Author: filipv
Date: 2023-03-18

Synopsis#

Set the redemption rate of JuiceboxDAO v3 to 80%.

Motivation#

Although people won't be able to access the full redemption value of JBX (because the ETH is still split across multiple projects), JBX holders should be free to make the decision of whether or not they would like to redeem.

Specification#

Next cycle, the multisig should set the redemption rate to 80%.

Risks#

In the event of certain vulnerabilities in the versioning contracts or redemption functionality, this could lead to a loss of funds for the DAO.