cd48bda945
- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
46 lines
No EOL
2.3 KiB
Markdown
46 lines
No EOL
2.3 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "Nallok, Proph3t"
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proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_date: 2024-10-22
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resolution_date: 2024-10-26
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category: "hiring"
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summary: "Hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens (1% supply) vesting over 4 years with market-cap-based unlocks"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Hire Advaith Sekharan as Founding Engineer
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## Summary
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Proposal to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual salary and 237 META tokens (1% of supply excluding DAO holdings). Compensation mirrors co-founder structure with performance-based unlocks tied to market cap milestones, 4-year vesting starting November 2024, and 8-month clawback period.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
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- **Proposal Number:** 7
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- **Completed:** 2024-10-26
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## Compensation Structure
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- **Cash:** $180,000/year (retroactive to October 16, 2024)
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- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations)
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- **Vesting Start:** November 2024
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- **Unlock Schedule:** Linear based on market cap ($500M = 10% unlock, $5B = 100% unlock)
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- **Cliff:** No tokens unlock before November 2028 (4-year cliff)
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- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months)
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- **Market Cap Definition:** $1B = $42,198 per META
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## Significance
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This proposal established MetaDAO's founding team compensation model, extending the performance-based token structure used for co-founders (Nallok and Proph3t) to the first engineering hire. The structure aligns long-term incentives through market-cap-based unlocks rather than time-based vesting, and includes significant downside protection for the DAO through the 8-month clawback period and 4-year cliff.
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## Relationship to KB
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- [[metadao]] — core team expansion
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- [[advaith-sekharan]] — hired as founding engineer
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example |