Synopsis
Update the reserved list to include active JuiceboxDAO contributors. For organizations that work with JuiceboxDAO, send reserved tokens to their multisigs instead of individuals.
Motivation
- Sending reserved JBX to multisigs instead of individuals allows those organizations to use their JBX more creatively – to distribute as an added incentive, to build a stockpile, to vote collectively, or to do something else.
- Allocating reserved issuance to align incentives with active contributors will become even more important as the buyback delegate is implemented, which may significantly increase reserved issuance.
- Simplifying this list makes it easier to verify relevant multisig transactions.
Risks
Sending JBX to multisigs gives these organizations more to manage, even if minor. This distribution is only a loose approximation.
Specification
Update reserved JBX distributions like so:
| Recipient | Percentage |
|---|---|
| dao.jbx.eth | 32% |
| Peel (6) | 24% |
| Nance (2.5) | 10% |
| Juicecast (2) | 8% |
| WAGMI Studios (1.5) | 6% |
| drgorilla.eth | 4% |
| filipv.eth | 4% |
| breadfruit.eth | 4% |
| jb.0xba5ed.eth | 4% |
| zhape.eth | 4% |
Rationale
Since there are now fewer recipients, I've slightly increased the allocation to dao.jbx.eth (from 30% -> 32%).
The list was updated to only include current contributors, with 4% per individual. Organization allocations were calculated based on the following list:
| Org | Members |
|---|---|
| Peel | 6: TJL, peri, aeolian, Strath, wraeth, johnnyd |
| Nance | 2.5: jigglyjams, twodam, Zeugh (part-time) |
| Juicecast | 2: matthewbrooks, brileigh |
| WAGMI Studios | 1.5: Sage, mieos (part-time) |
Timeline
Implement in the cycle following this proposal's approval.