teleo-codex/entities/internet-finance/coal.md
Teleo Agents c9379eca34 rio: extract from 2025-10-15-futardio-proposal-lets-get-futarded.md
- 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>
2026-03-12 14:30:45 +00:00

1.8 KiB

type entity_type name domain status tracked_by created key_metrics
entity company coal internet-finance active rio 2026-03-11
total_supply airdrop_amount eligible_wallets dev_fund monthly_disbursement_cap large_grant_threshold
25,000,000 (increased from 21,000,000) 420 coal per eligible META holder 2314 3,028,120 coal 30,000 coal 69,000 coal (requires separate decision market)

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)
  • 2025-10-15coal-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

Sources

  • Futardio proposal: Let's get Futarded (2025-10-15)