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- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Hire Advaith Sekharan as Founding Engineer? | internet-finance | passed | metadao | futardio | Nallok, Proph3t | https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 | 2024-10-22 | 2024-10-26 | hiring | Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens | rio | 2026-03-11 |
MetaDAO: Hire Advaith Sekharan as Founding Engineer?
Summary
Proposal to extend an offer to Advaith Sekharan for founding engineer role at MetaDAO with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). Token allocation follows same structure as co-founder compensation with performance-based unlocks tied to market cap milestones and 4-year vesting period starting November 2024.
Market Data
- Outcome: Passed
- Proposer: Nallok, Proph3t
- Proposal Date: 2024-10-22
- Resolution Date: 2024-10-26
Compensation Structure
- Cash: $180,000/year (retroactive to October 16, 2024)
- Tokens: 237 META (1% of 23,705.7 supply including co-founder allocations)
- Vesting: 4 years starting November 2024, no unlocks before November 2028
- Unlocks: Linear based on market cap ($5B = 100% unlock, $500M = 10% unlock)
- Clawback: Full clawback authority until July 2025 (8 months), then vests into smart contract
- Market Cap Definition: $1B = $42,198 per META
Significance
First founding engineer hire following MetaDAO's Fundraise #2 strategy to build core team in San Francisco. Compensation structure mirrors co-founder terms, establishing precedent for performance-based token unlocks tied to protocol value rather than time-based vesting. The 4-year cliff before any token unlocks signals long-term commitment requirements for core team members.
Relationship to KB
- metadao — hiring decision for core team
- advaith-sekharan — hired founding engineer
- metadao-compensation-proph3t-nallok — parallel co-founder compensation structure
- metadao-fundraise-2 — fundraising context that enabled hiring