teleo-codex/decisions/internet-finance/loyal-liquidity-adjustment.md
Teleo Pipeline f70720aa78 reconcile: mark 312 archive sources, add 300 bidirectional links
- 131 sources → processed (matched to decisions/entities by proposal hash)
- 72 sources → null-result (test/spam)
- 109 sources → null-result (futardio unmatched, no KB output)
- 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.)
- 117 decisions get source_archive backlinks
- 131 archive sources get derived_items forward links
- Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A)

Script: reconcile-sources.py (proposal hash matching + entity name matching)

Co-Authored-By: Epimetheus <noreply@pentagon.ai>
2026-03-27 13:40:24 +00:00

3.3 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created source_archive
decision decision_market Loyal: Liquidity Adjustment — Withdraw and Burn Meteora Pool Tokens internet-finance passed loyal futardio Community members https://www.metadao.fi/projects/loyal/proposal/GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm 2025-12-23 2025-12-26 treasury Withdraw 90% of tokens from single-sided Meteora DAMM v2 pool and burn them to reduce circulating supply and selling pressure rio 2026-03-24 inbox/archive/2025-12-23-futardio-proposal-liquidity-adjustment-proposal.md

Loyal: Liquidity Adjustment — Withdraw and Burn Meteora Pool Tokens

Summary

Community-initiated proposal to withdraw 90% of LOYAL tokens (809,995) from the single-sided Meteora DAMM v2 pool and burn them. The pool created selling pressure without providing price support. Withdrew 90% (not 100%) to avoid visibility issues with Dexscreener and other apps that don't index the futarchyAMM pool. USDC withdrawn remains in treasury.

Market Data

  • Outcome: Passed
  • Proposal Account: GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm
  • Duration: 2025-12-23 to ~2025-12-26
  • Tokens Burned: 809,995 LOYAL

Significance

Demonstrates community-driven supply management through futarchy. The 90% withdrawal (not 100%) due to Dexscreener indexing limitations shows the practical constraints FaaS projects face when their primary liquidity is in futarchyAMM pools that aggregators don't yet support.

Relationship to KB

  • loyal — parent entity, supply management
  • futardio — governance platform

Full Proposal Text

Source: metadao.fi, tabled 2025-12-23. Authors: community members.

Type: Author(s): community members.

If passed, 90% of tokens remaining in the single-sided Meteora DAMM v2 pool will be withdrawn and burned. USDC withdrawn will remain in the project's treasury.

Motivation

As stated by the community members: The single-sided DAMM pool does not provide price support and creates unnecessary selling pressure. Withdrawing and burning the tokens would reduce the circulating supply and result in a better price.

Withdrawing the full liquidity and closing the position would cause visibility issues with some apps and Dexscreener as they don't index Futarchy AMM pool at the moment of writing. Therefore, we propose to withdraw 90% of the tokens in the pool.

Note from the MetaDAO team: If, at the time of execution, fewer than 809,995 LOYAL tokens are withdrawn from the Meteora pool, the SPL burn instruction will fail. To prevent that, 50% of the withdrawn tokens will be burned, and the remaining 50% will be held to be burned under a subsequent proposal.

Specification

  • Pool address: BGg7WsK98rhqtTp2uSKMa2yETqgwShFAjyf1RmYqCF7n
  • Total LOYAL amount: 809,995

Process

  1. Withdraw 809,995 LOYAL tokens remaining in the single-sided Meteora DAMM v2 pool.
  2. Execute SPL burn instruction.

Raw Data

  • Proposal account: GXdWao4Cy6EsvvS9atMb1kCPEAFwPXBe5kKCeLDtRJNm
  • Proposal number: 2
  • DAO account: GxpJkPEsPmuRCCTNnfZaDKg4X3gf4ZPgmqgFqtibaPtK
  • Proposer: ELT1uRmtFvYP6WSrc4mCZaW7VVbcdkcKAj39aHSVCmwH
  • Autocrat version: 0.6