juicebox

Author: filipv
Date: 2023-03-02

Thesis

Authorize the multisig to reimburse Ethereum gas fees for deploying Juicebox contracts, distributing JuiceboxDAO payouts, and distributing reserved JBX.

Motivation

Deploying contracts is expensive, but writing individual reimbursement proposals takes time and attention. By putting a reasonable reimbursement process in place, the DAO can give contract devs more confidence when deploying contracts.

As the DAO migrates operations to its v3 treasury, it should offer payout distribution reimbursements to ensure that the v1 allocator payouts described in JBP-316 take place.

These reimbursements should help to make DAO operations smoother.

Specification

Within each 30-day period, allow the multisig to reimburse up to 10 ETH for deploying Juicebox contracts, and 1 ETH for distributing JuiceboxDAO payouts or distributing reserved JBX.

These amounts are to be distributed at the multisig’s discretion, and are not guaranteed to individuals deploying Juicebox-related contracts or distributing funds/tokens. Multisig signers should exercise their best judgement when queuing, signing, or executing reimbursement transactions.

For any larger reimbursements, a proposal will still be required.

Rationale

Reimbursements will most likely be far below these amounts, but setting these thresholds gives the multisig some leeway to deal with unexpected events.

Risks

• This proposal follows the trend of giving more power and responsibility to the multisig, which can go wrong. We should automate this with juice-opengsn as soon as possible.
• Contract deployers might be less careful if they think that refunds are guaranteed.

Timeline

Approve these reimbursements for 180 days from the time this proposal is ratified on Snapshot.

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