Futarchy · decision markets

Decide with information, not instead of it.

For each proposal, two conditional markets forecast the same measure of success: one if it passes, one if it doesn't. Only the branch that happens settles. The gap is information for the DAO — the vote stays with the DAO.

Proposals
How to read a decision market

Same question, two worlds.

1 · Pick a metric

Agree what success means

Usually a token price over a fixed window — GNO for Gnosis DAO, PNK for Kleros DAO, ETH for Ethereum upgrades.

2 · Trade both branches

Price “if yes” and “if no”

Traders who think the proposal helps buy the metric on the YES branch. Trades on the branch that doesn't happen unwind.

3 · Read the gap

Impact, not a verdict

Impact = (YES − NO) ÷ NO. Small gaps inside the noise band mean the market sees no meaningful difference.

Track record

What markets said, what DAOs did.

Every closed proposal on Seer Futarchy, with the impact shown at close and the DAO's outcome.

6 / 6
Decisions went the way the market leaned.
Counting resolved proposals with a non‑zero impact estimate. KIP‑81 is excluded: it priced a level, not an impact. Correlation, not proof — and the decision was always the DAO's.
Closed futarchy proposals
ProposalDAOMetricImpact at closeImpactOutcome
Organizations

DAOs using decision markets

Create market
OrganizationActiveProposalsChain
Gnosis DAO06Gnosis
Kleros DAO04Gnosis
Ethereum Active market11Gnosis
VeloraDAO00Ethereum
Aave DAO00Ethereum

Proposals, prices and outcomes: public snapshot of futarchy.seer.pm, captured 19 Oct 2026, 21:55 EDT.