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Title: One-time JBX distribution to each member of the reserved JBX list.
Author: aeolian
Date: 2022-04-22
Thesis:
Distribute 1,000,000 JBX to each member of the reserved JBX list.
Abstract:
Distribute 1,000,000 JBX to each member of the reserved JBX list.
Motivation:
Juicebox DAO currently holds a significant amount of JBX (164,346,223 JBX).
JBX is a voting tool, but the DAO’s JBX hasn’t been used for voting to date.
Distributing a small portion of this JBX to reserved list members gives incentivized individuals more voting power, puts more JBX to work, leading to further decentralized ownership of the protocol.
Risks:
- Juicebox DAO has less JBX for future distribution.
- Juicebox DAO has less JBX for redemption of treasury funds.
Specification:
Distribute 1,000,000 JBX to each member of the FC#20 reserved token list.
The following addresses would each receive 1,000,000 JBX:
- sagekellyn.eth
- mieos.eth
- natasha-pankina.eth
- zeugh.eth
- burtula.eth
- tankbottoms.eth
- jasonz.eth
- zom-bae.eth
- johnnyd.eth
- drgorilla.eth
- filipv.eth
- twodam.eth
- 0xstvg.eth
- aeolian.eth
- peri.eth
- jango.eth
Rationale:
Juicebox DAO holds 164,346,223 JBX.
The total JBX distribution is 16,000,000 JBX. This would represent 9.7% of Juicebox DAO’s current JBX holding.
Everyone on this list already has the trust of the DAO, by virtue of the DAO having voted them on to the reserved list.
Timeline:
This proposal should be executed during FC#21.
Copyright Disclaimer:
Copyright and related rights waived via CC0.