SIP-00033- Pause SharkDAO's Juicebox
Authors: @dropnerd, @kb1900 Consulted: @synth, @JPicL, @cryptotax, @tommyversetti, @nico, @A•N, @Azrkhr, @jango
Purpose
- Close round as agreed before when the round opened
- Prevent bad experiences from Juicebox and AMM price disparities
Summary
- Close Juicebox as soon as feasible for multisig signers
Background
This last round “Evolution” was opened as an emergency measure when Noun #47 (the Shark Noun) arrived. We have been able to raise ~100ETH since opening the Juicebox, and the funds contributed towards our winning the Shark Noun. We had agreed that we would close it shortly after this bid. In addition, several members have mentioned that they were disheartened by the difference between the Juicebox and the AMM price.
Risks
- We are still receiving ~1 ETH per day that the treasury is open, this would not be captured
Appendix
More context- previous voice discussion summarized by @kb1900: https://discord.com/channels/873484934885543967/877329666392854570/894720867534258207
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x021e...F3F4e4 | 10.471M | SHOULD PAUSE Juicebox joining |
 0xF333...572732 | 10M | SHOULD PAUSE Juicebox joining |
 0x28b8...E327a7 | 4.161M | SHOULD PAUSE Juicebox joining |
 0x40b6...a78C4d | 3.177M | SHOULD PAUSE Juicebox joining |
 0xb75e...90618D | 2.892M | SHOULD PAUSE Juicebox joining |
VOTE POWER
Proposal Status
- Fri October 15 2021, 09:20 pmVoting Period Starts
- Mon October 18 2021, 10:30 pmEnd Voting Period
Current Results
1-SHOULD PAUSE Juicebox joining
47.617M
2-Abstain
1.878M
3-SHOULD KEEP OPEN (no action)
444,837.925