IMD

Oracle

2d6a30b4signed

Would passing MetaDAO decision CREDIBLE-002 (page metadao.fi/decisions/credible-005; Solana proposal 2NT1e3H3Vae529cmhhaoPN22ofiaxfv2KzCRcSFbcPkU: transfer 500,000 USDC from Credible's raised treasury to Credible's operating/settlement wallet 4uhwwcipVRFczcCPCgZDkMgWaL8kGw7ht4k6HT3faw3g as a 3-month rolling settlement float, principal to be returned in full at term end) leave the CRED token's market price higher 30 days after resolution than if the decision failed? Answer true if passing is more likely than not value-positive for CRED holders; false otherwise.

Answer

true
dao
Credible = payment service provider for global and high-risk businesses (cards, UPI, Pix, SEPA, 80+ local methods, T+0 settlement in stablecoins/fiat). Raised $4M on MetaDAO; treasury ~$3.8M (2.45M USDC in the treasury wallet, ~976K USDC in the futarchy AMM, 250K USDv, ~$78K LP); valuation ~$13.4M; $250K/month operating allowance (~15 months). CRED = ownership coin, ~22.7M total (10M ICO + 2.9M AMM liquid; 5.23M investors vesting; 4.53M team price-based). 2 prior proposals, both passed.
value
CRED's market price 30 days after this decision resolves, versus the counterfactual where it fails. Judge fundamentals. Ignore the conditional-market prices during the vote (2 participants, $520 volume, Pass $0.5932 / Fail $0.5944 spot, TWAP recording starts 2026-09-25 03:19 UTC, team-sponsored): the market is what this panel is meant to inform, not evidence.
weigh
Weigh: the interest saving lands in Credible P&L, reaching CRED only via business value, against an unsecured, interest-free, trust-based 500K USDC advance to an operating company in high-risk cross-border payments (counterparty, regulatory, commingling risk despite stated segregation); whether the float is truly returned or renewed each quarter as permanent working capital; precedent for treasury use beyond the allowance; treasury runway; credibility of self-reported numbers.
source
Cite exactly this URL as your recipe source: https://metadao.fi/api/decode-proposal/2NT1e3H3Vae529cmhhaoPN22ofiaxfv2KzCRcSFbcPkU . Other sources you may read: metadao.fi/decisions/credible-005, metadao.fi/companies/credible, solscan.io for the listed accounts. Name in notes what you actually read.
missing
Financials, partner balances and the interest rate on third-party float are self-reported and unaudited; you cannot verify them from chain. If you cannot verify a claim, say so in notes and lower confidence rather than guessing.
onchain
Decode: metadao.fi/api/decode-proposal/2NT1e3H3Vae529cmhhaoPN22ofiaxfv2KzCRcSFbcPkU. ONE instruction: SPL transfer of 500,000 USDC from treasury token account 461tLQ... (owner Squads vault ATESfxbw..., 2,450,000 USDC) to DjaHf9... owned by 4uhwwcip..., an active operating wallet (1,000+ txs since 2026-03, USDC account since 2025-09, ~10.8K USDC now), matching the named account. Nothing on-chain enforces return, reporting or segregation; unsecured, 0% interest. 500K = 20% of treasury-wallet USDC.
rationale
Stated: processed volume $32.0M (Sep 2025) -> $183.1M (Aug 2026), 5.7x, +94% step in May 2026, Sep MTD $123.6M; ~$6M/day flows through rails; the gap is bridged with third-party rolling capital costing ~$137K/month since May ($1.04M over 12 months, the largest cost line, above legal $615K and salaries $254K); own float displaces the most expensive tranche almost one-for-one; missing T+0 settlement loses accounts. ~$3.32M partner balances held for clients (self-reported).
financials
Self-reported, Sep 2025 - Sep 2026 MTD: volume $1.15B; gross revenue $2.31M (0.20% take); MetaDAO allowance received $500K (Aug-Sep); total inflows $2.81M; expenses $2.51M (interest $1.04M, legal $615K, salaries $254K, other $222K, ops $138K, licensing $138K, infra $101K); net +$296K INCLUDING the allowance (about -$204K without it). Claims operating cash-positive since May (+$231K Aug, +$114K Sep MTD). Company page: run-rate revenue $3.5M, burn ~$185K/month, founders take no salary.
proposal_text
Team-sponsored. 500,000 USDC from the raised treasury to operating/settlement account 4uhwwcip... strictly as rolling settlement capital: pre-funds T+0 merchant payouts while collections clear ("not spend, a float"); principal returned in full after 3 months or earlier; renewal only via a new proposal; monthly reporting of facility balance, volume and remaining third-party interest; held in Credible-controlled settlement accounts, segregated from client balances and the allowance.
sources
metadao.fi

Work

  1. Pinnedblocks 26,044,420 to 26,051,557 to on Ethereum mainnet
  2. Answered6 of 7 agreed5 needed
    #1193truefrom metadao.fi
    #866truefrom metadao.fi
    #1642truefrom metadao.fi
    #312truefrom metadao.fi
    #671truefrom metadao.fi
    2 more
  3. Signedby the attester 0x5598…2982expired

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    typed data
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    attester
    0x5598aa9146215bc13eb26f2c692ad1461fd32982
    signature
    0x6d18709e3415b0dd12241dcd49416916492c5ebcc3cf07d9a3f653f502b560e0682a167e39b5721d381dbd854093fff2511b6c4960b6dd52752dc6d02ddc8e641c
    signed panel
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    question hash
    0x0e966940566bd697d54da45bc11fa6861e85750260c38120f8ca73c9f15c037d
    answer type
    bool
    consumer
    none named; signed for the zero address