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teleo-codex/decisions/internet-finance/sanctum-incentivise-inf-sol-liquidity.md
Teleo Agents 0da42ebbf1 schema: move 68 decision_market entities to decisions/internet-finance/ 
Separates governance decisions from entities. decision_market type replaced
by type: decision in new decisions/ directory. Entities (companies, people,
protocols) remain in entities/{domain}/.

Architecture: Leo (schema), Rio (taxonomy), Ganymede (migration), Rhea (ops)
Implemented by: Epimetheus

Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
2026-03-16 17:31:07 +00:00

2.7 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
decision 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 Deploy up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity via Kamino vaults with 20% initial APY transitioning 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 deploy up to 2.5M CLOUD tokens as liquidity mining incentives for INF-SOL Kamino vaults, offering 20% APY for the first month then 15% thereafter, to deepen native SOL liquidity for INF. The proposal addresses insufficient liquidity depth for large depositors and positions INF as a liquidity nexus for Solana LSTs.

Market Data

  • Outcome: Passed
  • Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
  • Platform: Futardio (Autocrat v0.3)
  • Duration: 2025-03-05 to 2025-03-08
  • Target TVL: $2.5M cap
  • Expected Duration: 6+ months at target TVL

Mechanism Design

The proposal uses dynamic incentive adjustment where Kamino team controls emission rates to maintain 15% APY target as TVL and CLOUD price fluctuate. This represents a hybrid approach: futarchy determines whether to allocate treasury resources, but operational execution (rate adjustments) is delegated to Kamino rather than governed by additional markets.

Context

  • INF outperforms mSOL and jitoSOL historically but lacks liquidity depth
  • 95%+ of xSOL-SOL AMM liquidity comes from Kamino managed vaults
  • INF-SOL Kamino vault has outperformed 100% INF HODL due to high capital velocity
  • Industry standard for LP incentives is 15% combined APY

Significance

Demonstrates futarchy application to treasury-funded growth initiatives where the proposal is economically straightforward (proven incentive model, clear problem, established partner). Low trading volume suggests market viewed this as obviously beneficial rather than requiring price discovery.

Relationship to KB

  • sanctum - treasury allocation decision
  • 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 - mechanism used
  • MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions - exemplifies pattern