teleo-codex/decisions/internet-finance/solomon-treasury-subcommittee.md
m3taversal fdebd95137 rio: batch 4 — 26 new decision records for 10 projects
New decision records with full proposal text for projects that previously
had zero governance documentation in the KB.

Omnipair (4): OMFG-001 through OMFG-004
Ranger (3): ICO launch + $2M buyback + contested liquidation
Solomon (3): ICO launch ($102.9M committed) + DP-00001 + DP-00002
Loyal (3): ICO launch ($75.9M committed) + buyback + liquidity adjustment
ZKLSOL (4): ICO launch + team burn + buyback + restructuring
Umbra (3): ICO launch + security audits + mainnet expansion
Futardio cult (3): ICO launch + omnibus (90% token burn) + liquidity pool
Kyros (1): Burn 4.42M unclaimed airdrop
Jito DAO (1): JTO Vault / TipRouter NCN (JIP-10)
Marinade (1): SAM Bid Routing to MNDE Stakers (MIP.5)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:53:35 +00:00

2.6 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
decision decision_market Solomon: DP-00001 — Treasury Subcommittee and Legal Budget internet-finance passed solomon futardio Solomon team https://www.metadao.fi/projects/solomon/proposal/8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK 2026-03-05 2026-03-08 operations Fund $150K capped legal/compliance budget in segregated wallet and nominate pre-formation treasury subcommittee for readiness work rio 2026-03-24

Solomon: DP-00001 — Treasury Subcommittee and Legal Budget

Summary

First Solomon governance proposal. Funds a capped $150K legal and compliance budget in a segregated wallet (legal work only). Nominates a pre-formation treasury subcommittee for readiness work only — no authority to move treasury funds. Part of a staged proposal series to deploy the DAO treasury under explicit controls: DP-00001 (legal + committee), followed by proposals defining permitted capital policy actions and then activating delegated authority with strict limits and reporting.

Market Data

  • Outcome: Passed
  • Proposal Account: 8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK
  • Duration: 2026-03-05 to ~2026-03-08

Significance

Most sophisticated governance scaffolding observed in a FaaS-launched project. The staged proposal series (legal foundation → policy framework → delegated authority) mirrors traditional corporate governance formation while using futarchy for each approval step. The segregated wallet with use restrictions demonstrates that futarchy-governed DAOs can implement granular treasury controls beyond simple yes/no spending decisions.

Relationship to KB

Full Proposal Text

Source: metadao.fi, tabled 2026-03-05

This proposal series sets up a staged path to deploy the DAO treasury under explicit controls. DP-00001 does two things: funds a capped $150K legal and compliance budget in a segregated wallet (only for legal, regulatory, and compliance work), and nominates a pre-formation treasury subcommittee for readiness work only (no authority to move treasury funds). Follow-on proposals define permitted capital policy actions and, once the Company is formed, designate the Treasury Account and activate delegated authority with strict limits and required reporting.