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JuiceboxDAOJuiceboxDAOby0x50e70c43a5DD812e2309eAcea61348041011b4BAgnance.eth

JBP-376 - Update Reserved JBX

Voting ended almost 3 years agoSucceeded
Author: filipv
Date: 2023-04-15

Thesis

Update JuiceboxDAO's reserved token recipients on each of its projects as described below. If ratified, this proposal will supersede previous proposals related to reserved JBX.

Motivation

The DAO's reserved JBX is not accurately being sent to current contributors.

Summary

Continue to reserve 30% for dao.jbx.eth, and evenly split the remainder between current reserved JBX recipients, with the following modifications:

  • Add timjl.eth, who is now working with Peel.
  • Remove burtula.eth, as she is no longer working with WAGMI studios.
  • Remove zom-bae.eth, as she is no longer working with JuiceboxDAO.
  • Remove jmill.eth, as he is no longer working with Peel.
  • Remove 0xblaz.eth, as he is no longer working with Peel.
  • Remove gulan.eth, as he is no longer working with JuiceboxDAO.
  • Remove felixander.eth, as he is no longer working with JuiceboxDAO.

Specification

The multisig should queue the next cycle such that 30% of reserved JBX is sent to dao.jbx.eth, and 3.5% of reserved JBX is sent to each of the following addresses:

  1. 0xstvg.eth
  2. 0xviraz.eth
  3. aeolian.eth
  4. brileigh.eth
  5. drgorilla.eth
  6. filipv.eth
  7. jango.eth
  8. jb.0xba5ed.eth
  9. jb.daodevinc.eth
  10. jigglyjams.eth
  11. johnnyd.eth
  12. matthewbrooks.eth
  13. mieos.eth
  14. peri.eth
  15. sagekellyn.eth
  16. strathmckay.eth
  17. timjl.eth
  18. twodam.eth
  19. wraeth.eth
  20. zhape.eth

Risks

This proposal follows established patterns, but significantly changing the reserved rate or the distribution of reserved tokens might lead to a more effective outcome.

The DAO will continue to reserve a large chunk of JBX for its own reserves, despite not having successfully utilized most of that JBX so far.

This is the third time creating a proposal along these lines. Re-proposing something until it passes is not a healthy practice.


Discussion Thread | IPFS

Off-Chain Vote

For
64.65M JBX78.2%
Against
424.57K JBX0.5%
Abstain
17.57M JBX21.3%
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Discussion

JuiceboxDAOJBP-376 - Update Reserved JBX

Timeline

Apr 25, 2023Proposal created
Apr 25, 2023Proposal vote started
Apr 29, 2023Proposal vote ended
Feb 25, 2026Proposal updated