teleo-codex/decisions/internet-finance/paystream-futardio-fundraise.md
m3taversal e8016cf013 rio: batch 3c — full text for remaining 21 decision records
Completes full proposal text backfill for all non-MetaDAO decision records.

Futardio proposals (3):
- futardio-proposal-1 (test, Failed 2024-05-27)
- futardio-fund-rug-bounty-program (Passed 2024-06-14)
- futardio-approve-budget-pre-governance-hackathon (Passed 2024-08-30)

FutureDAO (1):
- futuredao-initiate-liquidity-farming-raydium (Passed 2024-11-08)

Dean's List/IslandDAO (1):
- islanddao-treasury-proposal (Passed 2024-10-10)

Futardio launches — successful (3):
- avici-futardio-launch ($34.2M committed, $3.5M raised, 2025-10-14)
- paystream-futardio-fundraise ($6.1M committed, $750K raised, 2025-10-23)
- superclaw-futardio-fundraise ($5.95M committed, 119x oversubscribed, 2026-03-04)

Futardio launches — failed (10):
- digifrens ($6.6K/200K, 2026-03-03)
- git3 ($28.3K/100K, 2026-03-05)
- hurupay ($2M/3M, 2026-02-03)
- insert-coin-labs ($2.5K/50K, 2026-03-05)
- island ($250/50K, 2026-03-04)
- manna-finance ($205/120K, 2026-03-03)
- runbookai ($3.6K/350K, 2026-03-05)
- salmon-wallet (refunding, 2026-02-22)
- seekervault ($2.1K/75K, 2026-03-04)
- versus ($5.3K/500K, 2026-03-03)

Other (3):
- mtncapital-wind-down (first futarchy liquidation, ~Sep 2025)
- test-dao-testing-indexer-changes (test, 2025-07-02)
- the-meme-is-real (test, 2026-03-03)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:24:31 +00:00

60 lines
3 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "Paystream: Futardio Fundraise"
domain: internet-finance
status: passed
parent_entity: "[[paystream]]"
platform: "futardio"
proposal_url: "https://v1.metadao.fi/paystream/trade/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
proposal_date: 2025-10-23
resolution_date: 2025-10-27
category: "fundraise"
summary: "Paystream raised through MetaDAO's Futardio platform achieving 11.2x oversubscription"
key_metrics:
funding_target: "$550,000"
total_committed: "$6,149,247"
final_raise: "$750,000"
oversubscription_ratio: 11.2
token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta"
tracked_by: rio
created: 2026-03-11
---
# Paystream: Futardio Fundraise
## Summary
Paystream launched a futarchy-governed fundraise on Futardio targeting $550K and received $6.15M in commitments (11.2x oversubscription), ultimately raising $750K. The protocol unifies peer-to-peer lending, leveraged liquidity provisioning, and yield routing into a capital-efficient engine for Solana DeFi.
## Market Data
- **Outcome:** Passed (Complete)
- **Launch Date:** 2025-10-23
- **Close Date:** 2025-10-27
- **Target:** $550,000
- **Committed:** $6,149,247
- **Final Raise:** $750,000
- **Oversubscription:** 11.2x
## Project Description
Paystream is a modular Solana protocol that matches lenders and borrowers at fair mid-market rates, eliminating the wide APY spreads in pool-based models like Kamino and Juplend. The system routes capital through automated leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, and DAMM v2 pools, ensuring zero idle funds.
## Significance
This launch demonstrates continued strong demand for futarchy-governed fundraises on the Futardio platform, with oversubscription ratios exceeding 11x. The capital efficiency narrative (eliminating idle capital, tighter spreads) resonates with DeFi investors seeking yield optimization infrastructure.
## Relationship to KB
- [[paystream]] — parent entity
- [[futardio]] — launch platform
- [[metadao]] — governance infrastructure provider
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — mechanism context
## Full Proposal Text
*Source: futard.io, launched 2025-10-23*
Paystream: Liquidity Optimizer for Solana. Modular protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing.
**Core Value:** Matches lenders and borrowers at fair mid-market rates. Automates routing and leverage-enabled LP strategies across Raydium CLMM, Meteora DLMM, DAMM v2 pools. Eliminates wide APY spreads in pool-based models (Kamino, Juplend). Capital-efficient engine where every dollar is always moving/earning.
**Raise:** Target $550,000. Total committed: $6,149,247. Final raise: $750,000 (11.2x oversubscribed). Closed 2025-10-27.
**Token:** PAYS (PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta). Website: paystream.finance