Approved

JBP-316: Install V3 Split allocator in JB DAO v1 treasury.

Author

Anon

Cycle

38

Requesting

9,999,900,000 USD

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Proposed Transactions

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Status: Draft

Author: jango.eth
Date: (2022-12-16)

Synopsis

Set the JuiceboxDAO v1 treasury distribution limit to infinite, and route all accumulated funds to the jbdao v3 treasury.

Motivation

JuiceboxDAO now has funds in its v3 treasury in order to service ongoing funding cycle commitments. All token redemptions are also moving to the v3 treasury. Thus, any funds accumuated on v1 should be able to move to v3 without further questions.

Specification

Route $100k from JuiceboxDAO v1 treasury to the v1 => v3 allocator, located at 0x1eb759829b1a3d55193472142f18df3091bcac4b, per funding cycle until all funds have been reallocated from v1.

Rationale

The allocator was built with this single purpose in mind.

Risks

There is smart contract risk when utilizing additional components. There's also governance risk that there might still be commitments from the v1 treasury that don't get upgraded to v3 in time.

Timeline

The next Funding cycle.

Votes

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