teleo/teleo-codex
8
0
Fork 0
Code Issues 22 Pull requests 4 Projects Releases Packages Wiki Activity Actions 1
teleo-codex/entities/internet-finance/coal-meta-pow-treasury-protocol.md
Teleo Agents f1129c9f6e rio: extract from 2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md 
- Source: inbox/archive/2025-11-07-futardio-proposal-meta-pow-the-ore-treasury-protocol.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 16:13:55 +00:00

2.6 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
entity decision_market COAL: Meta-PoW Treasury Protocol internet-finance passed futardio futardio coal project https://www.futard.io/proposal/G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg 2025-11-07 2025-11-10 mechanism Implements Meta-PoW economic model with deterministic ORE treasury accumulation through INGOT smelting fees and dynamic license-based supply throttle rio 2026-03-11

COAL: Meta-PoW Treasury Protocol

Summary

The Meta-PoW proposal establishes a multi-token economic system for COAL that accumulates ORE in the treasury through mandatory smelting fees. Players burn COAL and pay ORE to create INGOT, which is required for crafting and repairing pickaxes (mining tools). The system includes a dynamic license fee c(y) that scales with COAL/ORE price ratio, creating automatic supply throttling without governance intervention. Tools are evergreen with 4% daily decay and cumulative repair costs, making maintenance cheaper than replacement and ensuring sustained INGOT demand.

Market Data

  • Outcome: Passed
  • Proposer: coal project
  • Proposal Account: G33HJH2J2zRqqcHZKMggkQurvqe1cmaDtfBz3hgmuuAg
  • DAO Account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
  • Completed: 2025-11-10

Mechanism Design

  • Treasury Accumulation: μ ORE per INGOT (calibrated at ~12.10 ORE), paid only at smelting
  • Dynamic License: c(y) = c0 * (y / y_ref)^3, where y = P_ORE / P_COAL (defaults: c0=200, y_ref=50, p=3)
  • Tool Economics: Daily repair ~0.082643 INGOT + 0.3 WOOD, 4% decay if skipped
  • Target: ~1 ORE/day treasury inflow per fully maintained pickaxe

Significance

This proposal demonstrates futarchy governance of complex economic mechanisms beyond simple funding decisions. The multi-token system with dynamic pricing, decay mechanics, and deterministic treasury flows represents sophisticated protocol design coordinated through conditional markets. The proposal explicitly allows core team parameter adjustment based on community feedback, showing the boundary between futarchy approval and technical implementation.

Relationship to KB