Summary:
Evenly distribute a total of ~10,000,000 JBX from dao.jbx.eth (ETH: 0xaf28bcb48c40dbc86f52d459a6562f658fc94b1e) to the 66 wallets that have received JBX as part of the JBX Distribution Program established by JBP-54 as of February 3rd 2022 at 15:41 UTC.
Motivation:
- Further distribution of JBX mitigates existential risks to Juicebox and the Juicebox ecosystem. The more decentralized JBX is, the more resilient the ecosystem is to individual bad actors or hostile takeovers.
- Further JBX distribution will allow for governance to more closely reflect the views of the Juicebox community at large.
- Distributing to wallets that received JBX as a part of the initial JBX distribution allows for an even larger network effect—recipients that choose to distribute further will bring new people into the Juicebox ecosystem.
Risks:
- This proposal will dilute the voting power of JBX holders not on the list.
- It is likely that many of the wallets that will receive JBX as a result of this proposal will not distribute that JBX any further without an enforcement mechanism. This risk is mitigated by the relatively low JBX per wallet (~185,000 JBX). If these wallets choose not to distribute further, this still accomplishes the further decentralization of JBX.
Specification:
Use disperse.app to send 151,515 JBX to each of the following wallet addresses (taken from @twodam’s Dune query):
0x90eda5165e5e1633e0bdb6307cdecae564b10ff7 0x6860f1a0cf179ed93abd3739c7f6c8961a4eea3c 0xf2cc5ab715d7f0c98bb49606ef8270e00180c98e 0x48598ff1cee7b4d31f8f9050c2bbae98e17e6b17 0x28c173b8f20488eef1b0f48df8453a2f59c38337 0x30670d81e487c80b9edc54370e6eaf943b6eab39 0x2dda8dc2f67f1eb94b250caefac9de16f70c5a51 0xe16a238d207b9ac8b419c7a866b0de013c73357b 0xf5aa24cc247ac13486bf3ae9346776bab439b31d 0xca6ed3fdc8162304d7f1fcfc9ca3a81632d5e5b0 0x34724d71ce674fcd4d06e60dd1baa88c14d36b75 0xd209390a0b04f03507614fc07f9359e831911677 0xf0fe43a75ff248fd2e75d33fa1ebde71c6d1abad 0x282947b894bab892119d9a3445f3ddfe4f2ec14c 0x5706d5ad7a68bf8692bd341234be44ca7bf2f654 0xa0d1a6f30db260e4d67fe20449a23e7b89537a1b 0xf4844a06d4f995c4c03195afcb5aa59dcbb5b4fc 0x9df0a751bae1cfce9bbb8a3f318853d8132c0fc6 0x665607ebede5cd4efdb4e1b4d92a4f13d50ff029 0x1ae766cc5947e1e4c3538ee1f3f47063d2b40e79 0xecd8bba75f11406b2c46b021f13a5b451cfc1591 0xdb08edbcf449de2a2b27448a8040935802c621f1 0x111040f27f05e2017e32b9ac6d1e9593e4e19a2a 0xc29c546064e8fb5506c5e5beaf1594866df7177e 0x9f12d6319fdc6654038e690441d3ecf8608270f1 0xd118c9ec2b6d433d0559534b831b5b3fd322f5de 0xa508c16666c5b8981fa46eb32784fccc01942a71 0x60535a6605958fff6cec5b1e92892601efb3473b 0xf8284136b169213e4c50ce09f3e1d9a9b484baea 0x6691af446bb121b19aec9c0ff6ed9c4721d5fee1 0x34aaa3d5a73d6f9594326d0422ce69748f09b14f 0x16bdbd83a85fb2d8c62f5bf4895f7f6adbb22c6e 0xd551b861414b7a2836e4b4615b8155c4b1ecc067 0xfb9979cb3c0c276be52ad261eb9b9a9f7de42dc2 0x79ccdae089b8a9f5ecd13b88392f323cabb7d7bf 0x6212ce06dcac01706e6be5310c3228ede1a02adf 0xd0b7dd30a212fa358a6a837df89f3c8f0d649319 0xa934b56be3ec0bddfa8bfd1cb141e66d1bbd0f69 0xf2829e74c8a8709e170e21979a482f88c607b632 0xd30a79e487351eb0064c8a78eb341da364d78a9a 0x24bcee8ddc8c6ccdba6fe0976977730a19147931 0xbc74cc61c131205e1d71db1854bf25c83c0355e8 0x51448923d8a215a5a8cd872a51f22c2f5c43b444 0xee0872ec2c8ed771cb1c406a37b02458ad4c28f0 0xc109636a2b47f8b290cc134dd446fcd7d7e0cc94 0x3b3525f60eeea4a1ef554df5425912c2a532875d 0xdd3767abcab26f261e2508a1da1914053c7dda78 0x89da9eb32da60fd8ebde09824cf8b0eec66c8d40 0x35bbf64e77be6a966449e76570f1f8d757816802 0xf33364a83b6002d5070ec5fa31f5d9eb93572732 0xa9903bda477b9a57bd795adff9922cb98db65f04 0xbb8fc4772ac3892e19963f31794c482382e9675d 0x48a63097e1ac123b1f5a8bbffafa4afa8192fab0 0x4b72aa21820c76e1e19193d90bdb9b5f25f8aa19 0xe2a8d5aa38f5c05dff59da89462a012131ba5e24 0x78789651b58179b2d90af90c8e5b4f5e4a4182ce 0x7d0068d0d8fc2aa15d897448b348fa9b30f6d4c9 0x369b0d048f08b8ecf113dcff5d00667acb8e3462 0xea4a4a886aca47dd0167b4aee5b1345e18d20ee5 0x09e1ac8489c9fd339eaefdc5ce8651ee22cdb7fc 0x2c7eaa84fc7b41fa96dfcb7aa7fe87a5eaab2567 0x6c6541cc3ec6bfc2d7b0ca48ccb0225cbbea9b59 0xf8b57e5ed505bc6faffc765c1ac8569063664c38 0x911413ef4127910d79303483f7470d095f399ca9 0xf8932eab6698b303d2146bd0d0502389c0a0ff07 0x93c17b539ac29c54f42a73aef3c0cd78b3fafd06
Rationale:
Using disperse.app mitigates gas fees, and using a snapshot prevents sybil attacks.
Timeframe:
This JBX will be distributed immediately, and only once.
Copyright Disclaimer:
Copyright and related rights waived via CC0.