Synopsis#

JuiceboxDAO has successfully paused payments to its v1 and v2 projects, migrated funds to v3, and turned off fees for v1, v1.1, and v2. To complete this process, the DAO should send its v1 and v2 projects to a burn address, guaranteeing to JBX holders that new v1 and v2 JBX issuance is permanently disabled.

Motivation#

This will allow the DAO to move more quickly in the future – it will no longer have to worry about keeping v3 configurations and JBX issuance synchronized with the v1.1/v2 projects. This also guarantees that the DAO will not be able to manually mint more v1/v2 JBX.

Specification#

Call TerminalV1_1.configure(...) and JBController.reconfigureFundingCyclesOf(...) to configure the DAO's v1.1 and v2 projects with:

• Payout limit of 0.
• No payouts.
• No reserved recipients.
• 0% redemption rate.
• 0% reserved JBX.
• Owner token minting disabled.
• Payments paused.
• No edit deadline.
• No duration.
• Currency of 0 (ETH).

The v1 project should also have a 20% issuance reduction rate.

The v2 project should also have a:

• Weight of 0.
• 0% issuance reduction rate.

The multisig should then transfer both projects to a burn address (0x0000000000000000000000000000000000000000).