Type: Operations Direct Action
Author: Kollan
Background
This proposal secures MetaLeX’s systems as the foundation for legal and technical infrastructure within MetaDAO. Their frameworks support enforceable structures, scalable solutions for IP ownership and governance, and extend beyond Cayman entity formation into onchain enforceability and ongoing support for future organizational needs.
MetaLeX is not a traditional law firm. It was founded to close a gap in the market by embedding legal solutions directly into technology, making them scalable in ways conventional providers cannot. This experience and approach give MetaDAO access to a depth of expertise that strengthens the foundations of futarchy and the organizations built on top of it.
By tying revenue to their services, MetaDAO ensures MetaLeX has strong incentives to adapt its systems alongside futarchy. This gives projects launched through MetaDAO confidence that they are backed by proven legal innovation, with infrastructure built to run natively on Solana. While initial delivery will begin outside Solana to expedite the current ICO cohort, the long-term expectation is full Solana-native deployment.
Overview
This proposal would authorize MetaDAO to formally enter into the MetaLeX Master Services Agreement and accompanying Order Form. By doing so, MetaDAO agrees to engage MetaLeX Labs, Inc. for technical implementation, legal entity creation, advisory support, and related services, with payments structured as set forth in the Order Form.
Key terms include:
- Cash Advance: $150,000, payable to MetaLeX. Which will be payable in four (4) $37,500 installments.
- Royalty: 7% of Platform Pool Fees on BORG tokens (as defined in the Order Form) for a term of three (3) years.
- BORG tokens are those which utilize MetaLeX services and products. While projects are not obligated to use these services, it is recommended and configured as default.
- Implementation Services: MetaLeX will deploy and maintain key systems, including the MetaLeX Web App, CyberCORPs contracts, Ricardian Tripler contracts, and a proof system, in addition to facilitating the creation of Cayman Islands entities with futarchy-governed BORGs
- Ongoing Support: MetaLeX will provide technical and advisory support for at least 12 months following implementation, renewable so long as royalties generate a minimum of $25,000 annually
Clarification on Royalties
If MetaDAO accrues a protocol fee from a token which has utilized MetaLeX services, the 7% royalty will be assessed against that fee for up to a period of three (3) years. Currently, this protocol fee is defined under an AMM swap fee of 0.25% or 25 bps.
This agreement represents a strategic investment in robust legal and technical infrastructure for futarchy projects launched through MetaDAO.
Motivation
MetaDAO has consistently prioritized building sustainable governance and token issuance frameworks. Past proposals have directed resources toward legal advisory (e.g., Theia OTC trades to extend runway and retain counsel) and a token migration to improve scalability.
Engaging MetaLeX continues this trajectory by:
- Establishing onchain legal entity representations (CyberCORPs).
- Enabling Ricardian Tripler contracts for automated agreement execution.
- Providing legal structuring for Cayman SPCs to support projects launching tokens via MetaDAO’s futarchy launchpad.
- Ensuring long-term advisory support on technical and legal dimensions.
This infrastructure underpins MetaDAO’s mission to make futarchy the standard for capital formation.
Implementation Plan
If passed, this proposal authorizes:
- Execution of Agreements
- MetaDAO to sign the MetaLeX MSA and Order Form
- Customer entity: MetaDAO LLC, Republic of the Marshall Islands.
- Payments
- Disbursement of $150,000 to MetaLeX in four equal installments of $37,500.
- Authorization of a 7% royalty from Platform Pool Fees on qualifying BORG tokens for three (3) years.
- Integration into MetaDAO Platform
- MetaLeX will customize the MetaLeX Web App and smart contracts so that when projects apply for an ICO through MetaDAO’s launchpad, the following occurs within the UI:
- Project submits to MetaDAO launchpad.
- UI prompts the project team through the legal agreement and signing process.
- Signing automatically triggers deployment of a futarchy-governed BORG (via Ricardian Tripler + CyberCORPs contracts)
- The BORG becomes the legal entity tied to the project’s token issuance, integrated directly into MetaDAO’s governance flow.
- This ensures every launchpad project can seamlessly combine capital formation + legal structuring.
- Operational Coordination
- MetaDAO operators will coordinate with MetaLeX and MetaLeX Pro on implementation, legal structuring, and ongoing advisory.
- Projects will be onboarded through the unified UI/UX rather than off-chain manual processes.
- Governance Canonicalization
- Record MetaDAO’s binding obligation to the above payments and royalty structure as an enforceable commitment of the DAO.
Specifications
- Treasury Account (USDC Source): 6awyHMshBGVjJ3ozdSJdyyDE1CTAXUwrpNMaRGMsb4sf and proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Cash Advance: $150,000 (paid in four (4) $37,500 installments)
- Royalty: 7% of Platform Pool Fees, as defined in the Order Form, for the period of three (3) years.
Outcome
Upon passage, MetaDAO will:
- Execute the MetaLeX MSA and Order Form.
- Allocate the $150,000 advance in four installments.
- Commit to a 7% royalty on Platform Pool Fees for qualifying BORG tokens over three years.
- Gain access to MetaLeX’s implementation, structuring, and advisory services.
- Integrate MetaLeX legal workflows directly into the MetaDAO ICO platform, so that every project submitting for an ICO automatically executes the necessary legal agreements and generates its futarchy BORG through the MetaDAO UI.
This agreement ensures that the MetaDAO platform itself becomes the one-stop venue for both capital formation and legal structuring, making futarchy-based ICOs legally robust, technically integrated, and default-aligned with BORG governance.