TL;DR
- MoonDAO was trying to setup a governance process, which require governance token, that’s why he started looking into solution like Mirror, Juicebox
- Juicebox seem to be the best for them, as
- It doesn’t have a cap for fund raise (while Mirror had a cap, if you want to remove the cap, need permission from the team)
- Juicebox is flexible as it agrees to remove 5% fee
- Juicebox’s community is strong and supportive, which is a big plus
- Main area of improvements
- Set maximal supply for the tokenhas
- Support better distribution of the governance token
- MoonDAO wants to be able to have flexible/programmable release cycle for governance token to contirbutors
- (IDEA)Allow people to donate NFT, and the NFT sales go to treasury
Background of the community
MoonDAO needs no more explanation. :)
https://moondao.com/
Why juicebox?
Problems you try to solve
Setup governance token & fund raise
- The first phase of MoonDAO is setup governance process, which require governance token. So he was looking for solutions around that part.
What other alternatives you tried apart form juicebox?
Options |
Problem |
Juicebox benefits |
Mirror |
**- It has 5% fee that won’t be able to remove |
|
- They have a default cap for the crowdfunding feature, and needs permission to remove the cap** | - no cap
- permissionless
- flexible as we agree to remove 5% fee
- strong community support |
How can we improve juicebox further for you?
1. Set a maximal limit for the token