ea3e40a7f5
- Source: inbox/archive/2025-03-05-futardio-proposal-should-sanctum-use-up-to-25m-cloud-to-incentivise-inf-sol-li.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
2.5 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposal_url | proposal_account | proposal_number | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults? | internet-finance | passed | sanctum | futardio | https://www.futard.io/proposal/6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q | 6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q | 4 | 2025-03-05 | 2025-03-08 | treasury | Deploy up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity via Kamino Vaults with 20% initial APY dropping to 15% | rio | 2026-03-11 |
Sanctum: Should Sanctum use up to 2.5M CLOUD to incentivise INF-SOL liquidity via Kamino Vaults?
Summary
Sanctum's CLOUD-003 proposal deployed up to 2.5M CLOUD tokens to incentivize INF-SOL liquidity through Kamino managed vaults, offering LPs 20% APY for the first month then 15% thereafter, targeting $2.5M TVL with a minimum 6-month duration. The proposal addressed insufficient native SOL liquidity depth for INF, which despite strong performance (outperforming mSOL and jitoSOL) lacked the deep liquidity pools needed for large depositors and to serve as Solana's LST liquidity nexus.
Market Data
- Outcome: Passed
- Proposal Date: 2025-03-05
- Resolution Date: 2025-03-08
- Proposal Account: 6mc1Fp6ds8XKA2jMzBDDhVwvY6ZCGg6SNqvHy4E6LS7Q
- DAO Account: 5n61x4BeVvvRMcYBMaorhu1MaZDViYw6HghE8gwLCvPR
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Autocrat Version: 0.3
Significance
This proposal demonstrates futarchy applied to operational treasury decisions for liquidity management, not just meta-governance. The decision involved complex multi-variable optimization (APY rates, duration, TVL caps, vault selection) that traditional token voting would struggle to price accurately. The proposal's rationale cited that >95% of existing xSOL-SOL liquidity comes from Kamino managed vaults, and that the INF-SOL Kamino vault had historically outperformed 100% INF HODL strategy due to high capital velocity.
Relationship to KB
- sanctum - treasury governance decision
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window - implementation example
- futarchy-markets-can-price-cultural-spending-proposals-by-treating-community-cohesion-and-brand-equity-as-token-price-inputs - extends to liquidity incentive decisions