- Source: inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
2.5 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 | Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults? | internet-finance | passed | sanctum | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q | 2025-03-05 | 2025-03-08 | treasury | Allocate up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity via Kamino Vaults with 20% initial APY dropping to 15% | rio | 2026-03-11 |
Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?
Summary
Proposal to allocate up to 2.5M CLOUD tokens for liquidity incentives on INF-SOL Kamino Vaults, offering 20% APY for the first month then 15% thereafter, targeting $2.5M TVL cap with minimum 6-month duration. The goal is to deepen INF-SOL native liquidity to support larger depositors and position INF as the liquidity nexus for Solana LSTs.
Market Data
- Outcome: Passed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Resolution: 2025-03-08
- Proposal Account: 6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q
- DAO Account: 5n61x4BeVvvRMcYBMaorhu1MaZDViYw6HghE8gwLCvPR
Rationale
INF has consistently outperformed mSOL and jitoSOL but lacks deep SOL native liquidity for large exits. Over 95% of xSOL-SOL liquidity on AMMs comes from Kamino managed vaults, indicating user preference for automated position management. The INF-SOL Kamino vault has historically outperformed 100% INF holding due to high capital velocity. Industry standard is 15% combined APY for LP incentives; proposal offers 20% initial rate to bootstrap liquidity.
Significance
Demonstrates futarchy pricing infrastructure spending where benefits are strategic (liquidity depth, institutional access) rather than direct revenue. Markets evaluated token dilution cost (2.5M CLOUD) against positioning value (becoming LST liquidity nexus). Shows futarchy can handle proposals with indirect, long-term value propositions.
Relationship to KB
- sanctum - treasury allocation decision
- MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions - market dynamics example
- futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs - infrastructure spending pricing