m3taversal
e52f7c48ae
Adds complete proposal text to all 28 MetaDAO governance records that previously had only hand-built summaries. This was the original batch from PR #1748 that was closed without merge due to rebase conflict. Records updated: - Proposals 1-15: LST vote market, Autocrat migrations (v01/v02), Saber vote market, spot market creation, AMM program, multi-option proposals, OTC trades (Ben Hawkins, Pantera, Colosseum), Dutch auction, burn 99.3% META, FaaS development, benevolent dictators, compensation - Proposals 16-36: Fundraise 2, Q3 roadmap, create Futardio, services agreement, hire Advaith, swap ISC, hire Robin Hanson, token split, release launchpad, OTC Theia, migrate META token, fund futarchy research Source: inbox/archive/internet-finance/ proposal archives from futard.io Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
79 lines
4.1 KiB
Markdown
79 lines
4.1 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "MetaDAO: Enter Services Agreement with Organization Technology LLC?"
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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://v1.metadao.fi/metadao/trade/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH5"
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proposal_date: 2024-08-31
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resolution_date: 2024-09-03
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category: "treasury"
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summary: "Approve services agreement with US entity for paying MetaDAO contributors with $1.378M annualized burn"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Enter Services Agreement with Organization Technology LLC?
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## Summary
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This proposal established a services agreement with Organization Technology LLC, a US entity created as a payment vehicle for MetaDAO contributors. The agreement ensures all intellectual property remains owned by MetaDAO LLC while the entity handles contributor compensation. The proposal passed with an expected annualized burn of $1.378M.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Number:** 6
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- **Created:** 2024-08-31
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- **Completed:** 2024-09-03
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## Key Terms
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- Organization Technology LLC owns no intellectual property
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- Entity cannot encumber MetaDAO LLC
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- Agreement cancellable with 30-day notice or immediately for material breach
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- First disbursement scheduled for September 1, 2024 or passage date (whichever later)
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- Material expenses or contract changes require governance approval
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## Significance
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This proposal represents MetaDAO's operational maturation following its strategic partnership (Proposal 19). By creating a US legal entity for contributor payments while maintaining IP ownership in MetaDAO LLC, the structure attempts to balance operational needs with decentralized governance. The $1.378M annualized burn establishes MetaDAO's operational scale and commitment to sustained development.
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## Relationship to KB
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- [[metadao]] — treasury and operational decision
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- [[organization-technology-llc]] — entity created through this proposal
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- Part of post-Proposal 19 strategic partnership implementation
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## Full Proposal Text
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*Source: futard.io, tabled 2024-08-31*
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#### Type
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Operations Direct Action
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#### Author(s)
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Nallok, Proph3t
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### Overview
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Four weeks ago, MetaDAO completed its strategic partnership as part of [Proposal 19](https://futarchy.metadao.fi/metadao/proposals/9BMRY1HBe61MJoKEd9AAW5iNQyws2vGK6vuL49oR3AzX). To support MetaDAO's operations, we have created a US entity as a vehicle for paying MetaDAO contributors.
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Of note is:
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- This entity does not have nor will own any intellectual property, all efforts produced are owned by MetaDAO LLC.
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- This entity will be responsible for the costs of services and development and not have authority to encumber MetaDAO LLC.
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We are creating this proposal with a memo instruction to agree and sign the services agreement, which is legally binding as defined in MetaDAO LLC's operating agreement. You can review this agreement here:
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[https://docs.google.com/document/d/1vvl94DpvSpJoPGFyESs1TbGpnNf6zGBYp5a-5wwGXgM](https://docs.google.com/document/d/1vvl94DpvSpJoPGFyESs1TbGpnNf6zGBYp5a-5wwGXgM)
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If passed this proposal will execute the memo instructions which will act as a countersignatory to the agreement. The first disbursement from MetaDAO LLC to the entity will occur on September 1st, 2024 or when passed, whichever is later.
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This agreement can be canceled by the DAO with a 30 day notice or immediately through material breach of contract by either party. A 30 day notice and cancellation would need to be executed through a proposal.
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If any significant material expense is to be assessed or significant changes to the contract are to be made, those shall be put through the governance process of MetaDAO.
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- The expected annualized burn is $1.378M.
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- You can read about our [Q3 Roadmap](https://futarchy.metadao.fi/metadao/proposals/7AbivixQZTrgnqpmyxW2j1dd4Jyy15K3T2T7MEgfg8DZ).
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- For where current numbers in the agreement were arrived at you can review the [alignment proposal](https://futarchy.metadao.fi/metadao/proposals/BgHv9GutbnsXZLZQHqPL8BbGWwtcaRDWx82aeRMNmJbG).
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