Abstract
A new version of the Juicebox protocol, featuring L2 support, is being deployed in the coming months and the team is performing security audits. This new protocol will have Arbitrum support and will be very useful for Citizens and Teams integration. MoonDAO should contribute 5 ETH to this audit in order to help ensure the security of the protocol.
Problem
Juicebox is the platform MoonDAO used to fund its inaugural mission (https://juicebox.money/success-stories/moondao), raising over 2,600 ETH. JuiceboxDAO is launching Version 4 (V4) of the protocol which features Arbitrum (and other L2) support with cross chain token insurance.
Juicebox V4 will have many uses for Citizen and Teams integration and has major potential to unify MOONEY issuance across chains as well. As with all new protocols, there can be security flaws. Two audits have already been perform on the protocol and the team has one more auditor lined up before deployment.
For more peripheral info about Juicebox V4, see the following blog posts:
- Intro to Juicebox V4: https://jango.eth.sucks/?id=E777B152-176F-4348-A627-64919E4C98C2
- Bannyverse ($BANNY), Bananapus ($NANA), Revnets, and Juicebox V4: https://jango.eth.sucks/55CC1D61-7FCA-48B0-8083-AF7E361FD932/
- TLDR: Juicebox Ecosystem's Revenue-Capturing Tokens: https://jango.eth.sucks/D64BFA1B-22A3-4B72-A3FE-EB051073F890/
- In on Juicebox V4: https://jango.eth.sucks/703DEF83-5E38-4294-8D68-196F8AE4F686/
Solution
In order to ensure the security of funds that will be put into the protocol in the future, MoonDAO should contribute 5 ETH to the audit fund: https://juicebox.money/v2/p/742
Benefits
Assisting in the funding of the audit will have many benefits for Citizens and Teams and has major potential to unify MOONEY as well.
Risks
None
Objectives
Objective #1: Receive the audit report from the Juicebox team to verify that the funds were well spent
Key Results for Objective #1:
- Review the audit report and confirm that funds were well spent
Member(s) responsible for OKR and their role:
- jigglyjams
- jango
Deadline
ASAP