PIP-100 - Set snapshot date for treasury uncustody process

Abstract

This proposal seeks DAO approval to set a Snapshot Date of February 14th, 2025 for JPGD stakers, determining their % share of Treasury assets during the uncustody process.

Background

Following PIP-96, a Snapshot Date for JPGD stakers needs to be defined. This date is proposed to be February 14th, 2025. JPGD staked in the staking contract by the Snapshot Date (February 14th, 2025) will be eligible to receive their share of Treasury assets. The share of Treasury assets they receive will depend on the total amount of JPGD staked in the contract on the Snapshot Date and the amount of JPGD that address stakes. A simple proportional calculation will be employed (JPGD staked by individual address / total JPGD staked in contract on Snapshot Date) = % of Treasury assets able to claim.

JPGD not staked in the staking contract by the Snapshot Date will not be eligible to claim any Treasury assets.

Specification

Define the Snapshot Date to be February 14th, 2025. Deploy the staking page on the JPEG'd UI.