ebb6dd29e7
- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
47 lines
No EOL
2.3 KiB
Markdown
47 lines
No EOL
2.3 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
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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://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
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proposal_date: 2024-10-22
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resolution_date: 2024-10-26
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category: "hiring"
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summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 1% token allocation"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
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## Summary
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Proposal to extend an offer to Advaith Sekharan for founding engineer role at $180,000 annual salary plus 237 META tokens (1% of supply excluding DAO holdings). Compensation structure mirrors co-founder terms with performance-based vesting tied to market cap milestones, 4-year cliff starting November 2028, and 8-month clawback period.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
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- **Proposal Number:** 7
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- **Completed:** 2024-10-26
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## Key Terms
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- **Salary:** $180,000/year (retroactive to October 16, 2024)
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- **Token Allocation:** 237 META (1% of 23,705.7 supply including co-founder allocations)
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- **Vesting Start:** November 2024
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- **Cliff:** No tokens unlock before November 2028
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- **Performance Unlocks:** Linear from $500M market cap (10% unlock) to $5B (100% unlock)
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- **Market Cap Definition:** $1B = $42,198 per META
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- **Clawback Period:** 8 months (until July 2025)
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## Significance
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This hiring decision demonstrates MetaDAO's execution on its San Francisco core team buildout strategy from Fundraise #2. The compensation structure is notable for aligning founding engineer incentives with co-founder terms while maintaining long-term commitment through the 4-year cliff and performance-based unlocks tied to specific market cap milestones rather than time-based vesting.
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## Relationship to KB
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- [[metadao]] — hiring decision for core team expansion
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- [[advaith-sekharan]] — hired individual
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- [[metadao-fundraise-2]] — strategic context for hiring
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism example |