a futarchy-governed fundraise on Futardio targeting $550,000 for its modular Solana protocol that unifies peer-to-peer lending, leveraged liquidity provisioning, and yield routing. The raise attracted $6,149,247 in commitments (11.2x oversubscription) and closed at $750,000 final raise on 2025-10-27.
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## Market Data
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- **Outcome:** Passed (completed)
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- **Launch Date:** 2025-10-23
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- **Close Date:** 2025-10-27
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- **Target:** $550,000
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- **Committed:** $6,149,247
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- **Final Raise:** $750,000
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- **Oversubscription:** 11.2x
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## Significance
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This launch demonstrates futarchy platforms can attract substantial capital for complex DeFi infrastructure without traditional VC gatekeeping. The 11.2x oversubscription shows market appetite for technically sophisticated protocols (peer-to-peer lending with leveraged LP strategies across multiple AMMs) when governed by conditional markets. Paystream's integration across Raydium CLMM, Meteora DLMM, and DAMM v2 represents multi-protocol infrastructure funded through permissionless mechanisms.
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The raise validates MetaDAO's thesis that futarchy-governed launches can compress fundraising timelines (4 days from launch to close) while achieving price discovery through market forces rather than negotiated valuations.
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## Relationship to KB
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- [[paystream]] - parent entity
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- [[futardio]] - launch platform
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- [[metadao]] - futarchy infrastructure provider
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- [[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]] - platform thesis validation
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- [[internet-capital-markets-compress-fundraising-timelines]] - 4-day raise demonstrates compression
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