23 lines
No EOL
1,002 B
Markdown
23 lines
No EOL
1,002 B
Markdown
# MetaDAO Proposal 1: Develop LST Vote Market
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**Status:** Passed
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**Category:** Product Strategy
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**Date:** 2024
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## Overview
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First product-building proposal under Meta-DAO umbrella, framed as legitimacy-building strategy through profit-turning products.
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## Proposal
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Develop an LST bribe platform allowing MNDE and mSOL holders to earn extra yield by directing their stake to validators who pay them. A bribe market already existed, but this proposal aimed to build Meta-DAO's own implementation.
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## Strategic Context
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> "Given that the Meta-DAO is a fundamentally new kind of organization, it lacks legitimacy. To gain legitimacy, we need to first *prove that the model works*. I believe that the best way to do that is by building profit-turning products under the Meta-DAO umbrella."
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This represents Meta-DAO's explicit strategy of establishing legitimacy through demonstrated product success rather than governance innovation alone.
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## Outcome
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Proposal passed through futarchy vote mechanism. |