This proposal does 3 things: 1/ Onboard META holders: One-time airdrop of 420 $coal to every $META holder (snapshot taken on October 12, 2025). 2/ Expand Supply for Growth: One-time mint to enable the airdrop, seed a dev fund, and provide initial liquidity. 3/ Establish a Development Fund: Transparent treasury for ongoing development, community initiatives, and integrations.

Airdrop

Eligibility: All $META holders at snapshot (2,314 wallets) holding at least $100 worth of $META (notional value). Amount: 420 $coal per eligible wallet. Distribution: Direct airdrop to wallets holding $META at snapshot.

Supply Update

Total supply: 21,000,000 → 25,000,000 $coal (one-time increase of 4,000,000). Breakdown of new $coal:

• 971,880 → Airdrop (420 * 2,314 holders)
• 3,028,120 → Development Fund Mining emissions: Unchanged by this proposal.

Development Fund

Purpose:

• Support protocol development and futarchy experiments
• Reward community contributions, tooling, and integrations
• Fund marketing, onboarding, and liquidity seeding
• Maintain sustainable runway for growth

Guardrails:

• Manager: DAO treasury
• Disbursements: up to 30,000 $coal per month, to Grant (lead dev)
• Transparency: Public ledger of inflows/outflows, monthly forum report, verified addresses
• Large grants: Any single use of DAO treasury funds, dispersed or not, over 69,000 $coal requires a separate decision market

Liquidity Kickstart -An OTC buyer is lined up to purchase a portion of the Dev Fund; proceeds will seed the futarchy AMM and bootstrap $coal liquidity.

Moving into v.06 DAO governance

$coal is a real boy now! We will be migrating to a v.06 DAO. This means we will have a DAO treasury, a futarchy AMM, and all the tools to bring minechain to the masses, sustainably. The following parameters will be set for new proposals:

• TWAP delay: 1 day
• Minimum liquidity: 1500 USDC, 2000 coal
• Pass threshold: 100 bps
• Coal staked: 10,000
• Proposal length: 3 days

Voting

• YES: Approve snapshot airdrop (420 $coal per $META holder), raise max supply to 25,000,000, and establish the Development Fund with the framework above.
• NO: Keep current supply; no airdrop, no fund, no liquidity seeding.