Approved

JBP-283: Renew Peel’s Recurring Payout

Author

Anon

Cycle

35

Requesting

480,000 USD

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Proposed Transactions

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Author: aeolian
Date: (2022-11-04)

Synopsis

Renew Peel’s recurring payout at US$60,000 per funding cycle (FC). Peel is the team that builds and maintains juicebox.money.

Motivation

juicebox.money continues to be Juicebox’s gold-standard frontend. And Peel is the team behind it.

Some highlights since our last payout renewal:

  • Implemented a mainnet-ready NFT Rewards (including subgraph support).
  • Shipped ground-up rework of the project creation experience.
  • Shipped a frontend for Juicebox V3, backwards-compatible with Juicebox V2 and V1 (including subgraph support).
  • Shipped a Safe UI to improve the multisig signer experience.
  • Implemented a V3 upgrade path for V2 projects (behind a feature flag, pending general availability).
  • Zero-to-one SEO improvements (proper link unfurling for projects, Google indexes projects, etc.).
  • Experimental projects like juice-pay.
  • A ton of smaller features, improvements and bug fixes.

Next up:

  • Lovable project discovery: in an effort to increase payments, we want to get people contributing to more projects on JB. This means improved project searching, improved project share-ability, and more. User activity feeds, bookmarking and notifications are also on the cards.
  • Over-optimize on mobile: many people visit the site on their phone. Let’s make sure this is optimal.
  • Improve project owner experience: continued improvements to project creation, plus additional tools for project owners (for example, analytics, permissions).
  • Multi-token funding. Fund your Juicebox treasury with USDC, DAI, ETH, and more (GitHub). This continues to be on the horizon but will be prioritized with contract crew.

Peel commits to owning and maintaining the following projects:

Other future Juicebox-related projects that require Peel’s involvement should be considered in a separate payout proposal.

Specification

Continue payouts of US$60,000 per FC to Peel (V1 project handle @peel).

Rationale

A US$60,000 payout is unchanged from our last proposal. Here is a breakdown of how we are currently using these funds.

FTE = Full-time equivalent; IC = individual contributor; DRI = directly responsible individual

Our current capacity is as follows (see Juicebox funding distribution):

  • 1 lead/DRI @ $14,000 per FC
  • 5 FTE ICs @ $9000 per FC

Beyond this, Peel must budget for infrastructure including but not limited to Infura, Vercel, TheGraph, Pinata, and Fathom Analytics.

Relevant links:

Risks

  • Peel doesn’t use funds effectively.
  • Peel’s projects don’t meet community expectations.

Timeline

This proposal should take effect in FC 35.

Peel should be removed from recurring payouts from FC 42 (after six cycles), unless superseded by another proposal.

Votes

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