- Source: inbox/archive/2025-10-15-futardio-proposal-lets-get-futarded.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
1.8 KiB
1.8 KiB
| type | entity_type | name | domain | status | tracked_by | created | key_metrics | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | coal | internet-finance | active | rio | 2026-03-11 |
|
coal
Overview
coal is a futarchy-governed memecoin and the only proof-of-work coin on Solana post-Ore transition. The project operates through minechain.gg and uses futarchy governance via MetaDAO's v.06 DAO infrastructure with conditional token markets for decision-making.
Timeline
- 2025-10-12 — Snapshot taken of META holders for airdrop eligibility (2,314 wallets holding at least $100 worth of META)
- 2025-10-15 — coal-lets-get-futarded proposal created to expand supply, airdrop to META holders, and establish Development Fund
- 2025-10-18 — Proposal passed; total supply increased from 21M to 25M coal; 971,880 coal allocated to airdrop (420 per eligible wallet), 3,028,120 to Development Fund
- 2025-10-18 — Migration to v.06 DAO governance with futarchy AMM, DAO treasury, and new proposal parameters (1-day TWAP delay, 1500 USDC/2000 coal minimum liquidity, 100 bps pass threshold, 10,000 coal stake requirement, 3-day proposal length)
Relationship to KB
- MetaDAO — governance infrastructure provider
- futarchy-governed-meme-coins-attract-speculative-capital-at-scale — exemplifies futarchy memecoin model
- futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations — demonstrates supply expansion for treasury funding
Sources
- Futardio proposal: Let's get Futarded (2025-10-15)