$JBX, $NANA, and $REV

by Jango – originally shared on jango.eth.limo

Tokens in the Juicebox Ecosystem

$JBX

• Address: 0x4554cc10898f92d45378b98d6d6c2dd54c687fb2
• Function: $JBX is a revenue-backed governance body supporting the Juicebox ecosystem. Collects investments, fees from Juicebox V3 protocol, and governs other assets.
• Access: https://juicebox.money/@juicebox
• Key Features:
  • Mint $JBX using ETH based on the current issuance rate (~50,000 $JBX/ETH).
  • Option for $JBX buybacks if market price is better than new issuance.
  • $JBX buybacks and issuance split 50-50 between fee payers and $JBX governance.
  • Redeemable for accumulated revenues.
  • Governance rights to allocate shared treasury revenues, adjust issuance and redeem strategy.

$NANA

• Address: soon
• Function: $NANA is like $JBX but with no governance, no payouts, and with multi-chain support. It collects investments and fees from the Juicebox V4 protocol across chains.
• Access: soon
• Key Features:
  • Mint $NANA using ETH or other coins.
  • Option for $NANA buybacks if market price is better than new issuance.
  • Majority of $NANA buybacks and issuance governed by $JBX.
  • Redeemable for accumulated fees.
  • No governance, treasury runs as a revnet.
  • V4 adds multi-chain multi-token and multi-fork conveniences, verbiage changes, removal of rarely used functions, the ability to schedule multiple rulesets ahead of time, and other niceties and optimizations. It is experimental and not yet as stable as V3.
  • $NANA is a treasury-backed token across Ethereum Mainnet, Optimism, and any number of L2s into the future.

$REV

• Address: soon
• Function: $REV bets on the revnet ecosystem. It manages donations, investments, and revenues from building revnet tools and allocating to revnets.
• Access: soon
• Key Features:
  • Mint $REV using ETH or other coins.
  • Option for $REV buybacks if market price is better than new issuance.
  • $REV buybacks and issuance split 50-50 between fee payers and the revnet.eth multisig.
  • revnet.eth uses its balance to bet on revnets, making them more accessible, useful, and investible through apps, tools, and storytelling.
  • Redeemable for accumulated revenues.
  • No governance, treasury runs as a revnet.
  • $REV is built on the Juicebox V4 ($NANA) protocol.

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