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- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
3.7 KiB
| type | title | author | url | date | domain | format | status | tags | event_type | processed_by | processed_date | extraction_model | extraction_notes | |||||
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| source | Futardio: Establish Development Fund? | futard.io | https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U | 2024-12-05 | internet-finance | data | processed |
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proposal | rio | 2026-03-11 | anthropic/claude-sonnet-4.5 | Factual governance proposal data. Created decision_market entity for the proposal and parent entity for COAL project. No novel claims about futarchy mechanisms—this is a straightforward failed treasury proposal. The failure is notable as data point but doesn't generate mechanism insights beyond what existing claims already cover. |
Proposal Details
- Project: coal
- Proposal: Establish Development Fund?
- Status: Failed
- Created: 2024-12-05
- URL: https://www.futard.io/proposal/DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U
- Description: Should COAL establish a development fund?
- Categories: {'category': 'Governance'}
- Discussion: https://discord.gg/YeJTmTqQG4
Summary
🎯 Key Points
Establish a Development Fund through a 4.2% emissions allocation to support protocol development, reward community contributions, and enable marketing initiatives for the $COAL ecosystem.
📊 Impact Analysis
👥 Stakeholder Impact
This proposal provides a structured funding mechanism that benefits community members and developers by rewarding contributions and fostering innovation.
📈 Upside Potential
The fund has the potential to enhance project sustainability and growth, leading to a more robust $COAL ecosystem.
📉 Risk Factors
Implementing the fund may dilute mining rewards and could create tension among miners if perceived as reducing their share of emissions.
Content
Overview
Since its fair launch in August 2024, $COAL has been a community-driven project with no pre-mine or team allocation. While this approach has ensured a fair start, it limits our ability to scale the project and reward community contributions.
To ensure the long-term sustainability of the project, we propose establishing a Development Fund through a 4.2% emissions allocation.
This fund will:
- Support on-going protocol development and innovation
- Reward community-driven initiatives and contributions
- Enable marketing and growth initiatives to expand the $COAL ecosystem
Details
The emissions allocation will be 4.2% of the current mining emission rate:
11,250 * 0.042 = 472.5 (development allocation per day)
To avoid reducing mining rewards, this allocation will result in a 4.2% increase in total supply growth. However, future emission rate adjustments will integrate this allocation into the base rate.
The development allocation will be claimed weekly and transferred to a DAO-managed multisig wallet. All expenditures from this fund will be tracked and shared publicly to ensure transparency and accountability.
Example for Future Adjustments:
If the emission rate were adjusted to 10,000 $COAL/day:
- Mining rewards: 9,580 $COAL/day
- Development allocation: 420 $COAL/day
Raw Data
- Proposal account:
DhY2YrMde6BxiqCrqUieoKt5TYzRwf2KYE3J2RQyQc7U - Proposal number: 2
- DAO account:
3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG - Proposer:
AH7F2EPHXWhfF5yc7xnv1zPbwz3YqD6CtAqbCyE9dy7r - Autocrat version: 0.3
- Completed: 2024-12-08
- Ended: 2024-12-08
Key Facts
- COAL fair launched August 2024 with no pre-mine or team allocation
- Base emission rate: 11,250 COAL/day
- Proposed development allocation: 472.5 COAL/day (4.2%)
- Development fund proposal failed 2024-12-08 after 3-day voting period
- Proposal included weekly claims, public expenditure tracking, DAO-managed multisig