The Discount Rate is a setting that defines how quickly token production depreciates per amount of ETH. This incentivizes early investors as they will be given more tokens for their investments. The Discount Rate is setting that can be changed when a project is created. 

Discount Rate

In the Juicebox protocol, the redemption bonding curve determines the amount of collateral (such as ETH) that token holders receive when redeeming their project tokens from the overflow pool. A lower bonding curve percentage penalizes early redemptions by giving them less collateral, which incentivizes holding and leaves more funds in the treasury for remaining members.

Juicebox Redemption Bonding Curve

University of Chicago

Juicebox is a business-model-as-a-service and programmable treasury for community-owned Ethereum projects. The Juicebox protocol constructs and maintains the financials (treasury) for other Ethereum communities. 

Juicebox DAO

- Funding Cycles
- Funding Target 
- Spending Feature
- Token 

Protocol Specifics

Benefits

Governance for Juicebox is an evolving process. Right now, it is aligned with the two week funding cycle. Every member of the community can create a proposal for all aspects of the business including payouts, protocol change, and multisig changes. After a proposal is created , there is two day discussion period in which changes to the proposals are allowed. After this, a Temperature Check is created. If a quorum is reached, there is another discussion period. Once this period is over, the proposal is sent to a final, on-chain vote on Snapshot. The amount of tokens a person has is used as their voting power. If the proposal passes, there is a 4 day period in which those on the multisig implement the proposal. 

Learn Before

Related

Learn After