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- Source: inbox/archive/2024-03-26-futardio-proposal-appoint-nallok-and-proph3t-benevolent-dictators-for-three-mo.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | key_metrics | tracked_by | created | ||||||||||
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| entity | decision_market | MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months | internet-finance | passed | metadao | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/BqMrwwZYdpbXNsfpcxxG2DyiQ7uuKB69PznPWZ33GrZW | 2024-03-26 | 2024-03-31 | strategy | Appointed Proph3t and Nallok as interim leaders with authority over retroactive compensation, business operations, and contributor compensation for three months to accelerate decision-making. |
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rio | 2026-03-11 |
MetaDAO: Appoint Nallok and Proph3t Benevolent Dictators for Three Months
Summary
This proposal appointed Proph3t and Nallok as Benevolent Dictators For 3 Months (BDF3M) to address MetaDAO's slow execution speed caused by a costly and time-consuming proposal process. The appointment covered retroactive compensation for December-March and forward compensation for April-June, totaling 1015 META and 100,000 USDC.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Resolution: 2024-03-31
- Proposal Number: 14
Scope of Authority
The BDF3M role granted Proph3t and Nallok authority over:
- Retroactive compensation for all contributions prior to the proposal
- Business operations including off-chain proposal process management, project management, expenses, and security improvements
- Current contributor compensation including incentive-based components
- Exceptional use grants for MetaDAO's code licenses
- Monthly community updates
Compensation Structure
- Total: 1015 META + 100,000 USDC
- Period: 7 months (4 retroactive + 3 forward)
- Average: 145 META + $14,000 per month
- Distribution: From multisigs rather than DAO treasury directly
- Vesting: META likely issued in 5-year locked form
OKRs
- Execute faster: Complete 10 GitHub issues per week
- Handle retroactive compensation within 1 week of passage
- Oversee new landing page creation
- Perform operations compensation for April-June
Significance
This proposal represented a critical governance transition where MetaDAO temporarily centralized decision-making authority to overcome execution bottlenecks. The proposers estimated that failure would decrease MetaDAO's success probability by over 20%, framing this as an existential decision point. The three-month term was designed as a bridge until futarchy could function autonomously or another governance structure could be established.