Raise In Public. Spend By Verdict.
Moneta is permissionless futarchy capital formation on Monad. Every dollar leaves a project's treasury only when the market says it creates value.
Decision Markets
Every proposal opens two markets: the token if it passes, and the token if it fails. A lagging TWAP decides. PASS executes on-chain; FAIL leaves the capital exactly where it is.
Permissionless By Design.
Anyone with a project and a community can open a raise. Backers decide if it launches.
Unruggable Treasuries.
Founders get a streamed budget. Everything else needs a PASS verdict — and holders can always vote to redeem at NAV.
Shared Liquidity, Deeper Markets.
Treasury-owned liquidity flows into every decision market at the spot price, then returns after the verdict.
How Moneta Works
A raise escrows contributions until its window closes. Success launches a token, seeds liquidity and forms a treasury the founder doesn't control. From then on, decision markets decide how capital moves.
Founder
Raise Memo · milestones
Backers
USDC · permit
Escrow
min / max · pro-rata refunds
Finalize
token · liquidity · treasury
Refund
below minimum → 100% back
Market-governed
no admin · no multisig
Budget stream
per second · founder
Tranches
released only on PASS
Redemption
exit at NAV
Every proposal
conditional tokens · lagging TWAP · one verdict
▲ PASS pool
the token if it passes
▼ FAIL pool
the token if it fails
Verdict
PASS if TWAP(pass) ≥ TWAP(fail) × (1 + threshold)
Built On Monad
- Monad
- Circle USDC
- Envio HyperIndex
- Safe
- Foundry
- OpenZeppelin
- viem
- wagmi
- Monad
- Circle USDC
- Envio HyperIndex
- Safe
- Foundry
- OpenZeppelin
- viem
- wagmi
Roadmap
Futarchy raises
Now
Permissionless raises, milestone tranches, redemption.
Futarchy-as-a-service
Next
Existing Monad tokens adopt Moneta treasuries.
The Moneta Fund
Later
Markets decide which projects get funded at all.
Instruments
Later
Revenue share, convertibles, secondary markets.
Capital, Settled In USDC
Every raise is denominated in USDC on Monad. Total accepted across all launched Moneta raises:
Accountable capital on Monad
Raise in minutes. Release capital only when the market agrees. Exit at NAV if it doesn't.
Total Raised
USDC accepted by launched raises
Treasuries Governed
0 redeemed at NAV
Verdicts Reached
▲ 0 PASS · ▼ 0 FAIL
Block Time
Monad · ~600 ms finality
Build With Us
Moneta is open source and permissionless. Fork it, integrate it, or launch the next Monad project on it.