- Source: inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
25 lines
1.1 KiB
Markdown
25 lines
1.1 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "coal"
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domain: internet-finance
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status: active
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platform: "Solana"
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governance: "futarchy"
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tracked_by: rio
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created: 2026-03-11
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---
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# coal
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## Overview
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Futarchy-governed token project on Solana using MetaDAO's Autocrat program. Launched with a supply-based halving schedule (emission rate halves every 5% circulating supply increase). After six halvings reaching 15.625 tokens/minute emission rate, the DAO transitioned to bi-monthly futarchy markets for emission rate adjustments.
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## Timeline
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- **2024-11-13** — [[coal-cut-emissions-by-50]] proposed: reduce emission rate from 15.625 to 7.8125 per minute
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- **2024-11-17** — Emissions reduction proposal passed, establishing bi-monthly decision markets for future rate adjustments
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## Relationship to KB
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- [[futardio]] - governance platform
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- [[MetaDAO]] - parent organization
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- [[dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution]] - governance model
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