MetaDAO keeps all token sale proceeds in onchain treasury

MetaDAO, a Solana-based decentralized platform, is using a fundraising model that keeps all USDC raised from token sales in an onchain treasury rather than paying it directly to project teams, Crypto Briefing reported. Under the model, project teams can spend only a pre-set monthly budget, while additional fund disbursements or new token issuance must go through governance proposals and futarchy, a governance system that uses prediction markets to judge a proposal’s likely impact on token value. About 20% of the funds raised is deployed into an automated market maker liquidity pool alongside the token at launch, while the remaining roughly 80% stays in a treasury managed by token holders. Cumulative fundraising through MetaDAO has surpassed $100 million.