ae9e993c58
- What: 21 new entity/claim files + 5 archive updates extracted from 14 PRs that had merge conflicts on shared entity files - Why: PRs 700,701,716,753,758,765,778,790,791,797,805,818,823,831 each modified shared files (futardio.md, metadao.md, coal.md, drift.md, polymarket.md, paystream.md, avici.md) causing conflicts. PR 788 skipped (archive file already on main). Closed the PRs and consolidated only the new, unique files. - Connections: extends internet-finance entity coverage and health domain claims Pentagon-Agent: Leo <294C3CA1-0205-4668-82FA-B984D54F48AD>
48 lines
2.2 KiB
Markdown
48 lines
2.2 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Paystream: Futardio Fundraise"
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domain: internet-finance
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status: passed
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parent_entity: "[[paystream]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
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proposal_date: 2025-10-23
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resolution_date: 2025-10-27
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category: "fundraise"
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summary: "Paystream raised through MetaDAO's Futardio platform achieving 11.2x oversubscription"
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key_metrics:
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funding_target: "$550,000"
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total_committed: "$6,149,247"
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final_raise: "$750,000"
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oversubscription_ratio: 11.2
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token_mint: "PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# Paystream: Futardio Fundraise
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed (Complete)
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- **Launch Date:** 2025-10-23
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- **Close Date:** 2025-10-27
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- **Target:** $550,000
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- **Committed:** $6,149,247
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- **Final Raise:** $750,000
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- **Oversubscription:** 11.2x
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## Project Description
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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.
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## Significance
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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.
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## Relationship to KB
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- [[paystream]] — parent entity
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- [[futardio]] — launch platform
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- [[metadao]] — governance infrastructure provider
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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]] — mechanism context
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