f6fc1ff095
- Source: inbox/archive/2024-06-08-futardio-proposal-reward-the-university-of-waterloo-blockchain-club-with-1-mil.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
2.5 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens | internet-finance | passed | deans-list | futardio | HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz | https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc | 2024-06-08 | 2024-06-11 | grants | Allocate 1M $DEAN tokens ($1,300 USDC equivalent) to University of Waterloo Blockchain Club targeting 5% FDV increase through student engagement | rio | 2026-03-11 |
IslandDAO: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
Summary
Proposal to allocate 1 million $DEAN tokens (equivalent to $1,300 USDC at proposal time) to the University of Waterloo Blockchain Club's 200 members. The proposal set a success condition requiring a 5% increase in The Dean's List DAO's fully diluted valuation (from $115,655 to $121,438) measured over a 5-day trading period. The proposal passed, indicating market belief that student engagement would drive sufficient value creation.
Market Data
- Outcome: Passed
- Proposer: HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz
- Trading Period: 5 days
- Token Allocation: 1,000,000 $DEAN (~$1,300 USDC)
- Target FDV Increase: 5% ($5,783)
- Estimated ROI: $4.45 per dollar spent
Significance
This proposal demonstrates futarchy-governed grant allocation where the market prices the expected value of community partnerships. The proposal's economic model explicitly calculated per-student value contribution ($28.915 per student across 200 members) and required the partnership to generate measurable FDV growth. The passing outcome suggests market participants believed university blockchain club engagement could drive token value through increased participation, governance contribution, and ecosystem development.
The proposal also illustrates how futarchy handles subjective value propositions (community building, talent pipeline) by requiring them to manifest as measurable token price impact.
Relationship to KB
- deans-list - parent organization governance decision
- futardio - platform used for decision market
- 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 - mechanism used (5-day window variant)