Understanding futarchy on Solana – Blockworks

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DAO governance has long struggled with plutocratic voting, insider problems and voter apathy, among many other problems.

Over the years, several teams in crypto have explored the idea of using futarchy to solve these problems. The MetaDAO team on Solana is at the forefront of this effort.

To date, MetaDAO has onboarded at least a dozen teams creating active proposals, including Drift, Sanctum, Marinade and more.

Futarchy is simply a decision market. Think Polymarket, but rather than betting on an outcome, you’re betting on consequences, or what should happen.

Why would a trader with…

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