c9c7c9fab5
- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
2.6 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 | IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens | internet-finance | passed | deans-list | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc | 2024-06-08 | 2024-06-11 | grants | Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club to attract 200 students with target 5% FDV increase | rio | 2026-03-11 |
IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
Summary
Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at time of proposal) to the University of Waterloo Blockchain Club's 200 members. The proposal targeted a 5% increase in The Dean's List DAO's fully diluted valuation ($5,783 increase from $115,655 baseline) over a 5-day trading period as the success condition. The proposal passed, completing on 2024-06-11.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Trading Period: 5 days (2024-06-08 to 2024-06-11)
- Token Allocation: 1,000,000 $DEAN (~$1,300 USDC)
- Target FDV Impact: 5% increase ($5,783)
- Projected ROI: $4.45 benefit per dollar spent
- Target Participants: 200 University of Waterloo Blockchain Club students
Significance
This proposal demonstrates futarchy-governed grant allocation with explicit ROI modeling. The proposal calculated that each of 200 students needed to contribute activities increasing FDV by $28.915 to meet the 5% threshold. The justification framed university partnership as talent pipeline investment rather than pure marketing spend, with tokens held in multi-signature wallet for "secure and responsible management."
The proposal's economic model explicitly tied grant spending to measurable FDV impact, creating accountability through conditional market resolution. This represents an attempt to apply futarchy's market-based decision-making to community development and talent acquisition spending.
Relationship to KB
- deans-list - parent DAO making the grant decision
- futardio - platform hosting the decision market
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window - governance mechanism used