Juicebox Language Revisions
We've updated the language we use to describe the Juicebox protocol several times, and as a result, our docs, our resources, and juicebox.money have grown inconsistent with each other. This makes the protocol more difficult to understand for new users. For example, the terms funding target, distribution limit, overflow, and payout limit all refer to the same concept — how much ETH can be paid out from a project.
In this PR to juicebox.money and this PR to docs.juicebox.money, Juicebox protocol terminology has been updated to address these issues.1 The goal is to improve consistency, accuracy, and clarity, and to minimize jargon wherever possible.
A summary of the changes:
|Original Phrase||Revised Phrase|
|Automated Funding Cycle||Locked Cycle|
|Manual Funding Cycle||Unlocked Cycle|
|Reconfiguration Delay||Edit Deadline|
|Project NFT||Owner NFT|
|Distributions/Distribution Limit/Funding Target||Payouts|
|Contributors (people who have paid a project)||Supporters|
|Pay disclosure||Payment notice|
|Initial Mint Rate, Token Minting Rate||Total Issuance Rate|
|Contributor Rate||Payer Issuance Rate|
|Reserved Rate (when referring to # of tokens minted)||Reserved Issuance Rate|
|Discount Rate||Issuance Reduction Rate|
|Token Minting||Owner Token Minting|
|Payment Address||Project Payer Address|
|Redeemable NFTs||Use NFTs for Redemptions|
|Payments paused||Payments to this project paused|
|Add to balance||Transfer ETH to project|
To see the terms in context, read the updated project guide. We should consistently use the updated terms in content we make and messages we send.
- The create flow on juicebox.money has not been updated yet. Wraeth is working on this.↩
- Replace overflow with simple explanations. Overflow is the ETH available for redemption. Instead of saying a project has no overflow, you can say that it is using all of its ETH for payouts, or has no ETH.↩