f67da7dbe3
- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
39 lines
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2.2 KiB
Markdown
39 lines
No EOL
2.2 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "FutureDAO: Fund FutureDAO's Token Migrator"
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domain: internet-finance
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status: passed
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parent_entity: "[[futuredao]]"
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platform: "futardio"
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proposer: "FutureDAO"
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proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6"
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proposal_date: 2024-06-05
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resolution_date: 2024-06-08
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category: "mechanism"
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summary: "Approve development of token migration tool for community takeovers of abandoned projects"
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tracked_by: rio
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created: 2026-03-11
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---
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# FutureDAO: Fund FutureDAO's Token Migrator
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## Summary
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Proposal to develop and launch FutureDAO's Token Migrator, enabling communities to execute structured on-chain migrations from abandoned or poorly managed tokens to new tokens. The tool uses conditional presale mechanics (60% threshold) to ensure migrations only proceed with demonstrated community commitment, with all protocol fees flowing to staked Champions NFT holders.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** FutureDAO
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- **Budget:** $12,000 USDC ($6K development, $6K audits)
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- **Proposal Account:** BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6
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- **Resolution:** 2024-06-08
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## Significance
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This proposal represents FutureDAO's core product launch, establishing the protocol's value proposition for community-driven project recovery. The fee structure (2%/1.5%/1% based on market cap) and 60% presale threshold create novel coordination mechanics for token migrations. The decision to direct all fees to Champions NFT holders rather than DAO treasury establishes a distributed business development model.
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Projected first-year revenue of $270K from 8 migrations demonstrates market sizing based on Solana's history of 27+ meme coin presales with high abandonment rates.
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## Relationship to KB
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- [[futuredao]] — core product launch
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- [[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]] — built on MetaDAO infrastructure
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- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — similar conditional mechanics |