Approved

JBP-null: Claimmmmung

Cycle

41

loading

Claim and Distribute some of JuiceboxDAO's $NANA and $BLUNT

Synopsis

JuiceboxDAO has 28,438,932.6187 NANA tokens from funding Bananapus and 13,271,501.8756 BLUNT tokens from funding Blunt.

Both of these projects plan to use on-chain governance, meaning JuiceboxDAO's balance will only be reflected if it claims this token.

The multisig should claim JuiceboxDAO's balance in both of these projects as ERC-20s, and evenly distribute 40% of those tokens to active contributors to allow them to participate in the governance process of these projects.

Motivation

The DAO holds significant balance in both of these projects but has no plan to utilize those tokens.

Specification

  1. Multisig to call

    twice. Use a

    of

    (the multisig's address), a

    of

    and

    (Bananapus and Blunt, respectively), and the maximum

    possible at the time of claiming.

  2. Evenly distribute 40% of the claimed amounts to contributors receiving recurring payouts from JuiceboxDAO, Peel, or WAGMI Studios.

Rationale

This is a simple way to allow the JuiceboxDAO, Peel, and WAGMI Studios communities to contribute to and participate in the governance process of emerging Juicebox projects, but saves the majority of the tokens for JuiceboxDAO's future use.

Timeline

To be executed within 2 months of this proposal's Snapshot ratification.

Synopsis

State what the proposal does in one sentence.

 

Motivation

What problem does this solve? Why now?

 

Specification

How exactly will this be executed? Be specific and leave no ambiguity.

 

Rationale

Why is this specification appropriate?

 

Risks

What might go wrong?

 

Timeline

When exactly should this proposal take effect? When exactly should this proposal end?