name: jb-ruleset description: Configure and queue Juicebox V5 rulesets. Design ruleset parameters including issuance rate, reserved rate, cash out tax rate, splits, payout limits, and approval hooks. Generate scripts for queueing new rulesets.
Juicebox V5 Ruleset Configuration
Design and queue rulesets for Juicebox V5 projects.
What Are Rulesets?
Rulesets are time-bounded configuration packages that define project behavior:
- Token economics: Weight (minting rate), reserved rate
- Cash out behavior: Cash out tax rate
- Fund distribution: Payout limits, splits
- Governance: Approval hooks for change control
When a ruleset ends, the next queued ruleset becomes active. If no ruleset is queued, the current one recycles (with optional issuance cut).
Ruleset Parameters
JBRuleset (Read-Only State)
struct JBRuleset {
uint256 cycleNumber; // Increments each cycle
uint256 id; // Unique ruleset ID
uint256 basedOnId; // Previous ruleset ID
uint256 start; // Start timestamp
uint256 duration; // Duration (0 = indefinite)
uint256 weight; // Token minting weight (18 decimals)
uint256 weightCutPercent; // Weight cut per cycle (0-1000000000, where 1e9 = 100%)
IJBRulesetApprovalHook approvalHook;
JBRulesetMetadata metadata;
}
JBRulesetMetadata
struct JBRulesetMetadata {
uint256 reservedRate; // Reserved tokens (0-10000, where 10000 = 100%)
uint256 cashOutTaxRate; // Tax on cash outs (0-10000)
uint256 baseCurrency; // Base currency for accounting
bool pausePay; // Pause payments
bool pauseCashOut; // Pause cash outs
bool pauseTransfers; // Pause token transfers
bool allowOwnerMinting; // Owner can mint tokens
bool allowTerminalMigration;
bool allowSetTerminals;
bool allowSetController;
bool allowAddAccountingContexts;
bool allowAddPriceFeed;
bool ownerMustSendPayouts;
bool holdFees; // Hold fees for potential refund
bool useTotalSurplusForCashOuts;
bool useDataHookForPay; // Enable pay data hook
bool useDataHookForCashOut; // Enable cash out data hook
address dataHook; // Data hook address
uint256 metadata; // Custom metadata bits
}
Queue Rulesets
Use JBController.queueRulesetsOf() to queue future rulesets:
function queueRulesetsOf(
uint256 projectId,
JBRulesetConfig[] calldata rulesetConfigurations,
string calldata memo
) external returns (uint256 rulesetId);
Configuration Examples
Basic Ruleset (Indefinite Duration)
JBRulesetMetadata memory metadata = JBRulesetMetadata({
reservedRate: 1000, // 10% reserved
cashOutTaxRate: 0, // No cash out tax
baseCurrency: uint32(uint160(JBConstants.NATIVE_TOKEN)),
pausePay: false,
pauseCashOut: false,
pauseTransfers: false,
allowOwnerMinting: false,
allowTerminalMigration: false,
allowSetTerminals: false,
allowSetController: false,
allowAddAccountingContexts: false,
allowAddPriceFeed: false,
ownerMustSendPayouts: false,
holdFees: false,
useTotalSurplusForCashOuts: false,
useDataHookForPay: false,
useDataHookForCashOut: false,
dataHook: address(0),
metadata: 0
});
JBRulesetConfig memory config = JBRulesetConfig({
mustStartAtOrAfter: 0,
duration: 0, // Indefinite
weight: 1e18, // 1 token per unit
weightCutPercent: 0,
approvalHook: IJBRulesetApprovalHook(address(0)),
metadata: metadata,
splitGroups: new JBSplitGroup[](0),
fundAccessLimitGroups: new JBFundAccessLimitGroup[](0)
});
Weekly Cycles with Weight Cut
JBRulesetConfig memory config = JBRulesetConfig({
mustStartAtOrAfter: 0,
duration: 7 days, // 1 week cycles
weight: 1000e18, // Start at 1000 tokens/ETH
weightCutPercent: 50000000, // 5% weight cut per cycle (50000000 / 1e9)
approvalHook: IJBRulesetApprovalHook(address(0)),
metadata: metadata,
splitGroups: splitGroups,
fundAccessLimitGroups: fundAccessLimits
});
With Approval Hook (3-Day Delay)
// JBDeadline requires 3 days notice for ruleset changes
IJBRulesetApprovalHook approvalHook = IJBRulesetApprovalHook(JB_DEADLINE);
JBRulesetConfig memory config = JBRulesetConfig({
mustStartAtOrAfter: 0,
duration: 30 days,
weight: 1e18,
weightCutPercent: 0,
approvalHook: approvalHook, // Requires advance notice
metadata: metadata,
splitGroups: splitGroups,
fundAccessLimitGroups: fundAccessLimits
});
With Data Hook
JBRulesetMetadata memory metadata = JBRulesetMetadata({
// ... other fields
useDataHookForPay: true,
useDataHookForCashOut: false,
dataHook: address(myBuybackHook),
// ...
});
Splits Configuration
Payout Splits
Distribute funds when payouts are triggered:
JBSplit[] memory payoutSplits = new JBSplit[](2);
// 50% to treasury
payoutSplits[0] = JBSplit({
preferAddToBalance: false,
percent: 500_000_000, // 50% (out of 1e9)
projectId: 0, // Not a project
beneficiary: payable(treasuryAddress),
lockedUntil: 0,
hook: IJBSplitHook(address(0))
});
// 50% to another project
payoutSplits[1] = JBSplit({
preferAddToBalance: true, // Add to balance, not pay
percent: 500_000_000,
projectId: otherProjectId,
beneficiary: payable(address(0)),
lockedUntil: 0,
hook: IJBSplitHook(address(0))
});
JBSplitGroup[] memory splitGroups = new JBSplitGroup[](1);
splitGroups[0] = JBSplitGroup({
groupId: 1, // Payout splits group
splits: payoutSplits
});
Reserved Token Splits
Distribute reserved tokens:
JBSplit[] memory reservedSplits = new JBSplit[](1);
reservedSplits[0] = JBSplit({
preferAddToBalance: false,
percent: 1_000_000_000, // 100%
projectId: 0,
beneficiary: payable(teamMultisig),
lockedUntil: block.timestamp + 365 days, // Locked for 1 year
hook: IJBSplitHook(address(0))
});
splitGroups[1] = JBSplitGroup({
groupId: 2, // Reserved tokens group
splits: reservedSplits
});
Fund Access Limits
Set payout limits and surplus allowance:
JBCurrencyAmount[] memory payoutLimits = new JBCurrencyAmount[](1);
payoutLimits[0] = JBCurrencyAmount({
amount: 10 ether,
currency: uint32(uint160(JBConstants.NATIVE_TOKEN))
});
JBCurrencyAmount[] memory surplusAllowances = new JBCurrencyAmount[](1);
surplusAllowances[0] = JBCurrencyAmount({
amount: 0, // No discretionary access
currency: uint32(uint160(JBConstants.NATIVE_TOKEN))
});
JBFundAccessLimitGroup[] memory fundAccessLimits = new JBFundAccessLimitGroup[](1);
fundAccessLimits[0] = JBFundAccessLimitGroup({
terminal: address(TERMINAL),
token: JBConstants.NATIVE_TOKEN,
payoutLimits: payoutLimits,
surplusAllowances: surplusAllowances
});
Queue Script Example
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;
import {Script} from "forge-std/Script.sol";
import {IJBController} from "@bananapus/core/src/interfaces/IJBController.sol";
// ... other imports
contract QueueRuleset is Script {
IJBController constant CONTROLLER = IJBController(0x...);
uint256 constant PROJECT_ID = 1;
function run() external {
vm.startBroadcast();
// Build ruleset config...
JBRulesetConfig[] memory configs = new JBRulesetConfig[](1);
configs[0] = /* config */;
CONTROLLER.queueRulesetsOf(PROJECT_ID, configs, "Update ruleset");
vm.stopBroadcast();
}
}
Generation Guidelines
- Understand current ruleset - check existing parameters before changes
- Consider timing - rulesets activate when current one ends
- Use approval hooks for governance-controlled projects
- Configure appropriate limits - payout limits prevent rug pulls
- Lock critical splits with
lockedUntiltimestamp
Example Prompts
- "Queue a ruleset that increases reserved rate to 20%"
- "Set up monthly payout cycles of 5 ETH max"
- "Add a 3-day approval delay for ruleset changes"
- "Configure splits to send 30% to a DAO treasury"
Reference
- nana-core-v5: https://github.com/Bananapus/nana-core-v5