Governance Overview
Futarchy-based governance for Metalos on Base network.
Futarchy-based governance for Metalos on Base network.
Metalos uses futarchy governance—a prediction market system that lets the community make decisions through market-based consensus rather than traditional voting. The implementation is inspired by MetaDAO on Solana, adapted to work on Base network with EVM-compatible smart contracts.
Futarchy separates values from predictions. Instead of voting on specific actions, the community:
Key Insight: Markets aggregate information more accurately than votes because participants have "skin in the game"—they profit from being right and lose money from being wrong.
As explained in Vitalik Buterin's seminal work on futarchy and info finance, prediction markets:
Real-World Validation: Polymarket's 2024 election markets proved more accurate than traditional polls, demonstrating prediction markets' superiority for forecasting. Read Galaxy's analysis of onchain futarchy's growth.
Metalos implements futarchy using Solidity smart contracts on Base network, inspired by MetaDAO's proven approach on Solana:
Demo Mode Available Now: Experience the full governance interface without connecting a wallet or using the blockchain. Create proposals, pledge liquidity, trade PASS/FAIL prediction tokens, and see how futarchy works—all with simulated data.
Visit the Governance page at metalos.xyz/governance to explore demo mode.
Demo mode uses localStorage for persistence—your demo data stays on your device and won't interact with real contracts or wallets. Perfect for learning the interface before participating with real funds.
Governance features are available in demo mode for learning and testing. This allows the community to:
Once the platform reaches initial traction, governance will transition to live on-chain futarchy:
Timeline for live governance launch will be announced once the platform establishes product-market fit and sufficient community participation.
Essential reading on futarchy and prediction market governance:
The foundational explanation of futarchy (2014)
Modern perspective on prediction markets as information tools (2024)
Analysis of MetaDAO and futarchy adoption (March 2025)
Vitalik on Futarchy (2014):
"Vote values, but bet beliefs" - Futarchy harnesses market efficiency for governance decisions
Vitalik on Info Finance (2024):
Prediction markets are evolving beyond simple betting into sophisticated information aggregation mechanisms that guide real-world decisions
Galaxy Research (2025):
MetaDAO has facilitated 62 futarchies across 9 DAOs on Solana, with Sanctum and Ore fully adopting futarchy as their primary governance mechanism. Post-Polymarket election validation, futarchy experimentation is expanding to Ethereum L2s including Optimism and Unichain.
Metalos implements futarchy smart contracts in Solidity on Base network, inspired by MetaDAO's successful Solana implementation:
What We're Implementing:
Inspiration from MetaDAO:
Adapted for Base/Ethereum: