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December 20, 2022

· 8 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Reserved Rate Discussion Callout by Nicholas

This conversation started around the beginning of Dec, when Jango had thoughts on the ways to redistribute some JBX to contributors on the reserved token list.

And Nicholas put up a proposal, Distribute 15M JBX to Reserved List addresses, in a hope to suggest a way to distribute some amount of JBX to JuiceboxDAO contributors. This proposal came under very heated discussion in the temperature check stage of JuiceboxDAO's #38 Governance Cycle. Commuinity members expressed their different ideas on this topic. The discussions evolved from whether or not it would make sense to distribute JBX tokens to contributors on the reserved list uniformly, to if we should even reconsider the meaning or purpose of a reserved rate.

Nicholas called on community members to join the discussion that will be expected to follow after the New Year, when we are looking at having a proper discussion about how we want to think about the reserve rate.

Jango said this discussio of how to get JBX outward to both incoming members or folks who have been contributing, is somewhat a macro question which is solved well by reserve rate at least in the beginning of the treasury operations. But at a certain time, we also do have to be reflective over the tools we're using, not only for ourselves, but also for the broader Juicebox ecosystem, because we are offering these tools to others, to both solve their community initialization process, and their scalability as well.

Juicebox Analytic Roundup by Nicholas

Using the dashboard created by Filipv to compare projects that are receiving payments between different version of Juicebox protocols, we can see that V3 protocol is having a very healthy trend of adoption, while V1 and V1.1 is tending towards zero, espcially as projects like Lexicon Devils which are some of the last active ones on V1 have already moved to V3.

projects recently received payments

Talking about different versions of protocol, Jango said that the versioning nomenclature discussions had been very interesting for him this week, which was brought up by Nicholas and Peri about the usefulness of scoping down how the juicebox.money website references versions of protocol because it can be confusing sometimes. Jango also said he was grateful to the versioning effort for getting us to a place where we feel comfortable iterating on otherwise fixed smart contracts, while giving other communities the option to move over as well. He thought that if we could do this versioning efforts over again, there may have been some nomenclature things that we could improve. This definitely encourages us to be open-minded abou how we go from here. A lot of treasuries have evolved over to V3, but we might still want a lot of that versioning infrastructure to create some path forward, given the risks or features that we find compelling enough to do.

Highlights on new projects

  • Salman Needs A Job is a citizen journalism project exploring the World of Work in Web3.

    project salman needs a job

  • The Chinese Juicebox project created by Zhape, in an effort to extend more support to projects in the Chinese community inside the Juicebox ecosystem.

    Project JBX CN

  • The Juicetool project that Twodam launched to fund the running of Juicetool website.

    Project Juicetool

  • zhougsoft created by zhoug who is a member of the mfers community.

    Project zhougsoft

Current status of some projects waiting for V3 before

  1. Abraham Eden project that Jmill and Genekogan have been working to spin up a custom NFT strategy. They have been waiting on V3 to be able to sell NFTs which would act like batter packs that users can use for AI generation events on their machine learning service.
  2. The Thirsty Thirsty, a community of wine and food enthusiasts, is actually going to implement governance on a weekly / bi-weekly cadence to broaden the decision making in its current NFT holders. Folks that starting to empower the community are thinking about proposal for the community to deploy a Juicebox treasury to orchestrate its sense of purpose. This is a pretty cool, long-term oriented project that's trying to play with a more sustainable regenerative business model alongside the governance and treasury dynamic.
  3. The Shiba and the Whale - A Doge Anime, a project that dedicated to making a film. It is really cool model for other artists to complete things like this through Juicebox projects.

Status of Defifa by Jango

World Cup is over and the Defifa tournament turned out pretty fun and encouraging. Now we're planning the next step of this Defifa experiment, to run some competitions in 2023, iterate on something that seemed to work well and reassess some opponents that didn't work well.

Meanwhile, we're wrapping up the current instance of Defifa. From now until December 25th, folks can start submitting scorecards of what happened. Then from Dec. 25th, people who are holding the NFTs can vote and attest a correct scorecard. After the attestation, the treasury will unlock and folks can burn their NFTs to get their portion of the winnings depending on how their team did over the tournament and how many folks have the same NFTs.

There's a lot of stuff that we can make up for it to iterate on for experience in this upcoming year. We can basically play any points distribution game between mint and attestation of the scorecard.

We will try one for NFL playoffs, which starts mid January of next year, to iterate on a few parameters. And we also are sketching out 5 or 6 tournaments next year across domains, like League of Legends, March Madness or Women's World Cup, etc.

It will be cool to start digging ahead for some of these. We can really try experimental point systems and things within the Defifa structure. Then hopefully, we'll soon have a pattern that feels good and safe enough to make a Defifa create flow for folks to create and run their own competitions.

Another cool callout for Defifa this time around is that the ball kids minted one of every 10 NFTs for the ball kids treasury. Give the amount of tokens minted and the fact that the tokens are redeemable in the treasury, it ended up being a pretty successful experiment even monetarily for actually being able to support this next wave of development.

We need to reassess the model for continuing the sustainability of the project and make sure that we keep things tight. But this has a chance of being very scalable and can be applied as a fundraiser for other arbitrary projects.

There're all kinds of ideas we can iterate on. We should definitely dream big, but it's also exciting to stand on some solid ground and be able to iterate one thing at a time from here on out.

Demo of GasWoman and Juicy Spider by Filipv

GasWoman

Currently when members of multisig execute multisig transactions on Gnosis Safe, there might be some gas fees incurred in those executions. There are needs to refund those members who executed for the multisig. GasWoman is a generic tool Filipv created that fetches all of the Gnosis Safe transactions and build the transaction to do the refunds. This is a pretty simple tool but it might be useful for some people and projects.

Next, Filipv is thinking of doing the same thing for project taps, which can be triggered by anyone as a public transaction to distribute payouts from Juicebox projects. It will be cool to also find a way to make reimbursements to people who triggered those project taps for those gas fees paid.

Jango also reminded that there's also a functionality in the contracts for payouts, which allows people to route some of the payouts to the person who clicks "Distribute" and triggers that distribution transaction. So actually projects can bake that into the payout directly to incentivize people or MEV bots to click and trigger that transaction.

Up till now, Juicebox.money only suppors searching with project handles, which is not very convenient. Recently Filipv has been in contact with Sapana to find a better solution to it.

Sapana is a service that does backend search management for Dapps. Juicebox was recently added to the closed beta of Sapana, so Filipv used it to build a simple indexer and a client for it, allowing us to search metadata and other aspects of projects on Juicebox. The repo of it can be found here.

This Juicy Spider project search tool that Filipv created basically crawl the projects on Juicebox and generate the API for search, and Peri is now working to integrate it into Juicebox.money website, so that there will be an open access API endpoint on juicebox.money for folks to use later on.

December 13th, 2022

· 23 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Juicebox Overview and Opportunities Going into 2023 by Jango

Jango started by sharing a list of opportunities that he sees in the ecosystem, and said he was thinking through some end-of-the-year reflections and survey of everything that's going on, both for sake of his own thinking and hopefully for purpose of inspiring others as well. As he gets involved in a lot of projects throughout the ecosystem, it could be very useful for him to aggregate things in one place, when we're assessing what to focus as a community in the upcoming year, and what worked well or not so much in the past year.

Products

Multi-asset treasuries

This comes with the goal to allow projects to hold the ERC-20 tokens and then receive payments in those tokens, schedule that distributions of those ERC-20 tokens and offer redemptions in those ERC-20 tokens alongside ETH, and for viewers of projects to see all the assets that those projects hold in their treasury. And then allow projects to swap between assets like ETH to DAI just through payouts, so the redemptions of the tokens remain intact even through these swaps. I think there's a lot of projects in the sidelines right now waiting on DAI interaction or stablecoin interaction, especially as they're thinking about larger scale treasuries. So I think there's a pretty big opportunity here. There's nothing we're not aware of.

veNFT

We worked on this veNFT project a lot ealier this year. And I think this is almost entirely in place both from the contract perspective and front end perspective on JBM. This gives a new accounting primitive that allows folks to lock the project token and receive an NFT representing this locked chunk of time, but then can be used in governance and anything else folks have in mind.

Product discovery

This product discovery has been talked about a lot, especially lately. So, how can we help people find better projects through curation mechanisms and UI choices? And we've also talked about veNFTs, these like time vested tokens might be a good way to kind of influence its curation carousels of some sort, stuff to experiment perhaps.

NFT content type

We did this big NFT rewards project this year, which was sweet. I think it has found some really cool usecases lately, shoutout to the ConstitutionDAO project for actually pushing us to do the redemption mechanism out loud. That's a really cool way to experiment with the stuff, but i think the cool would be entertaining new content type, right now it's images and gifs. how can we allow product to support audio video in the future?

NFT marketplace

This is an idea of allowing people to browse NFTs across all JB projects along various curation filter and sort patterns, which kind of gives more more visual or character life to projects and allows projects to start painting their own picture in the project page and throughout the ecosystem.

Template

We talked a lot about templates the latter part of this year. I guess we'll continue to do so of how we can make it easier for people to kick off special purpose treasuries with a minimal addtional overhead. A note here, I think what I've learned at the end of this year is that this might be better solved in contract form first, like the Defifas of the world, the Blunt Finances of the world that are actually hardcoded some of these special purposes in them to allow frontend to forgive a lot of the extra normal JB properties. It might be a great preconditioned for building experiences around and so it might not be something that we rush into from a frontend perspective, because It's kind of hard to solve without the contractual assurances behind that added simplicity.

OAuth, burner wallet, debit cards

we've talked about a lot OAuth, burner wallet, debit cards, so making the products more accessible to non web3 folks or folks that we want to help get into web3 safely.

Feature parity with contracts

There's a lot of stuff that the contracts do, the NFTs do, aren't yet exposed in any products, and those would be nice to knock out. Things like NFT governance options come to mind, things like NFT reserved rate stuff come to mind, some flags in funding cycles come to mind. But then again, it's also been nice adding things as needed, so as the constitutionDAO project needed redemption of NFTs, we prioritized filling out some of that contract parity, which was really nice, but it might be something to think about actually surfacing those preemptively when going forward.

Contract work

The goal of contract work is really to finish creating these reliable core components that project can leverage to operate more efficiently. So these are tools that are generalized to be useful across projects to solve different efficiency needs.

Audit the veNFT

We should probably audit the veNFT accounting primitive if it's done. Shoutout to Viraz, 0xBA5ED working on that project. But we should probably audit it before making it useful for projects.

Buyback delegate.

Right now Juicebox treasuries emit tokens into existence, i.e. issue new tokens as funds come into the treasury. But if there is a market price for that token being issued and then our project should be able to opt for providing that swap facility instead of issuing new tokens, to allow the payer to get the best rate for the token.

V3 token

There's the V3 tokens, which projects can deploy and it makes use of V1 and V2 token balances. There will be a proposal to deploy a V3 JBX tokens. When that's in effect, it will know the total supply of all V1, V2 and V3 tokens in itself, so it keeps redemptions intact. All of our funds can be in V3 and can be redeemable correctly. And then all V1 and V2 token holders, either claimed or unclaimed, can send their tokens to the V3 token and the V3 token will mint itself back out to whoever sent it. The goal is that V3 token should accumulate all their tokens and issue itself continuously using the regular v3 Treasury.

Delegate registry

We launched NFT reward which leverages this delegate pattern, which Defifa and Blunt Finance also leverages it, so there'll be other emerging projects that build opinionated treasuries need to too. So how can we create a trusted registry of all these, which can make it easy for projects to plug and play with them into their funding cycles? We can have a blunt round, NFT rewards, as well as some other constraint that someone might provide, and make them easy to access by clients who want to provide that to project creators.

Funding cycle sequencer

This is to generalize the Defifa idea where you can basically hardcode a sequence of funding cycles that make up the game. Defifa has an opinionated version of that game, but theoretically on deployment, you can say, here are the five funding cycles I want to run. You need to deploy the project, set it to be owned by the contract that enumerates those funding cycles that you configured. And then the project will operate according to the cycles. It's kind of like a way to play out multiple funding cycles planned in advance.

721 delegate

A couple of iterations we want to do to 721 delegate, so the 721 delegate is the NFTrewards. We have a v 1.1 of it, that really improves some reliability of this like credit system, and changes a few ways our clients interact with the expectations from clients and interact with them to make it more in line with what we've observed in practice as folks have started using NFTs. I'll talk more about this after doing this whole spiel.

Swap allocator

Swap allocator is something Dr. Gorilla has been working on, which allows you to pay out from your treasury through a swap. So basically from an ETH treasury I can pay out DAI to a beneficiary. It'll first go and swap the assets and then send it out. And that same concept can be used to swap the asset and then put it back into a payment terminal belonging to the project to swap between things that the project owns.

Client incentivization

This is something we've talked about for a while. It came up every now and then this year, but we never really tried to aggregate a pile of data to prove this point out or how feasible this is, about incentivizing clients to keep facilitating growth of the network and increasing network traffic. There is something here, but we haven't yet quite nailed down with those strategies. They probably won't be contractual, but something to systematize in a sense.

Projects

There's so much cool shit happening just in the project world of taking the core protocol and the core pieces and extending them to provide bits of functionality for for the world, for the project creators.

These are all opportunities that should be respected and pursued in and of themselves. The cool thing is they tend to have the self-contained risk profiles, so we could put money in them, we can try to manage that money effectively towards the goal. But if the project disbands for whatever reason, we're able to learn from it and kind of point to it as like an experiment. So it's useful in many ways and I think a lot of what we've seen over the past year is initiatives start from within the protocol incubator in a sense.

Contributors are playing with ideas and actually solving direct problems, but also creating systems to generalize the solutions, and start their own treasuries over time and get to move the burden away from juiceboxDAO as of the filler of payments.

All these are no particular order. This document isn't at all talking about priorities, It's just kind of like opportunities I think it's our collective responsibility to figure out how to prioritize them based on what we see the opportunities are as well as what people are excited to work on.

Bannyverse and WAGMI

I think we all recognize what that with the power of Banny and the power Sage and Mieos and all the folks who have do do it the project and the character and the narrative. It's awesome. It's freaking awesome. So many good moments and characters and ideas and I think we've used them really creatively throughout and there's so much to do there. That's just like a world of imagination that's possible there. and the goal of that is just kind of how can this character in this world continue to thrive.

Peel

Peel obviously is a huge conduit of of the protocol to the world, but I see its goal is allowed trusted and useful interactions with the Juicebox protocol and its history of activity. That's like so so important and it's really cool that we managed to kind of create a treasury and ecosystem and community around that goal around that product. That's a huge shoutout to the Peel team for doing this thing so creatively and effectively this past year, and obviously so much to do going forward, and other frontend can can borrow from and learn from that too.

Juicetool

There's Juicecool, shoutouts to twodam for allowing really convenient interactions with one-off utilities and information across the ecosystem. There's been a lot of the smaller needs to patch really important problems, and things that you wanted to pay attention to, that Juicetool has come through for this past year. Especially in the versioning effort the past couple of months, which a lot of these tools really helped keep us in check as we slightly expanded to accommodate ths kind of versioning matrix to then consolidate again going forward, while still being really comfortable with the idea of expanding in the future, if needed, to solve certain problems.

Nance

Nance as an API for organizing data from this opinionated bi-weekly or repetitive governance system of proposals and outcomes, they're stored and scheduled and viewed, and then made folks like Peel and Juicetool and Cogni and others make use of that information. So there's a lot of work to do there, to kind of continue playing mining governance treasuries and from API level.

Cogni

Cogni is a concept, it's very interesting as well with the goal of creating kind of reliable future oriented project accounting insights. So how much are we on the look for spending in five funding cycles. What are the commitments that we've made that are waiting like a certain criteria to be met before issuing that payout. And then that be used with Nance, just make it easy to reconfigure funding cycles because a lot of project owners going forward in general may want more of this like governance tied into funding cycles operations. so It's a little more hands off.

Merch

A lot of discussion about merch lately, but I think merch is something that was experimented with by STVG early on and made a lot of fun with that, and I'm excited to see how NFTs can be used to make that a more compelling point of interaction. So yeah that combo is ongoing. I haven't followed it closely, I think there's an update later on in town hall i'm excited for.

Lexicon Devils and Forming

Huge shouts to this this group of like incredibly energetic and talented and artistic folks who have been putting together this architecture and experiences. And there're folks around who want to build off of that. You know, how can we provide other experiences alongside Forming in a similar space to really leverage this moment when folks coming together in a shared digital space to experience a particular sequence of music, artwork, vibeage, costumes etc. This super expanded my mind this year. So thank you for all that y'all do, Lexicon Devils.

Text-based NFT metadata URI resolvers

I think there're lots of cool opportunity in the tech space nft metadata that Nicholas has been working on for showing projects NFTs. This idea of NFTs displaying useful information is huge, can be useful to Defifa, can be useful in project data here and throughout. And really cool that uses the capsules font Peri wrote as well. I think as we expander to NFTs as utility, it'll be great if we have a really clean system for getting up NFTs that have aesthetics and also communicate information. And then we can always fill it out with more compelling artwork or more like unique artwork as that comes about. It's hard to have the opportunity to have a Defifa like artwork from Sage and from WAGMI, It's cool to show something that represents the project.

Juicecast

This dope project humanizes everything we do, allows us to tell stories, talk to people, broadcast project's intent, follow up and and really gives the project a voice. So huge shoutout to Matthew and Brileigh for continuing that effort, really curious to see what you all have in mind and in store for next year.

Defifa

I think Defifa has a lot of legs for sure as a project in and of itself. Folks already in the Discord scheming point systems for all the tournaments that we could do next year. I'm excited to pour a lot of my experimental time into there next year. I will be really happy with how that turn out.

StudioDAO

I think we're gonna talk a little more later today as to where they are, but huge opportunity for a project of projects, like networks of projects that are more refined and purposed. And also the legal framework that y'all came up with is super cool, experimental and cool. and I think as we proves that out, it can be really useful to other projects.

Bananapus

There's a project I'm calling bananaspus i haven't convinced anyone of it yet, but so i am calling it it's kind of the L2 initiatives. How can we have juicebox operating across many EVM chains? There's a lot of complexity in that operation. So it will probably live on its own, not be a juiceboxDAO endeavor. But stay tuned on our making moves there. It's interesting whenever we do these cloning another EVM, we have kind of moved in everything we've already established over, sometimes it feels like we have more to do on mainnet before we then copy it around. So we don't want the burden of versioning and management all over, but there's certainly a lot of opportunities on non-mainnet chains.

Blunt Finance

The idea of Blunt Finance, I think it's pretty compelling, just a better first funding cycle for projects that are more fundraising oriented, and then you can leverage future funding cycles to reward contributors to your first funding cycle. And also in that first funding cycle it's running with tighter constraints such that if you don't meet a target, the blunt contract owner will automatically schedule funds to funding cycle 2 that's for refunds. If it does meet a target, you can transfer projects to a project owner and then operate regularly. I think just like a simple onboarding experience contractually can go a long way for us.

Group purchases delegates

Similarly, this can be kind of like what ConstitutionDAO2 just tried but automated and maybe included an auction house as a facilitator oracle type entity in the mix.

Events and ticketing

There's a lot of stuff you could do in the event world where you're loading a treasury to pull off the event. We can use the assets to load the treasury and distribute, which can then be used for ticketing and for airdropping of artifacts from the events, like videos, music, audio or what happened at the event. It's like keeping everyone who was a part of the project benefiting from the contribution and the attendance.


These are the bunch of things that's been on my mind. Hopefully this serves some purpose for folks thinking about where we are, and where we might go from here and maybe give some insights as to what we're working on together.

721 Delegate V1.1

We have a PR open on the NFT rewards repository for a 1.1 version of the NFT rewards, and it simplifies the flag structure a bit, removes the MintBestAvailablefunction, basically requires users to be explicit about what they want to mint.

It also improrves the credit system that's useful for projects paying each other without having the ability to explicitly state what want to mint. Currently, if there's nothing explicit, the contract will try to mint the best available. But what we're going to push for is, if you are not in a position to specify what you want to mint, you can accumulate credits from payments and later on use them to mint stuff.

These are a few small refinements based on the user experience contraints that we've identified from working with Peel and making some of these recent campaigns possible.

Jango said he would circle around with Peel on the specifics, but all in all that's on the pipeline and ready to be deployed.

Governance Process Quorum Update by Nicholas and Filipv

Nicholas told us that, in the last one or two funding cycles, there has been some discussion about criteria of quorum in our Snapshot voting. The quorum currently is set at 80m JBX tokens, but to the surprise of some DAO members, abstentions have not been counted towards total quorum.

Nicholas just put up a proposal here, suggesting to increase the quorum from 80m to 100 m JBX, which is about 4.7% fo all token supply, and also to count abstentions towards the total quorum.

By counting the abstentions into total quorum, essentially people who are voting Abstainare actually delegating their votes to other people who have voted either For or Against.

Project Search by Filipv

Filipv introduced that we have been added to a closed Beta for Sapana which is the service that does backend search management for Lens and Mirror currently. Their team implemented a new feature to their API to allow us to use this search for juicebox.money. And also it's goinng to allow us to do full text search for project titles, descriptions and things like that.

Juicebox has also been added to closed Beta programs for the Dune APIs upon search and a few other services. Anyone, who is interested in getting API keys or access to that, can contact Filipv for the setup.

Filipv spoke with Nucleus, who does virtual card issuance for a credit card backed by USDC basically. Nucleus set up a card for us while taking care of KYC and everything on their ends.

WAGMI Update with Mieos

WAGMI is currently doing a little bit of soul searching and think about how they should step into 2023. Mieos would love to have people gather together, on a different occasion, to discuss people's ideas, thoughts and consideration towards WAGMI.

Banny Warhol with Jmill and Genekogan

Jmill and Genekogan are working on a project called Eden which is basically working with generative AI, just like the Dall-E, Stable Diffusion and things like that.

They had the idea a while back to try fine-tuning AI art model on Banny pictures, which is basically a version of Stable Diffusion adapted with or trained on some of the Banny art.

Genekogan said that this is basically DreamBooth, the technique which lets people inject a new concept, a character or a style in the Stable Diffusion vocabulary. It's a fine-tuned Stable Diffusion that optimized towards making pictures of Banny.

When asked upon by Nicholas whether this is something on the path to developing a produce that they can sell as a service, Genekogan said that it's basically the base. But they're still trying to discover different ways to either turn it into a service catering for customers, or just exploring with the techniques and trying to get people to use and experiment for the most part.

AI at home

StudioDAO Update by Kenbot

The first funding cycle of StudioDAO has finished recently, they successfully raised over 40 ETH including the grants from JuiceboxDAO.

Their priority these days has been trying to onboard more members to their community, by making it super easy for non-web3 people to buy their membership NFTs. They are now focusing on working with Peel to create a really minimized flow so that people come to their web page can easily create a wallet and get that NFT.

StudioDAO will also be making a documentary for MoonDAO. A proposal to partner with StudioDAO to finance the film has been passed in MoonDAO, and they also put up $100,000 to get the project started. They are now finishing the relationship with the filmmakers and will create a dedicated Juicebox project so that MoonDAO can contribute the funds into. Kenbot thought that'll be great to kick start the ecosystem.

On the other side, StudioDAO has also been working towards onboarding more filmmakers into the ecosystem. Kenbot was quite ambitious about how many filmmaker projects they can incubate in the upcoming 6 months.

Party Owned Juicebox Project Demo by Nicholas

Nicholas introduced that PartyBid is a tool for collectively purchasing NFTs, which can be used to raise funds together and then buy the targeted NFTs after. But he is more interested in the possibility to use it as an alternative to Gnosis Safe for managing Juicebox projects, so he decided to create a Juicebox project to demonstrate how to use PartyBid as a governance tool.

Nicholas got the early access to the PartyBid V2, which allows us not only to own an NFT with it, but also to execute transactions from it. So Peri, Filipv and Nicholas created a JuicyParty on PartyBid and used it to acquire the Juicebox project that Nicholas created before. After owning this Juicebox project with the JuicyParty, they tried to execute from it a bunch of different proposals reconfiguring funding cycles and metadata of the Juicebox project.

JuicyParty at PartyBid

Also with a stroke of genius from Filipv, they turned the experimental Juicebox project into the Monkey Retirement Army project to support post-service monkeys at the Monkey Living Center, by donating 100% of raised funds to those monkeys. Also, they tried to set up a couple of NFT tiers in this project.

What's cool is, all these configurations of this orginally empty Juicebox project were done using PartyBid, including project metadata, NFT tiers and project handle etc. As PartyBid is entirely onchain, there's no Snapshot kind of offchain voting involved. All the configuration proposals are voted and then executed accordingly onchain, which was a very good experiment for light weight governance. They are also having discussion with people at PartyBid around potentially improving different aspects of the PartyBid user interface to work with Juicebox better for small groups to govern their Juicebox projects.

Filipv and Nicholas are also looking for the possibility of using the Juicebox project tokens in the governance of this PartyBid Party, instead of using their Party card.

Juicebox Protocol Analytics Browse by Nicholas

Nicholas highlighted some projects he thought that might be interesting.

  • TanlentDAO - Research Guild
  • The project that STVG created recently to raise funds to give students new headphones.
  • As Sotheby's today announced they're delaying the auction of 2nd private copy of Constitution, so ConstituionDAO2, aka. WAGBTC, are considering if they're going to wind down, or continue fundraising but allow refunds at the same time.

Juicecast And Blog Update by Matthewbrooks and Brileigh

Matthew and Brileigh just released the new Juicecast episode, the epilogue of the ConstitutionDAO retrospective series podcast, which is about PeopleDAO and ConstitutionDAO2 campaign.

New Juicecast episode

Also they posted a comprehensive article about ConstitutionDAO on our blog here.

Forming New Event by Lexicon Devils

Darbytrash from Lexicon Devils announced that they would be holding a Forming Songcamp collab with winter break vibes on January 6th.

Forming and Songcamp collab

December 6th, 2022

· 8 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Tending towards zero by Jango

This is something Jango has been thinking about for a while, seeing it in different context, and something he has been trying to take as a lens to view through proposal in previous funding cycles. It's the idea about our current decisions in spending, in versioning the protocol to different improved contracts, in suggesting front end to also follow suit in other clients, as well as the protocol fees and the JBX token issuance.

There seem to be a pressure to expand them in one direction to grow it out and accomodate more thing, more people, more expenditures and more commitments. But on the other side, there is also a pressure to reduce it down towards zero, which means to shrink it and to essentially create few points of governance fragility and JBX decision making, and instead to have a techologically more stable treasury that projects aren't expecting changes while their fees are consistently tending downwards, neither do they have any real working party commitments to it.

Both these two pressures make sense. It's just piecing together where we already are in the progress of this development effort and operation effort as of JuiceboxDAO and Juicebox protocol, and where we want to go. And ackonwledging that if we want to go towards zero, sometimes we have to think about how to get there sustainably. In a network's context, sustainability means the network should work and has properties to support new members or new projects to learn how to help something flourish.

And here is the thoughts that Jango posted in the strategy channel, which is just some kind of thoughts in progress, to invite feedback, critique and other points of view. It kind of proposes a lens from which we can view maybe operations for the next year or so or into the future, while reflecting on our habits over the past year.

tending towards zero page 1

tending towards zero page 2

Jango also reckoned that we should get there one proposal at a time. The goal is to really find a sustainability model. There is a point where the core protocol needs to dwindle, and it's stablized because of having addressed risks and created enough pockets where people can create oppoutunities for themselves in subsequent layer stack. And there's less need to preemptively spend on JuiceboxDAO oriented things, JuiceboxDAO becomes a substrate and a lot of work can be done on expanding things like Defifa and expanding out clients at Peel, while also finding ways that those can sustain themselves. We have a substate that can structure those opportunities and risks. Then ideally JBX, as the energy of the ecosystem, serves to market itself as the network and a lot of more strategic storytelling components move to these other layers of this stack as well.

Jango thinks that given the nature of the treasury, assuming it kind of stays where it is, it makes sense for us to recognize that this isn't endless as well. That's going to keep moving funds out to the edge of the network, rather like we need to make there expenditures encouraging a point of self-sustainability and creating tools that are generalizable across projects. He also thinks, if we can create enough of these components and create that foundations as the principle, it will empower all these other projects around us to take on the responsibility of risk and opportunity on their own.

Migration Utilities Update by Jango

We are going to get the split allocators of V1 and V2, which will be published by the end of this week. We will have the V3 token that projects will be able to launch and migrate to from their V1 or V2 token stores. That is still being passed around since it's still making suggestion and edits, but it'll coming up soon. Jango is hoping that we can get it out there by the end of the year for front end to make use of.

Statistics Demo by Twodam

Twodam created a new Dune dashboard following all the NFTs created on the Juicebox protocol.

NFT Dune dashboard

Also, he made a dashboard to summarize the metrics relevant to Snapshot voting, which is also usable for all the DAOs in the Snapshot space.

Snapshot dashboard

Blec Report Project by Chris Blec

Chris Blec introduced himself to be a analyst in the DEFI space, and he spent a lot of time on Twitter poking around in DEFI projects and decentralization, trying to strengthen the space through critique by picking out spots that he feels users should. be aware of concerning trust issues and centralization issues, etc.

Recently he has launched a website blec.report to post his opinions about DEFI and crypto.

blec.report website

And after figuring out the mechanisms of Juicebox through the help of Jango, he also created a Juicebox project called Blec Report, in order to get some support to work on it full time.

blec report Juicebox project

And Chris Blec shared his experience and some obstacles in getting to understand Juicebox, which was very helpful in our understanding how we should communicate with potential users. He also expressed his willingness to play a role in clarifying to the community how Juicebox works, and hopefully acquiring more users to Juicebox, because he thinks Juicebox is a very useful tool and will be a great alternative to other sources of crowdfunding.

JokeDAO Rewards Module Demo by Seanmc

Last week Seanmc came to our town hall and gave a preview of their rewards module, which was shipped with the grant from JuiceboxDAO as the Milestone II of it. Now that they had this rewards module in production, they came to the town hall again and tried to do a contest to show the way this product actually works.

Seanmc set up the contest with a prompt of "If Juicebox had a conference, where should it take place and why?". People can submit proposals according to this prompt or vote on the submitted proposals with a dedicated voting toke. And the winners will get paid out proportionately according to the rules set with funds sent in the rewards module. In this case, Rank 1 gets 50%, Rank 2 gets 33% and Rank 3 gets 16% respectively.

Jokedao rewards module contest

Also the thing they are looking at doing in the future, is to allow anyone to deploy their own rewards module. If done, there might be multiple rewards modules all looking at the same contest and having different parameters for different ranks to pay them out with.

Planetable Demo by Livid

Livid came to our town hall to introduce a native MacOs App for building and hosting decentralized websites.

Normally, if you want to host a website on the ENS domains, the process will involve static website generators and IPFS. As currently there aren't many products available, you will probably need to use a centralized service like Fleek, or run an IPFS node which is your own computer. Apart from that, there will even be some command lines required, so many people who want to build on their own might just stop there.

The team has been developing this App called Planet, which helps users to build a block and publish it to IPFS. It has a built-in IPFS node and allow users to host websites from their Mac and no CRI is needed. Go check their website.

planetable website

On the town hall, Livid demonstrated how to generate a website with ENS domain and then host it to IPFS. And he also showcased the new functionality recently added to this app, which allows users to tip a content creator with ETH by ENS domains, while at the same time attaches the URLs of the articles to the data field so that content creators can back check where the funds come from later.

Livid also brought up the thought that maybe we can add a Juicebox icon into the App where it works like the current Juicebox project's paybutton, so that content creators can get paid into the Juicebox projects they set up. All a content creator needs to do is to just add a Juicebox contract address to their Planet settings, which would be very cool. He has been learning the technical details about Juicebox and hoped he would be able to implement the integration soon.

Planet is an open source App, its repo can be found here.

TokenURI Resolver Demo by Nichoas

The ownership of Juicebox projects is represented by NFTs, which allows whoever holding those NFTs to change the funding cycle configurations of relevant Juicebox projects. Currently the project NFTs on both V1 and V2 protocol have no metadata, so Nicholas has been working on a tokenURI resolver, which is like an extra contract to deploy, to make some of the project details visible on the NFT. JuiceboxDAO has given the permisson to do so until the end of December in this proposal.

Nicholas shared some of the images on the town hall, which are generated entirely onchain with orange as the default color. tokenURI resolver Project owners in Juicebox will not have to do anything to get the standard orange one if they choose, and will also be able to set a different theme to the NFT.

Nicholas is expecting that a V1 of this product will be up for this Christmas.

November 29th, 2022

· 4 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Infura gate postmortem by Peri and Filipv

On November 25th, the Juicebox.money website suffered a downtime of about 40 minutes. This came from the increased traffic from the Gabriel project, which attracted a lot of attention and ended up pushing us over a request quota in the Infura services we are using. We shouldn't have had a request quota with Infura, so something might went wrong in this matter.

We havn't really reached a conclusion yet on what happened, but as now Infura is taking steps to remove all rate limits on our accounts, at least in the perceivable future, we don't expect this problem to happen again.

The upside of this problem is that it helped us to figure out some inefficiencies in the App. Big shoutout to Aeolian who has already implemented some very quick optimization in the App for that matter. In the future if we do have an even bigger project than the ConstitutionDAO, we should be even better equipped to avoid any outage. Also great thanks to Filipv for helping us to resolve this problem really quicklly on a Saturday, and to everyone in the Peel team for jumping in for a quick fix.

Juicetool Proposal Submission Demo by Jigglyjams

Jigglyjam was doing a short demo of submitting a JuiceboxDAO proposal. He introduced the proposal interface in juicetool and showcased how to fill and submit a proposal.

juicetool proposal interface

And he also introduced that after the proposal is submitted, a discussion thread will be created in our Discord server. In addtion to that, a new branch is going to be created in the dolthub page of Juicebox governance, and the proposal will also be pushed to the database. All of these are in the process of slowly migrating off Notion to this open mySQL database.

JokeDAO Update by Seanmc

Seanmc came to our town hall to demo their 2nd milestone implementation for the grants in the proposal of JBP-211-Sponsor Development of JokeDAO V2. As their 1st milestone was finished and demonstrated on the Aug. 16 JuiceboxDAO town hall, this 2nd milestone has taken a bit longer to implement than previously expected.

In this 2nd milestone, they are trying to develop a rewards module, which can be used to reward different ranks with proportionate amounts in a contest. All funds will be sent to the contest and split by a rewards module, which is basically a contract attached to the contest and does everything onchain.

The rewards can be paid in multiple different types of native tokens or ERC-20 tokens of whatever chain on which the contest is deployed. Seanmc is very exited to see what people will use this module for, and they think hackthathons could be a really cool usecase where people can submit their hackathon entries and get paid out with a pre-funded rewards module for that contest.

Quiz Poll with Felixander

Felixander asked a question of "How Gabriel Haines will find SBF?" to Filipv, Dr.Gorilla and Matthewbrooks. And he asked attendants on the town hall to guess who was one that gave the answer "naked and handcuffed to a jacuzzi". For the backgound of this question, please refer to the project description of the the Gabriel Haines project.

quiz poll

The correct answer is Matthewbrooks.

Forming Update with Darbytrash

On last Sunday, the ALLSTARZ collab. with Forming was held at the Juicebox headquarter in Cryptovoxels.

Forming x ALLSTARZ

This event was a wild success. It was many people's first interaction with Juicebox and it seemed very well received. One of the ALLSTARZ DJ to this event, L444U, also came to the town hall today, out of the curiosity to explore more about Juicebox from this Forming event.

Lexicon Devils published the performance content on Youtube, as well as released the mixtape for it.

Also Lexicon Devils have planned a few Forming collabs with other communities later:

NFT Rewards Dune Dashboard by Twodam

Twodam made a very cool Dune dashboard that shows NFT rewards statistics across the Juicebox protocol.

NFT Dune dashboard

November 22nd, 2022

· 9 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Protocol Analytics by Filipv

Our project creations and payments in the past 30 days are both well above historical averages.

Protocol metrics

V3 Versioning by Jango

ONNI's project The Marfa Giant managed to get on V3 earlier today with an NFT collection, it is our first project deployed on V2 that managed to launch a new V3 treasury. We're working through that UX with Peel frontend team, and any small inconsistencies are getting ironed out pretty quickly. It feels good to be on the tailend of using the stuff we've been building and getting projects through the finish line.

Next stop for versioning will be making use of the splits allocator components that Viraz has been working on, for projects that want to keep their V1 and V2 treasuries online to just basically forward any received funds into their V3 treasury. Those split allocators are written, tested and up for review right now, and probably will be deployed in the coming weeks.

And also projects migrating to V3 should be able to use a V3 ERC-20 token if they choose to, by accepting V1 and V2 tokens through a migrate function and sending back out the V3 ERC-20 tokens, so as to maintain the total supply balance across all versions. This is also written and in reviews, thanks to the great work by Viraz again.

Currently V2 projects can launch their V3 funding cycles with the new NFT rewards functionality. Also they can choose to reconfigure their V2 treasury to be paused and converge onto V3 protocol, or operate both treasuries at the same time, which is what JuiceboxDAO is going to do.

As per Jango, here are the final steps folks will need to take in order for communities on V1 and/or V2 to safely launch on V3:

versioning last stretch

Finally, there're two pending projects that were prototyped in the summer but put on hold as we proceeded to build out V3 and the NFT extension, they are more oriented towards strengthening the JBX mechanism.

  • JBX fee module. This is a pay delegate. When payments are made into the JuiceboxDAO treasury, this delegate can make a decision whether to issue new tokens at a particular mint rate, or to go to the AMMs and swap the funds for JBX, and then issue them to the beneficiaries.

    This will help projects who pay fees to our treasury to get the best rate for JBX, but the tradeoff is we might not be receiving ETH into the treasury any more. We're just supporting the distribution of JBX.

    It's a component that has been researched and prototyped, but we'll have to come together and figure out if that's indeed the move in the form of a proposal, which will probably be the first thing in 2023 once we finish the process of migrating JBX over to V3.

  • veNFT. This is an NFT minted with locked project token, which can be used as either another accounting or governance primitive. Obviously the V3 token is what we will use here, so we will need to finish some of this prerequisite versioning work metioned above first.

Update by Lexicon Devils

Lexocon Devils will be hosting the Forming and ALLSTARZ collab on November 27th, 3pm PST, at the Juicebox headquarter in Cryptovoxels.

Lexicon Devils' Youtube channel is here, where you can check all the past Forming events.

YouniDAO Launch with Brenna and Saiko

YouniDAO is a DAO that amed at finding a way for local independent musicians to make a living off their creativity. They just launched their crowdfunding Juicebox project lately, with a Trench Family collection of 33 NFTs for their contributors. YouniDAO is one of the first projects on Juicebox to make use of our NFT rewards functionality.

YouniDAO project

They are currently doing an onboarding crowdfund campaign for Uni Fest Summers 2023, with the goal of making it the first web3 backed tour for independent musicians.

Also Saiko said there's a gigantic aspect of mindfulness around YouniDAO, which literally means you and I DAO, and they want to have a way to make everyone harmoniously assimilate in a certain way, because they feel strong being together, while at the same time valuing the personalities that they already got to interact with on a day-to-day basis.

They extended their gratitude towards Jango and folks in the Juicebox community, for supporting them to create and launch this project. They are very excited to be alongside Juicebox and for what is to come in the future.

Blunt Finance with Jacopo and Jango

Basically Blunt Finance is a Juicebox project funding cycle that has some additional features and follows some special rules. The way they are presenting right now is that it allows "Fundraise by giving contributors a share of future tokens and manage terms bluntly in the open with your community".

blunt finance

There are a few perks that Blunt Finance has, one of them is that you are able to allocate a percentage of what is actually the reserve rate of a Juicebox project to those who have contributed. The way it achieves this is because it actually uses both Juicebox and Slice under the hood.

About slicer/slice

Context: Slicer and Slice

Once a blunt round is completed, there will be a slicer, which is another smart contract developed by Jacopo, assigned to the reserved rate of the Juicebox funding cycle and take care of all the complexity by basically giving all the contributors a share depending on the amount they contributed and putting that automatically in the reserve rate.

These are some of the advanced settings that one can make use of when they are setting up a blunt project.

blunt create flow

A blunt round is basically a funding cycle that has some special rules, and it's divided in two different stages:

  1. The first stage is a fundrasing stage where people can contribute like they do to a Juicebox project. The difference here is that a blunt round has both a target and a hardcap, which a typical Juicebox project doen't has.

  2. When the contributions reach the target or eventually the hardcap, the project owner is able to close the round, and it allows the owners to claim their slices of the slicer and the project becomes a typical Juicebox project.

On the other hand, if the round doesn't close successfully which means the target of the fundraise hasn't been reached, the project owners will never receive the ownership of the actual Juicebox project. And the project winds up and contributors can get full refund of what they contributed.

Blunt finance is to give everyone who contributed during one funding cycle a share of issuance in future funding cycles, in a way like funding cycle #1 being a fundraise round, and during the subsequent funding cycles you can give everyone who participated in the fundraise round special incentives like product rounds where you just route some other fee/income into it.

Basically a blunt round lets you create a slicer which acts like an address representing all the participants in the first round and then you can just include that address in subsequent funding cycles on the reserve list. If someone wants to make an investment in a project but not be diluted by subsequent token issuance, this would be a mechanism to achieve that, which is also one of the reasons that Jacopo came up with this idea so as to make it possible to raise funds from private investors or institutions.

Although you could achieve the same thing by just collecting all the addresses of participants and manually include them in the reserve list, but with blunt round you could theorectically program the owners to be others than you, and the whole project will automate everything, or you can send it directly to governance contracts that's run by anything. Also it add a few funding cycle specific parameters such as hardcap and refund and a few more mental modeling things around fundraising that get hardcoded into the funding cycle #1.

Jacopo also introduced that currently the contracts are mostly done, there might be some tuning and maybe some last minute addtional features, but they're basically finalized. People will be able to play with all this stuff on Goerli testnet in a few days.

Visibility by Matthewbrooks and Brileigh

They just published the new edition of Juicenews here, you can also subscribe to this newsletter which will be sent to your email on a weekly basis.

Juicenews new edition

Matthew and Brileigh have also released a new episode of Juicecast, which is the first episode of ConstitutionDAO deepdive series they are producing for the ConstitutionDAO anniversary. The full Juicecast episodes can be found here.

ConstitutionDAO podcast

Confluence Miami by Bruxa

Bruxa and friends are going to hold a very wonderful event called Confluence during Art Basel 2022.

Confluence, with the theme of "The Intersection of Cryptocurrency and Climate Change", is aimed at bringing together innovators in the climate and web3 spaces to discuss wins and fears around emergent blockchain infrastructure. And there will be an art auction to raise funds for Thirsty Thirsty (regenerative agriculture) and OCN.ai (regenerative ocean metrics) on this event.

They created a Confluence @Art Basel 2022 project on Juicebox to raise funds for this event, making use of the new NFT rewards of Juicebox, to experiment a way to support this kind of activities in the future.

Confluence project

A Contest by Felixander

Felixander created a contest, the details of which he has put into a blog here, for the purpose of attracting more new members or Non-crypto native people into our Juicebox community.

This contest is actually a treasure hunt, and the treasure lies in an Ethereum wallet address that Felixander and WAGMI Studio have thrown some funds inside. Currenty there is 1.29 ETH in it and most importantly there are another 4 Defifa NFTs (Brazil, Argentine, France and Portugal) which might be very valuable if those teams turn out to be in the winning category on the World Cup 2022.

The hints to get the 12 seed phrases of this Ethererum wallet address will be in the story Felixander is going to tell. The story comes in 5 parts, the first part of which will be dropped on Thanksgiving , and the rest will be released every Monday afterwards until December 19th. Read throught the whole story and you will have the chance to solve this puzzle by Felixander and get that treasure!

a contest by felixander

November 15th, 2022

· 12 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Frontend Update by Peel team

  • Our NFT functionality is live, we've got quite a few new projects on mainnet using the NFT rewards
  • Initial V2 > V3 upgrade path is coming this week, V2 projects will be able to launch their funding cycle on V3 soon.
  • The priorities of Peel in this and next week will be bug squashing and continued integration of feedback into project creation flow.
  • Some new subgraph updates upcoming this week, hopefully we'll have funding cycle events appearing onto the project activity feed in the next two weeks.
  • Shout out and thank you to the DAO for supporting Peel's payout renewal proposal in the current governance cycle.

new_v3_projects

Defifa Update with Jango

Because we are trying to figure out how to continue spreading the word and telling the story of Defifa, Jango wrote a blog post about Defifa the other day explaining three of the novel technical components.

  1. Firstly, The NFT rewards mechanism, being part of the protocol, could be attached to any project upon launching now, or attached to a future funding cycle. Defifa uses this mechanism to define 32 NFT tiers that are corresponding with the 32 teams that will be playing in the FIFA World Cup, all with the price 0.022 ETH.

    That's all resuing a bunch of stuff that everyone has access to within the NFT rewards contract. Hopefully a lot of these extra nuggets of features will be coming to juicebox.money as weil, so that folks can have access to things like reserved rates and the governance aspect of tokens as well.

  2. The second interesting aspect that Defifa builds from is the idea of project ownership.

    Normally, project owners of Juicebox projects are a person or a multisig that has the exclusive ability to reconfigure the project's funding cycles. But in the case of Defifa, it's owned by a contract, which means no one has control over its reconfigurations. Four funding cycles have been pre-configured into the contract to represent each of the 4 phases of Defifa, which can be queued by anyone in the public before the current phase ends. All the timestamps that define the game start and couple other time bounds have been decided on the game's initialization.

    The entire life cycle of Defifa is basically unowned in a contract. It's an open design space that we're just starting to play with, but obviously it helps to have an end application in mind when you're thinking about how to leverage these tools. Jango hopes that this contract and this idea can serve inspiraton for folks who want to experiment more over time.

  3. The 3rd and last bit that's interesting about Defifa, which is new and unseen before, is the idea of governance with the use of a scorecard. Each NFT minted actually can be used to vote on a particular set of decisions, and Defifa scopes it down to one decision which is the result in real life.

    At the end of the tournament, token holders are responsible for attesting to the results of the competition, which is basically how should the treasury be split. Anyone can submit a scorecard and NFT holder will be expected to send a transaction onchain to attest to the correct scorecard.

    Once the correct scorecard is ratified, the treasury will re-open so that NFTs can be redeemed for the underlying treasury according to this scorecard.

As far as attestation is concerned, each of the 32 teams has 1 vote to attest to the correct socorecard. Each NFT, each unit within the same team has a fraction of that 1 vote. So if there are 300 Brazil NFTs, each of them has 1/300 of the vote to attest to the correct scorecard. There might be some corruption manipulation opportunities if someone amasses 50% of all voting power, which is required to actually confirm and ratify the scorecard. There might be incentives for people to mint the least minted teams to get higher proportionate voting power.

Jango also thought it's awesome to see the project page on juicebox.money. Currently the project create flow only allows 3 NFT tiers, but the protocol acutally supports open-ended number of tiers. So he suggested that we should prioritize to stretch what's reasonable in frontend's perspective for juicebox.money, which should be more healthy as we don't want to spend much time building something that no one's really putting too much stress on.

defifa_project

Jango was quite sure we would learn more about the parameters that we chose to initialize this game, and excited to run it again with new artwork and maybe some variable version of this site for the Women's World cup next year.

V3 Report by Jango

Compared with shift from V1 to V2, which was a quite significant one that opened up the creativity within Juicebox protocol, the shift from V2 to V3 is just a small change that patched up some minor issues from the audit report on V2.

JuiceboxDAO is going to put most stress on the migration system. Over the next two months, hopefully by the end of January, we'll have cleaned out the V1 and V2 allocation and moved everything to V3, as well as started the process of moving the V1 JBX into an iterated version of JBX. There will be more details coming on the JBX situation next week, as discussions are unfolding right now in the Protocol channel.

We want to only use the V3 treasury for JuiceboxDAO in the future, and we can set one payout on V1 treasury and one on V2 treasury. Anyone can call distribute anytime in those treasuries and funds over there will be moved to V3. So we can still receive payments or collect fees from those two treasuries, those funding cycles will carry on. Eventually we can turn them off if we choose to, and also turn off fees in those environments, but that should be a disscussion for another day.

The goal here is to converge on V3 operation from a contractual perspective, and meanwhile give frontend more time to keep finessing all the stuff added lately. There are a lot of little improvement to make, things to research and better understand, which takes time.

If projects on V2 choose to upgrade to V3, they get to keep the ownership NFT of their project so they don't have to create a new project on V3. But they will need to initiate new funding cycles and issue new tokens, which are things versioned from V2 to V3. You can either manage both at the same time, or you have the option to pause those funding cycles on V2 and take the project entirely onto V3. Although the scenario for Juicebox projects will be more complex due to the 3 treasuries it has across V1, V2 and V3, as well as the token migrations to make, but for most other projects, they can just start a new funding cycle on V3 and stop the one on V2, then mint and airdrop new tokens to their current holders.

Protocol analytics with Filipv

Filipv made a Dune dashboard for purpose of analysing the statistics of Juicebox protocol. It shows figures for the past 30 days on the left hand side, and historical context on the right-hand side.

protocol_analytics

In the past 30 days, we have 44 projects deployed, which is above the numbers in October but still quite below that of the historical average. The situation is similar with payments, in terms of either the number of payments, or the amount of payments.

And we have approximately 20 ETH paid to JuiceboxDAO as fees across all the protocol versions in this interval. Another figure is much higher than last month and also the historical average, which is the numbers of active projects with payment volume above 1 ETH.

Discussion about Juicebox fees

Filipv: I think it's worth considering that fees are only generated when projects actually make distribtutions, which usually means either they're sending the funds somewhere else, or they're making payouts to contributors. The more we can do to track DAOs actually running their operations, the better it will be in terms of fee generation.

Nicholas: I love the feature that projects don't pay fees when they're paying each other in the Juicebox protocol, so they might want to pay all of their service providers within the ecosystem in a certain way, which is cool.

Jango: It's useful to keep track of these different metrics. But it's really hard to say which metrics will be of utmost importance, especially at this point when we're still trying to find games that work and ways to express them. Let's just say in the craziest circumstances, you have the entire world operating on Juicebox treasuries and just sending funds from one treasury to another. There will be no fees generated, but all potential energy instead. It's like all value locked in the contracts. At the end of the day, it's not really about fees, if activities happening between projects, it's even better. People aren't paying fees and it kind of sits as this future cash flow proposition for the protocol, which I think it actually more exciting. You have a different way to think about what success means in that context.

Filipv: I think it's interesting to look at the way different metrics correlate and the way they don't. Project creations and payments seem to correlate pretty strongly. But fees don't seem to be as strongly correlated, so distributions don't seem to be as strongly correlated with those two numbers, neither does the number of projects with volume over 1 ETH. Often times , it seems when there's a big surge in payments, a lot of people will create projects as a result of the hype, but not all of those projects will actually lead to sustainable communities. So it will be worth considering that a metric like numbers of projects created can be a littile bit reductive because it doesn't speak to the amount of projects which are serious building.

jango: I think we have to keep reminding ourselves that the point of fees aren't to extend and grow the availability of our payouts. It creates the energy that can help propel any number of future projects. I think we have to answer in an extremely long-term vision of what the right fee structure or amount is. It's interesting to consider how the fees play out. Personally I feel pretty confident the goal isn't to accumulate and keep spending payouts, the fees don't give us the permission to expand payouts in a sense. It's all really just accumulating to the JBX energy and then servicing future fundraisers.

StudioDAO Launch with Kenbot

StudioDAO has launched this week. They're going to hold their first town hall on Thursday at 1:00 Pacific time. They want to show that there's good distribution and people are coming in.

Now that StudioDAO is up and running with its first treasury, they have the goal to raise 100 ETH in the first month to get this all working.

greenlight_treasury

Next step, they're going to hold a vote, to admit their first couple of films. There's a Alien-To-Me project and something coming along. They now have a proposal in with MoonDAO that looks coming along well. If this proposal gets voted in, they will be funding the MoonDAO documentary, which is super cool and kind of the perfect project for them.

Kenbot also said that this is a non-FOMO project, so there are no hard deadlines for buying the tokens. But, it should be the earlier the better. If people buy into the StudioDAO Greenlight Treasury right now, the issuance rate is 1,000,000 tokens per ETH with 20% reserve rate, which means contributors can get 80% of the tokens minted from the payment. But when they launch the film projects, the reserve rates of those projects will be 50%.

Also Kenbot is trying to collaborate with Jigglyjams to essentially incentivize temperature checks for the broader community, where they will keep track of who is participating in those temp checks with Nance, and in the future do claims or airdrops or something of additional greenlight power for people who are participating in the governance.

Lexicon Devils and Forming Update with Darbytrash

On November 27th, Lexicon Devils will be doing Forming collab with ALLSTARZ. For anyone who wants to take a look at the ALLSTARZ collection, you can click here.

forming_allstarz

They're going to do something special for ALLSTARZ NFT holders. The winners of the raffle on Twitter can have their ALLSTARZ NFTs voxelized by Wackozacco so that they can wear it at the abovementioned Forming party very soon.

The Forming mixtape, which is still a work in progress, will be coming real soon.

Forming_mixtape

Felixander's Town Hall Game

Felixander talked to three of our community members, Jigglyjam, Gogo and Viraz, and asked them the same question: "How would Banny get his funds out of FTX right now?"

They responded, in no particular order, with:

  • "he would disguise himself as shit, hide himself in SBF's toilet, then when SBF is taking a shit he will get inside of SBF though his anus... so you could say banny would fuck him up, then travel to SBF's cerebellum and take over his actions. He will then get in his account and get back his accounts and people that liked the this tweet. oh and he would share their private keys."

  • "Setup a thrinder (tinder for thirds) account and go on a date with Sam and Caroline. He finds SBFs private key storage safe, cracks it and send everyone their money back"

  • "funds are gone ser."

And folks in the town hall are supposed to guess:

townhall_game

The answer is ... Jigglyjams.

November 8th, 2022

· 8 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Defifa Update by Jango

The Defifa project was first launched on Nov. 06. It has been a pretty huge week tying all the parts together to the last minute. Folks in the frontend had to cope with some contracts that came in within 48 hours and did a great job of creating a very slick website at defifa.net. The project was put on Goerli testnet for some testing runs before it was launched officially on mainnet.

We should give a huge shoutout to 0xBA5ED for calling out a bug in the ownership of the contract, which was relatively ideal with only about 1.8 ETH put into the treasury. The team decided to temporarily pause the minting and put up a new project for it after cleaning up the bug in the past 24 hours, as well as making progress in the frontend for other features.

Everyone who minted in the previous version can get their full refund here and we will use the project's budget to refund gas to them later.

We are now having a new version ready and tests are feeling very complete along the way. The Defifa project is a little decorative thing on top of the NFT Rewards, but it still has some tricky things to get right, especially when it comes to making sure things have access to their funds and correct amount throughtout.

But so far so good, it has been a good process, we're excited to see this experiment play out. This project might be a bit slow for the first week, we'll use that time to explain it better, write about it, refine it if needed. Hopefully towards the start of the kickoff, the whole world will be reminded that the World Cup is just around the corner and there's a cool Defifa game that might be trending here and there.

V3 Frontend Update by Aeolian

V3 protocol has been enabled on Juicebox.money right now.

  • For new project creators.

    If project creators are creating a new project on juicebox.money right now using the new create flow, it will be launched with the Juicebox V3 contracts.

  • For existing project owner.

    We will be releasing tools and probably some documentation on how to upgrade the existing projects to V3 protocol. That's totally optional. The existing V2 projects will be working as normal, and we're definitely planning on maintaining backwards compatibility.

But importantly, new projects that are launched on V3 will have access to NFT Rewards when it goes live, which is about to happen quite soon. Later on, projects migrating from V2 will also be able to make use of this functionality also.

Strath and Wraeth, the developers who created and implemented the new create flow, invite people to give some feedback and report bugs.

$Joke Airdrop by Seanmc

Firstly, Seanmc extended their gratitude towards the Juicebox community for the continuing support to JokeDAO, and for the grants by JuiceboxDAO which has been very helpful to their development.

The day before this town hall, they sent $Joke tokens to people who have contributed to the JokeDAO Juicebox project, at a rate of 5,000 $Joke per ETH. The multisig of JuiceboxDAO also received 27,096.482 $Joke tokens for the grants distributed to the JokeDAO project.

The proposal that approved the grants to JokeDAO is JBP-211-Sponsor Development of JokeDAO V2 which was divided into 3 milestones. JokeDAO has completed the 1st milestone and demonstrated its results to JuiceboxDAO in the town hall of Aug. 16, 2022. Now they are still working on delivering the 2nd milestone of the grants.

Seanmc also introduced that the $Joke is the governance token of JokeDAO, which is used to determine the direction of JokeDAO and what they will be working on. Also JokeDAO holds jokerace every week, people will receive a voting token every week proportionate to the amount of $Joke they are holding, so that they can participate in the jokerace. Jokerace is either their MVP or the game they play with the platform that they're building at JokeDAO, which is a bottom-up governance platform made to be community centric for more emergent and fun governance, instead of a top-down governance that core team submitting proposals to the community like a board of directors.

The primary thing that they are working on right now is delivering the 2nd milestone for the Juicebox grants, which will be the executable contracts. These contracts will allow people to deploy a module to reward different amounts to different ranks in a certain contest, where you can customize whatever ranks and whatever amount of arbitrary ERC-20 token to reward. Anyone can make their own rewards module based on given contests.

Bookkeeping Demo by Gulan

Gulan came to the town hall and introduced his new tool for bookkeeping in JuiceboxDAO. This tool is supposed to unify all the payout information of proposals in one place and show what the liabilities of the DAO will be conclusively in the future funding cycles. Also it can acutomatically import data from the blockchain in real time, so anything that is happening on our multisig will be fetched and stored. Finally it will be able to export all the values into Notion where Jigglyjams will be able to read them automatically into Nance, to keep a continuity of data between defferent parts of the work flow.

Also Gulan explained about the CogniDAO he has been working on lately. The main purpose of CogniDAO is that, instead of him asking individuals for receipts in order to submit the expenses into bookkeeping process, CogniDAO acutally is a way to get the payment rails all aligned so that he can get the invoices, debit card info automatically and those will be plug and play into the system themselves. The whole point of using CogniDAO, according to Gulan, is to just have a passive entity in order to execute actual transactions so that payment-wise things can happen as soon as possible.

Forming Update by Darbytrash

Later this month, on Nov. 27, Lexicon Devils will be doing a Forming and AllSTARZ collab. Wackozacco has made a bunch of Voxels models for the ALLSTARZ collection and will make them wearables in Cryptovoxels.

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They are going to make a mixtape for all the previous Forming events, and use that to build hype around Forming and share more culture amongst more communities. They had a productive meeting yesterday and discussed some game plans and what other NFT communities they want to reach out, so as to keep moving forward with Forming.

Governance Cycle Update by Matthewbrooks

Matthew gave a brief summary to all the proposals in the current governance cycle. He also posted a threaded tweet on this matter, which can be found here.

Also Matthew and Brileigh released a new edition of Juicenews, summing up all major activities happened in Juicebox ecosystem last week.

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Juicebox Metrics by Filipv

From Nov. 01 to the day of this town hall, we had 266 ETH in raised volume with an average contribution size of 1.26 ETH. There were 11 new projects and 21 active projects in this period of time.

And periodic active projects on the protocol are on a down trend.

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Alien to Me Demo by Connor & Kenbot

Alien to Me is a show that is going to launch on either StudioDAO and Juicebox. As the creator of this show, Connor came to the town hall and introduced what they've been doing on StudioDAO. He shared his screen to reveal the page they are working on by introducing all the items on that page. He also explained specifically what their super ticket options or NFT Rewards tiers would be.

And here is the trailer video of Alien to Me. Enjoy!

Kenbot praised Connor for his great job pulling this together and they are going to make this show a real project on StudioDAO. And the whole point is to create a context for more creators to launch Juicebox projects that can become a part of the network. As people are looking for ways to incubate and help new artists get started, Kenbot thought they will get the platform operational very soon so that they can open up the funnel to onboard more creators, which is definitely a critical part of building the StudioDAO network.

Kenbot also said that StudioDAO is going to launch their Greenlight Treasury first and open up the DAO for early membership, before going into a phase of establishing the governance, launching the first lot of projects and opening up a way for people to pitch to the StudioDAO for projects to get admitted.

University Blockchain Club Initiative by 0xSTVG

0xSTVG has recently been working very hard to connect with some university blockchain clubs. Jango, Nicholas and 0xSTVG presented a technical overview for Stanford blockchain club earlier last month.

Today he was going to meet with cryto club of University of Michigan, which is one of the most crypto friendly universities in the world, together with Nicholas and Filipe, to give a general overview of Juicebox, and then they are going to have a Q&A session with the members of the student body.

And at the invitation of UCI (University of California, Irvine), he is going to join them on Nov. 21st to introduce more about Juicebox.

November 1st, 2022

· 5 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Reconfiguration Helper Updates with Jigglyjams

This reconfiguration helper tool was developed under the collaboration of Twodam and Jigglyjams.

Context reading:

Submission of transactions for Gnosis safe multisig used to be a very tedious process:

  • After governance process, someone will have to sort out differences in payouts (new splits or removal) according to proposals passed, and compile the new list into a spreadsheet;
  • Someone will have to review the new payouts and then revise them one by one on the reconfiguration interface, ofter times involving some calculation of percentages; (if it's a funding cycle with dozens payout proposal, it can be a very back breaking effort. We should shout out to Jango and Twodam for handling these in the past.)
  • The transaction details on Gnosis safe is very complicated and not at all friendly for a non-Dev to read, let alone tell the rights or wrongs.

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How this tool works

So Twodam and Jigglyjams worked together to solve this pain point, by retrieving data from the Ongoing contributor payouts table in Notion after each governance process and display them properly next to those of last funding cycle, so that operators or multisig members can easily compare if the differences are complying with our governance results.

This reconfiguration helper will line up two adjacent funding cycles reconfiguration parameters, one being of the current funding cycle, and the other one being the upcoming funding cycle, so that an operator can compare and decide if the differences between them are consistent with governance voting results. If yes, then the operator can sign and submit the new reconfiguration transaction to the Gnosis safe, where the multisig signatories can sign to queue the transaction onto the blockchain. Also, multisig member can use this to confirm transactions are correct or not before they proceed to sign. After the transaction is executed, the reconfiguration will be finished.

As the data are fetched from our Notion database, the operator don't need to manually calculate on the interface of Juicebox.money before submitting the transaction any longer. Especially when JuiceboxDAO will potentially have 3 reconfigurations (V1, V2 and V3) to update every funding cycle in the future, this helper will definitely make life a lot easier for mutisig signatories and the operators.

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Notes from Jango

  • NFT Rewards 721 delegate has been deployed to mainnet
  • Defifa project is coming down to the wire. All the pieces are looking good but will need to stitch them together.
  • Multisig members please review and sign transactions.

Front end timeline of NFT create flow deployment and Versioning deployment by JohnnyD

As far as launching new project with NFT, That's all covered on the front end. It's basically just a flag we need to switch on, and we are just working up to the news that the contracts have been deployed. And then that will enable new projects to be launched with NFT rewards on mainnet.

The next step in the frontend's timeline will be releasing the reconfiguration functionality which is aimed for projects that already have NFTs and want to reconfigure those NFTs.

The step after that is to make it possible for projects without NFTs now to reconfigure their funding cycles to have NFTs attached, which will be last piece of the puzzle on the frontend side.

Juice RSS by Filipv

Filipv made a Deno script that provides an RSS feed for Juicebox projects. When new Juicebox projects are created, the information can be retrieved with a RSS reader.

If people are interested in getting the most up-to-date info about new projects on Juicebox, they can add this link to their RSS reader: https://juice-rss.deno.dev/.

And the repo to this script is here.

Bannyverse updates with Felixander

Felixander build a rudimentary and simple website for Bannyverse here, where he thinks we might curate some arts or maybe organize some art contests.

In visibility, he was trying to establish some kind of baseline of the situation of current visibility. And he also mentioned that September was the best month in this concern on the blogs since we started.

And he created a Juicebox project called JB Eyeball Collection Fund to raise funds for the marketing budget, which stemmed from the discussion we had about the possibility of some different forms of marketing. The initiatives that Felixander was currently looking at putting the marketing budget would be:

  • To hold some kind of press release for projects like Defifa,
  • To run art contests or Banny meme contests, collaborating with other Web3 artists
  • To hold a treasure hunt related to Bannyverse culture.

AI Drawing Connoisseur with Felixander

Fexliander prepared 3 prompts in a poll and ask community member to guess which one of them was going to generated the most creepy image when thrown upon Dall-E the AI drawing.

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ConstitutionDAO Podcast Series Update with Matthewbrooks and Brileigh

They managed to arrange an interview with Brooke Lampley, the chairman of Sotheby's who were on the auction floor bidding on behalf of ConstitutionDAO last year.

Also they will talk with Julian Weisser and Will Papper, core contributors to the ConstitutionDAO as part of the ConstitutionDAO podcast.

They are going to make several episodes for this ConstitutionDAO podcast, and probably will release the first episode around the mid of November, hopefully on the actual day of the anniversary of ConstitutionDAO.

October 25th, 2022

· 7 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Audit Fund Recap by Nicholas

icholas created the Audit Fund project to raise funds from our community members to pay Code4rena for the NFT Rewards contract audit contest, before the funds were distributed from the DAO. For more details about this project, please refer the summary of Town Hall last week.

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On Oct. 22nd, after the grants from the DAO was added to the balance of the treasury of Audit Fund (Add to balance is a method to pay a Juicebox treasury without invoking minting of tokens, which in this case is to make sure the donors can have their full refund), people started to redeem their project tokens to get the ETH they donated a few days ago back in full amount.

Also a total of 9,000,000 JBX rewards (3m JBX by the DAO, and 3m JBX matched by Jango and Peri respectively) for donors to this Audit Fund project have been airdropped by Nicholas today.

It seems that the Code4rena found this crowdfunding project very interesting, which maybe would lead to a future partnership between JuiceboxDAO and Code4rena.

According to Nicholas, this project will probably stay open later on, as there will be future audits, such as the one for veNFT at some point in the future, or even audits of smaller scales in between.

NFT Rewards Audit Update by Jango

The Code4rena Audit contest for our NFT Rewards has finished.

Everything went quite smoothly, we've got a report with close to 200 line items of the findings from Code4rena that catalogued as high severity, medium severity, gas optimization, etc. JuiceboxDAO Devs have spent several days triaging problems found, reading through and getting the gist of issues, while been in touch with a few wardens throughout the week.

The good new is that it looks like no critical timeline-busting issues were found, so we will still be on track of deploying it to the mainnet next week as planned.

Jango thinks the audit is a better process prior to deploying. We've learned from the audit of V2 protocol that even though a project seems like it has been a long while coming and feels ready and well tested, sometimes it still can lead to more annoying stuff later on. So we'd better take the final step of looking at things closely and sharing it with the world and incentivizing folks to poke around.

The next couple days, our contract squad will be getting their test suite up to date with the changes included. If all goes well, we'll probably be aiming for deployment on Mainnet on Monday or early next week. Projects will be able to attach it into their funding cycles and deploy NFT Rewards in less than a week.

New Project Create Flow by Wraeth

Frontend team, especially Strath and Wraeth, has been working on this new create flow for nearly two months. The whole idea is to make this process a lot more simple than what we currently have, in order to make the experience of project creation more enjoyable for users.

Strath has come to the Town Hall on Sept. 13, 2022 and given a preliminary introduction to this project.

Today, this new create flow has been deployed on goerli.juicebox.money. Wraeth walked us through every steps of the create flow by demonstrating the creation of a project Flamingo Sunday.

Some characteristics of this create flow:

  • This create flow breaks down our current creation process into different steps, so that project creators basically only need to make one big decision every step, so as to alleviate their cognitive load in this process.

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  • This new flow tries to simplify the UI and make interface neat and clean, by folding some optional choices or hiding some unselected information away, so that project creators don't need to be bombarded with too much information in their project creation.
  • The create flow supplies some default templates such as Automated Funding Cycle, Default Token Settings, etc., so that project creators can just choose the frequently used configurations instead of having to customize their own every step of the way.

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  • It integrates the new NFT Rewards contract, project creators now have more choices to incentive their supporters, though the contract is expansive so a lot of functionalities might need to be added in future iterations.

This product is not yet finished and might need some iterations to improve it a little bit more. Try it out, and if you have feed back, please come to share with us in the Project Creation Feedback thread under the Frontend channel of JuiceboxDAO Discord.

StudioDAO Sesh by Kenbot

Kenbot was very grateful for Jango's encouragement to build in public, which has changed their way to build this project. They have set up a dedicated channel in JuiceboxDAO's Discord to incubate this project, from where it got traction and really moved out into the real world. And Kenbot also expressed his gratitude towards Aeolian especially who heroically helped building some very key feature and energized the whole process.

Kenbot also made a demo on the Town Hall to showcase all the items on the webpage of StudioDAO, which he hoped would become a dashboard of fun things to do and be related to the NFT collection of community members. He thinks that crazy ideas will start from here and will be able to have more and more funding so that things will grow from the bottom up to their brilliant success.

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DevCon Casa Event Recap by Bruxa

Bruxa came to the Town Hall, and shared her deep gratitude for what this project has helped bringing forward, both as a personal transformative experience and as a transforming opportunity for the Thirsty Thirsty community.

She also wanted to share that the grant from JuiceboxDAO has not only obviously helped make such a beautiful experience, but also already generated really serious impact for their community. On one hand, some of that grant provides fantastic runway for Thirsty Thirsty as a nonprofit to continue operating, on the other, it also helps individual community memebers in some realistic ways, such as improving their personal life, and renewing their enthusiasm for what's possible in the community.

Jango also expressed appreciation for what Bruxa and the Thirsty Thirsty community have pulled together on this event. He thinks a lot of our community members are pretty narrowly focused and collaborative with folks who share a high bandwidth JuiceboxDAO perspective. And It is very awesome to come together with all kinds of brilliant people in all kinds of brilliant places with different themes.

Bruxa also invited Juicebox community members who happen to attend the SF Blockchain Week 2022 to join the activities by Thirsty Thirsty community in that interval. They are planning to arrange some casual vineyard visit, and would love to meet more Juicebox folks over there.

Bannyverse Comic 2 Teaser and Defifa Press with Felixander

Felixander said he would be putting more effort into the Bannyverse and working on building out Banny with more zany/crazy memes.

Also he is going to work on the Ad page that ComicsDAO provides us in their NounsDAO comic book. He will work with Brutula and set up a thread in the Discord to have more discussion on this matter.

The 2nd edition of Banny comic is coming out soon, here is the teaser of the story of detective Banny.

And about the Defifa press, Felixander has been reaching out to get some press to cover our Defifa project before its launch. He invited any kind of help to that matter and was open to any ideas on getting the ball rolling over there.

Depraved Pictionary with Felixander

On the meeting Felixander asked some DAO members to give him a one-word activity or an item that Banny gets up to on a wild weekend. And he invited some of the members to play a game at skribble.io, in which one person is to draw a picture from their word while the rest of member are supposed to guess what that word it.

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After the game, Felixander set up a poll to see what is the most favorite word/item in the game.

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October 18th, 2022

· 10 min read
Zhape
JuiceboxDAO Contributor

Town Hall banner by Sage Kellyn Art by Sage Kellyn

Code4rena Audit and Audit Fund Project with Nicholas

The Code4rena audit contest for our NFT Rewards Contract has begun earlier today.

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This is a $50,000 audit contest which will last 5 days until Oct. 23rd, 2022. After that, the NFT Rewards contracts will be deployed on Mainnet and attached to juicebox.money around the end of this month.

Although a proposal for the JuiceboxDAO to fund this audit contest has been approved, the grants will not be available until Oct. 23rd due to governance process arrangement, which is at odds with our original plan of starting the audit on Oct. 18th.

So Nicholas created the Audit Fund project to help raising funds for this contest first, the donors to this project can have their full refund by the time the grant from the DAO is added to balance of the Audit Fund project.

Nicholas also launch a 3-tiered (0.1 ETH / 1 ETH / 10 ETH) NFT collection to help boosting the fundraising, with the proceeds of its minting directly routed to the Audit Fund project, so that minters can later on redeem their project tokens to get their refund and get to keep this NFT.

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Also the DAO agrees to allocate 3,000,000 JBX rewards to the contributors of the Audit Fund project, which is to be divided into 1,000,000 JBX for each tier of NFT respectively and evenly split between NFT holders of the same tier. Because Jango and Peri decided to match the rewards of the DAO, the rewards finally reached 3,000,000 JBX for each tier of contribution. And the NFTs serve as a ticket to the airdrop of these JBX.

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The Audit Fund project turned out to be a huge success, with total funds raised far more than needed to pay the audit contest.

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This project may serve as a proof of concept for a possible JuiceboxDAO x Code4rena partnership, to help permissionlessly sponsoring audits for other protocols.

DevCon Casa Update by Jango

The context of this event is as follows:

The proposal of this event by Jango was approved by JuiceboxDAO a little while ago.

“As JuiceboxDAO looks to encourage and support game-changing projects and capital formation schemas to form leveraging the Juicebox protocol, it should consider sponsoring accessible in-real-life gatherings hosted by contributors intimately familiar with the protocol and its potential applications to big-picture ideas, and attended by passionate builders, designers, and capital allocators.

The Thirsty Thirsty community and I are curating programming in a house in Bogota for ceremony, celebration of our agricultural lineage, and design sprints focused around how we might sustainably fund land-based projects using Web3 primitives, around the time of DevCon.“

- Abstract from this proposal

Jango's first-day-back reflections:

  • Our ability to pull multi-disciplinary passionate people together was key to unlocking new creative avenues. Ahead of time, I was less sold on the need for a videographer as a value add to the experience. Turns out the budget wasn't just spent on getting a videographer there, they were spent on a Fernando. Same goes for Juanda, everyone who brought +1's, and everyone folks invited to our space for deliberate design/learning sessions and casual moments. Next time we need to double down on this. It's all about the people, the work orders are just an excuse.

  • Having a few focused scheduled moments around food and ceremony were grounding and set a perfect tone. It wasn't a greasy hacker house, it was a welcoming space where we could be caring, curious, and warm towards one another.

  • It would be nice to have a few more optional excursions planned for people to take part if their schedules allowed, though it seemed most people were happy sitting around the house with laptops out together, exchanging ideas out loud and on notebooks.

  • It was great having an extra house in Guasca. Though we didn't use it to its full capacity each day and had some trouble accessing it at times (dirt roads, annoying hosts), the times we did use it were monumental. The dinner we threw with our friends from Mochi was epic, and it was great to have extra bedrooms for folks who wanted more space for themselves.

  • Epic having Pablo, Alejandro, Thomas, Mark, Steve, Juanda, Fernando and Bruxa there alongside more day-to-day JuiceboxDAO contributors. It was a focused enough group of people where I felt I could build relationships with everyone. I'm more of an intimate 1-on-1, small group, few real friends kind of person, the cadence of this event catered well towards that. Epic group of big-brain big-heart people.

  • Despite spending loads of time online together, getting time to hang and bullshit with peri, zeugh, nicholas, filip, and jmill was necessary to gluing new ideas together. The whole week was high-bandwidth communication with a bias towards doing. big love to the family.

  • One of our super powers is empowering creative and passionate people to pronounce their creative muscle through their own projects, in the way they feel most comfortable, encouraging them to push against discomforts their curious to explore, while helping make connections within our expanding ecosystem of builders who might offer support and specialization to round out a project's needs. It'll be difficult to measure this event's immediate value add to the broader JuiceboxDAO community, but seeds were sown and I look forward to referencing this Bogota week as an origin story for many projects/partnerships that may sprout over the next several months.

  • We need to be aware of people's financial circumstances when inviting multi-disciplinary friends. We did a good job in helping Fernando, Juanda, Bruxa, and Zacharias (didn't make it but we did what we could) arrive by compensating their airline fees, while all others were responsible for sourcing flights themselves. We each have our own accesses and constraints, we have to be comfortable talking about them so we can help one another make stuff happen and leverage what each of us can bring to the table. This is tricky to scale, but important to get right.

  • We could've used more help sourcing ingredients and planning foods. We had this in place with Zacharias, fell apart last minute. Stoked with how we all came together and made it work, but we all spent a grain too much time throughout the offsite week planning meals.

  • I liked over-indexing on supporting Thirsty Thirsty. It allowed us all to problem solve with confidence as the weeks went on. I'm excited to see how we can continue working together to help them raise and sustain funds used to power land-and-people-based experiences, and how they can help JuiceboxDAO bring it's community together around earnest moments alongside neighboring communities.

Frontend Update by Aeolian

  • The rinkeby.juicebox.money site has been deprecated;
  • V3 version of Juicebox contracts have been deployed on Goerli testnet;
  • Mainnet launch of V3 contracts is underway, but the timeline is still TBA due to some recently found complexities with Subgraph.

Visibility Update by Matthewbrooks and Brileigh

A new edition of Juiciness newsletter is released today, covering:

  • Weely recap by 0xSTVG
  • An article by Nicholas about routing funds from an ENS to a JB project
  • An article by Felixander about the history and configuration behind SharkDAO
  • Articles by Matthew and Brileigh about MoonDAO and its project configurations respectively
  • First video interview released on Youtube, with David Phelps from JokeDAO
  • Defifa teaser by WAGMI Studios
  • Town Hall summary for Oct. 11 by zhape

Also they are trying re-render all the past Juicecast episodes with custom 4k waveform visualization and upload them onto the account of JuiceboxDAO in Youtube, in the hope of repurposing the contents and improving the seachability of them, so as to expand the influence of JuiceboxDAO.

Art Apprisal Contest by Felixander

Felixander asked 3 peolple to decribe ''Banny's craziest night" and use those descriptions for purpose of AI drawing on Dall-E. He showed on the town hall one of the drawings and ask people to guess whose description makes this picture.

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And the correct answer is ... Jango.

Quick Update of Defifa by Jango

Folks have been pushing stuff out one chapter at a time in this Defifa project.

From a frontend perspective, big shoutout to Blaz and Deviant for getting the site up and hosted, and also starting to prototype the sections. Later on, we can start pointing people to the page, to improve the styling and some final touch-ups towards the end.

From a contract perspective, we have the redemption mechanism working, thanks to Viraz and 0xBA5ED for prototyping some different options we have for the redemption calculation and attestation processes, which are feeling tight right now.

The next step on the contract side is to encode 4 funding cycles into publicly queueable transactions. The project owner will be a contract and it'll initialize rules passed in with the start date of tournament, minting period, trade deadline and the end date. When one funding cycle is in progress, anyone can queue the subsequent funding cycle from these rules.

Shoutout to Mieos for stitching together these artworks for every country, which requires a big chunk of focused time and effort. And thanks to Sage for the iconic Banny design, relentless and incredible as always.

Also shoutout to Tankbottoms for helping out last week, wrapping these in metadata and getting it pushed to IFPS so that we can leverage in the NFTs.

Next week we'll be wiring everything up on Goerli, while Jango has yet to decide whether we will try out minting on Goerli, all the components are coming together and feeling quite good.

Once the game is over, we'll think about how to expand the framework and interface to accommodate a generalized version of the game, so others can play with their own intent.

Question about NFT Rewards from ComicsDAO

Defaulteduser, the founder of ComicsDAO, explained that these days comic books have become a collectible instead of something to enjoy, which is quite annoying for the lovers of comic books. So he thought of taking comic books and putting them onchain, so that they can preserve the books while at the same time allowing more people to enjoy the content. They've been looking at scanning individual pages of rare comic books and essentially putting these pages on chain.

He was wondering if it's possible to scan pages of rare comic books and give them away as NFT rewards in a fashion of randomized distribution to people who will receive them.

Jango thought the randomization would probably be a tricky part of it, because the NFT rewards are designed to be choices that are deterministically made. He suggest that ComicDAO might try to distribute the NFT rewards first, but would then reveal which comic pages are in those NFTs respectively later on with some other randomization process. They can use a specialized URI resolver contract which will actually resolve the image of each NFT in metadata after the distribution. After that, as the owner of that contract, they can eventually renounce their ownership so everything will be fixed in place. And this should be a cool idea to work towards.