What's new
5 min read · Updated Oct 2026
This page is the changelog as of October 2026. It covers the allocation rules, Ownership Score, reserved Aligned Parties addresses, and the founder draft fee. The mechanism pages linked below stay the long-form home for each topic.
Why the name is Backable
Backable is the same permissionless raise product that started under the name Futardio. The name is the verb the product uses: back a company, back a raise, backers. Older links, tweets, and program logs may still say Futardio. They point here.
How allocation is decided now
Everyone still pays the same price per token. When a raise is oversubscribed, the share you keep is no longer only a function of how long your money sat in escrow. Time-weighted preference is still the base. An early-fill boost still rewards money that arrived while the pool was empty. Ownership Score is now a third weighting on top of those two.
Approved Aligned Parties addresses are taken out before that scoring runs. Their commits are reserved, so the pool everyone else competes over is smaller than the headline committed total.
The commit estimates on a raise page are today's demand only. They leave out time in escrow and the early-fill boost, and they leave out Ownership Score, which now matters more to your share. Read your score and the Aligned Parties reservations on that page before you confirm.
What the weights change
The table uses the same four backers under each rule. Time-weighting is the first column. Boost is added next. Ownership Score is the last column, the rule that is new.
The same raise under each rule
A $100,000 goal, $300,000 committed, 4 hours. Ana and Ben both put in $20,000 at the open. Boost is 10× while the pool is under 3× the goal, measured an hour after each commit. Score is each wallet's Ownership Score when the raise closes; Ben and Dee have no score.
| Backer | When | Score | Time | Time + boost | Time + boost + score |
|---|---|---|---|---|---|
| Ana$20,000 | Open | 250,000 | $19,512 | $20,000 | $20,000 |
| Ben$20,000 | Open | none | $19,512 | $20,000 | $12,017 |
| Cam$80,000 | Hour 2 | 2,000 | $39,024 | $43,492 | $48,161 |
| Dee$180,000 | Hour 3:30 | none | $21,951 | $16,508 | $19,822 |
Ana and Ben committed the same amount at the same second, and they stay even until score is applied. Ben has no score, so his weight stays where boost left it while every scored wallet moves up, and his fill drops from $20,000 to $12,017. Cam's modest score lifts him from $43,492 to $48,161. Dee has no score either but still rises from $16,508 to $19,822, because Ana is already capped at her commit and that excess is shared by how much of each commit is still unfilled, which score does not touch. Dee has the most left to fill, so most of that excess goes to her. A low score does not lock you out. It changes how much of your commit converts.
Ownership Score
Ownership Score is a single number on a Solana wallet. Each day you hold MetaDAO ownership tokens adds their dollar value, and older days fade by 1% a day, so holding at a steady price raises it every day.
It is not a credit score and not a judgement about you. It measures dollars of ownership held, over time. The formula, eligible tokens, and tiers live on the Ownership Score page.
Approved Aligned Parties addresses
MetaDAO keeps a public list of Aligned Parties wallets cleared for a reserved allocation. A wallet gets on that list by booking a time on the MetaDAO website. These parties have proven themselves to be aligned with the ecosystem.
Approved wallets are linked to each raise. The page shows these addresses at $0 until they commit, then updates each commitment next to its address. Only linked wallets’ commitments count towards the reservation. An approved wallet with no commit on this raise is not reserved yet. If $80,000 is reserved against a $240,000 goal, the remaining $160,000 is what the scored pool can still fill. The founder determines this allocation, but cannot reserve more than the amount established in the raise details.
A party that wants a wallet reserved books a time on MetaDAO. That is how an address gets on the approved list. Open the calendar.
Founder setup and the draft fee
The fee has been reduced and now accepts a variety of assets. Creating a saved draft costs $15, payable using supported assets such as USDC or SOL. The previous fee was 0.5 SOL. A dollar price is the anti-spam cost; it does not buy review, and it is not refunded if the raise misses.
The create flow is still six chapters: company, raise, pitch, controls, legal, review. During the legal step, MetaLeX confirms formation of your Cayman company before you can submit. If the raise fills, the IP assignment takes effect. There is no separate formation fee.
- The fee is $15, charged when you create a saved draft, not a second time at submit.
- Formation is required before submit. It is not a later optional step.