PIP-4 - Keep iJPEG assets on JPEG’d

Abstract

The JPEG Index was born out of the brains and community of JPEG’d. The iJPEG DAO has been created and in a bid to make sure that both communities interests align it would be a good gesture to bind both communities by vouching that the iJPEG assets would stay in the JPEG’d vaults for the foreseeable future.

Specifications

If passed, the assets linked to iJPEG tokens will be used on JPEG’d for the next 2 years after the vote has passed, and the commitment would be auto renewed for 1 year on the date of the vote passing.

Any withdrawal would only be active at the end of the following committed year. ie: at the end of the first 2 years, or the end of any following years after that.