c9379eca34
- 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>
35 lines
1.8 KiB
Markdown
35 lines
1.8 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "coal"
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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total_supply: "25,000,000 (increased from 21,000,000)"
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airdrop_amount: "420 coal per eligible META holder"
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eligible_wallets: 2314
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dev_fund: "3,028,120 coal"
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monthly_disbursement_cap: "30,000 coal"
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large_grant_threshold: "69,000 coal (requires separate decision market)"
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---
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# coal
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## Overview
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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.
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## Timeline
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- **2025-10-12** — Snapshot taken of META holders for airdrop eligibility (2,314 wallets holding at least $100 worth of META)
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- **2025-10-15** — [[coal-lets-get-futarded]] proposal created to expand supply, airdrop to META holders, and establish Development Fund
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- **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
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- **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)
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## Relationship to KB
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- [[MetaDAO]] — governance infrastructure provider
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — exemplifies futarchy memecoin model
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- [[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
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## Sources
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- Futardio proposal: Let's get Futarded (2025-10-15)
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