f70720aa78
- 131 sources → processed (matched to decisions/entities by proposal hash) - 72 sources → null-result (test/spam) - 109 sources → null-result (futardio unmatched, no KB output) - 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.) - 117 decisions get source_archive backlinks - 131 archive sources get derived_items forward links - Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A) Script: reconcile-sources.py (proposal hash matching + entity name matching) Co-Authored-By: Epimetheus <noreply@pentagon.ai>
2.9 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created | source_archive |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | Solomon: Futardio ICO Launch | internet-finance | passed | solomon | futardio | Solomon Labs | https://v1.metadao.fi/solomon/trade/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE | 2025-11-14 | 2025-11-18 | launch | Solomon Labs raised $8M via MetaDAO ICO for composable yield-bearing stablecoin (USDv) — $102.9M committed against $2M minimum | rio | 2026-03-24 | inbox/archive/2025-11-14-futardio-launch-solomon.md |
Solomon: Futardio ICO Launch
Summary
Solomon Labs, building USDv (a composable yield-bearing stablecoin on Solana), raised $8M via MetaDAO's futarchy-governed ICO. $102.9M committed against $2M minimum (51.5x oversubscribed). USDv stays at $1 via two-way market making, earns yield from basis trade strategy (long spot, short perp) and T-bills. Yield delivered via sUSDv (permissionless staking) or Yield-as-a-Service for protocols. Ran live in closed beta for one year with seven-figure TVL and zero incidents through multiple market shocks.
Market Data
- Outcome: Complete
- Total Committed: $102,932,673
- Final Raise: $8,000,000
- Minimum: $2,000,000
- Duration: 2025-11-14 to 2025-11-18
- Token: SOLO (SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta)
Significance
Largest MetaDAO ICO by commitment volume ($102.9M). Demonstrates that futarchy-governed fundraising can attract institutional-scale capital for infrastructure projects. Solomon's approach — composable stablecoin with basis trade yield — represents DeFi infrastructure rather than speculative memecoin, validating MetaDAO's expansion beyond governance experiments.
Relationship to KB
- solomon — parent entity
- metadao — ICO platform
- metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation — 51.5x oversubscription extends this pattern
Full Proposal Text
Source: futard.io, launched 2025-11-14
Solomon is building a more composable dollar that stays at $1, doesn't rebase, and earns. Over $150B of stable capital is idle across chains because yield designs require staking into a separate, drifting or rebasing unit that breaks composability.
USDv: Solana-native, composable, kept at $1 via two-way market making. Stake for sUSDv (permissionless) or use Yield-as-a-Service for direct USDv yield. Yield from basis trade strategy (long spot, short perp) and T-bills. Automated trading infrastructure with custody segregated via Ceffu with insurance. Programs audited, admin via Squads multisig.
Raise: $2M minimum, $5-8M ideal target. Uses: treasury yield generation (~16% APR), liquidity mining for TVL growth, deeper USDv/USDC liquidity, improved venue terms. Default structure: 20% to seed liquidity, 80% to DAO treasury.