1.9 KiB
1.9 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Drift: Fund The Drift Superteam Earn Creator Competition | internet-finance | failed | drift | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY | 2024-08-27 | 2024-08-31 | grants | Proposal to fund $8,250 prize pool for Drift Protocol Creator Competition promoting B.E.T prediction market through Superteam Earn bounties | rio | 2026-03-11 |
Drift: Fund The Drift Superteam Earn Creator Competition
Summary
Proposal to fund a creator competition with $8,250 in DRIFT tokens distributed through Superteam Earn to promote B.E.T (Solana's first capital efficient prediction market built on Drift). The competition included three bounty tracks (video, Twitter thread, trade ideas) plus a grand prize, each with tiered rewards. The proposal failed to pass.
Market Data
- Outcome: Failed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Prize Pool: $8,250 in DRIFT tokens
- Prize Structure: Grand prize ($3,000), three tracks at $1,750 each with 1st/2nd/3rd place awards
- Platform: Superteam Earn
- Duration: Created 2024-08-27, completed 2024-08-31
Significance
Represents an early futarchy-governed marketing/grants decision where a protocol attempted to use conditional markets to approve community engagement spending. The failure suggests either insufficient market participation, unfavorable price impact expectations, or community skepticism about the ROI of creator bounties for prediction market adoption.
Relationship to KB
- drift - parent protocol governance decision
- futardio - governance platform used
- MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions - may relate to why this failed