Jb Patterns

Juicebox V5 Design Patterns

Proven patterns for common use cases using native Juicebox mechanics. Always prefer configuration over custom contracts.

Golden Rule

Before writing custom code, ask: "Can this be achieved with payout limits, surplus allowance, splits, and cycling rulesets?"

Pattern 1: Vesting via Native Mechanics

Use case: Release funds to a beneficiary over time (e.g., team vesting, milestone-based releases)

Solution: Use cycling rulesets with payout limits

How It Works

Configuration

JBRulesetConfig({
    duration: 30 days,                    // Monthly cycles
    // ... other config
    fundAccessLimitGroups: [
        JBFundAccessLimitGroup({
            terminal: address(TERMINAL),
            token: JBConstants.NATIVE_TOKEN,
            payoutLimits: [
                JBCurrencyAmount({
                    amount: 6.67 ether,   // Monthly vesting amount
                    currency: nativeCurrency
                })
            ],
            surplusAllowances: [
                JBCurrencyAmount({
                    amount: 20 ether,     // One-time treasury (doesn't reset)
                    currency: nativeCurrency
                })
            ]
        })
    ]
});

Capital Flow

Month 0: Balance = 100 ETH
         Surplus = Balance - Payout Limit = 93.33 ETH (redeemable)

Month 1: Team calls sendPayoutsOf() → receives 6.67 ETH
         Balance = 93.33 ETH
         Surplus = 86.67 ETH

Month 12: All vested, Balance = 20 ETH (treasury allowance)

Key Insight

• Payout limits protect vesting funds from redemption
• Surplus = unvested funds available for token holder cash outs
• No custom contracts needed

Pattern 2: NFT-Gated Treasury

Use case: Sell NFTs, allow holders to redeem against treasury surplus

Solution: Use nana-721-hook-v5 with native cash outs

Configuration

1. Deploy project with JB721TiersHookProjectDeployer
2. Configure 721 hook as data hook for pay AND cash out
3. Set cashOutTaxRate: 0 for full redemption value

JBRulesetMetadata({
    cashOutTaxRate: 0,              // Full redemption
    useDataHookForPay: true,        // 721 hook mints NFTs
    useDataHookForCashOut: true,    // 721 hook handles burns
    dataHook: address(0),           // Set by deployer
    // ...
});

How Cash Outs Work

1. User calls cashOutTokensOf() on terminal
2. 721 hook intercepts, calculates: (NFT price / total prices) × surplus
3. NFT is burned, ETH sent to user

No custom cash out hook needed - the 721 hook handles everything.

Pattern 3: Governance-Minimal Treasury

Use case: Immutable treasury with no admin controls

Solution: Transfer ownership to burn address after setup

Configuration

// 1. Deploy project with restrictive metadata
JBRulesetMetadata({
    allowOwnerMinting: false,
    allowTerminalMigration: false,
    allowSetTerminals: false,
    allowSetController: false,
    allowAddAccountingContext: false,
    allowAddPriceFeed: false,
    // ...
});

// 2. After deployment, burn ownership
PROJECTS.transferFrom(deployer, 0x000000000000000000000000000000000000dEaD, projectId);

What This Achieves

• No one can change rulesets
• No one can add/remove terminals
• No one can mint tokens arbitrarily
• Payouts/cash outs work as configured forever

Pattern 4: Split Recipients Without Custom Hooks

Use case: Distribute payouts to multiple addresses

Solution: Use native splits with direct beneficiaries

Configuration

JBSplit[] memory splits = new JBSplit[](3);

splits[0] = JBSplit({
    percent: 500_000_000,           // 50%
    beneficiary: payable(team1),
    projectId: 0,
    hook: IJBSplitHook(address(0)), // No hook needed!
    // ...
});

splits[1] = JBSplit({
    percent: 300_000_000,           // 30%
    beneficiary: payable(team2),
    // ...
});

splits[2] = JBSplit({
    percent: 200_000_000,           // 20%
    beneficiary: payable(treasury),
    // ...
});

Only use split hooks when you need custom logic (e.g., swapping tokens, adding to LP).

Pattern 5: NFT + Vesting Combined

Use case: Sell NFTs with funds vesting to team over time, holders can exit by burning

Solution: Combine patterns 1 + 2

Architecture

┌─────────────────────────────────────────────────┐
│  JB Project with 721 Hook                       │
│                                                 │
│  • NFT tier: 100 supply, 1 ETH each            │
│  • Payout limit: 6.67 ETH/month (vesting)      │
│  • Surplus allowance: 20 ETH (treasury)        │
│  • Cash out tax: 0%                            │
│  • Owner: burn address                         │
│                                                 │
│  Treasury Flow:                                │
│  ├── Month 0: 80 ETH surplus (all unvested)   │
│  ├── Month 6: 40 ETH surplus                  │
│  └── Month 12: 0 ETH surplus (fully vested)   │
│                                                 │
│  NFT Holder: Can burn anytime for pro-rata    │
│              share of current surplus          │
└─────────────────────────────────────────────────┘

Complete Example

See the Drip x Juicebox deployment script for a full implementation:

• 100 NFTs at 1 ETH each
• 20 ETH immediate treasury (surplus allowance)
• 80 ETH vests over 12 months (payout limits)
• NFT holders can burn to exit at any time
• Zero custom contracts

Pattern 6: Custom NFT Content via Resolver

Use case: NFT project with custom artwork, composable assets, or dynamic metadata while using 721-hook off-the-shelf

Solution: Implement IJB721TokenUriResolver for custom content, use standard 721-hook for treasury mechanics

Why This Pattern?

The 721-hook handles all the hard stuff:

• Payment processing and tier selection
• Token minting and supply tracking
• Cash out weight calculations
• Reserved token mechanics

You only need custom code for content generation (artwork, metadata, composability).

Architecture

┌─────────────────────────────────────────────────────────────┐
│  Standard 721-Hook (off-the-shelf)                          │
│  ├── Handles payments, minting, cash outs                   │
│  ├── Manages tier supply and pricing                        │
│  └── Calls tokenUriResolver.tokenUriOf() for metadata       │
│                           │                                 │
│                           ▼                                 │
│  ┌─────────────────────────────────────────────────────┐   │
│  │  Custom TokenUriResolver (your code)                │   │
│  │  ├── Implements IJB721TokenUriResolver              │   │
│  │  ├── tokenUriOf() → dynamic SVG/metadata            │   │
│  │  └── Custom behaviors (composability, decoration)   │   │
│  └─────────────────────────────────────────────────────┘   │
└─────────────────────────────────────────────────────────────┘

Interface

interface IJB721TokenUriResolver {
    /// @notice Get the token URI for a given token.
    /// @param hook The 721 hook address.
    /// @param tokenId The token ID.
    /// @return The token URI (typically base64-encoded JSON with SVG).
    function tokenUriOf(address hook, uint256 tokenId)
        external view returns (string memory);
}

Basic Resolver Implementation

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {IJB721TokenUriResolver} from "@bananapus/721-hook/src/interfaces/IJB721TokenUriResolver.sol";
import {IJB721TiersHook} from "@bananapus/721-hook/src/interfaces/IJB721TiersHook.sol";

contract CustomTokenUriResolver is IJB721TokenUriResolver {
    /// @notice Generate token URI with custom artwork/metadata.
    function tokenUriOf(address hook, uint256 tokenId)
        external view override returns (string memory)
    {
        // Get tier info from the hook
        IJB721TiersHook tiersHook = IJB721TiersHook(hook);
        uint256 tierId = tiersHook.tierIdOfToken(tokenId);

        // Generate your custom metadata/artwork
        string memory name = _getNameForTier(tierId);
        string memory svg = _generateSvgForToken(tokenId, tierId);

        // Return base64-encoded JSON
        return string(abi.encodePacked(
            "data:application/json;base64,",
            Base64.encode(bytes(abi.encodePacked(
                '{"name":"', name, '",',
                '"image":"data:image/svg+xml;base64,', Base64.encode(bytes(svg)), '"}'
            )))
        ));
    }

    function _getNameForTier(uint256 tierId) internal view returns (string memory) {
        // Your tier naming logic
    }

    function _generateSvgForToken(uint256 tokenId, uint256 tierId) internal view returns (string memory) {
        // Your SVG generation logic
    }
}

Advanced: Composable NFTs (Banny Pattern)

For composable NFTs where items can be attached to base tokens:

contract ComposableTokenUriResolver is IJB721TokenUriResolver {
    // Track which items are attached to which base tokens
    mapping(address hook => mapping(uint256 baseTokenId => uint256[])) public attachedItems;

    // Prevent changes for a duration (e.g., 7 days)
    mapping(address hook => mapping(uint256 tokenId => uint256)) public lockedUntil;

    /// @notice Attach items to a base token.
    function decorateWith(
        address hook,
        uint256 baseTokenId,
        uint256[] calldata itemIds
    ) external {
        // Verify caller owns both base token and items
        require(IJB721TiersHook(hook).ownerOf(baseTokenId) == msg.sender);
        require(lockedUntil[hook][baseTokenId] < block.timestamp, "LOCKED");

        for (uint256 i; i < itemIds.length; i++) {
            require(IJB721TiersHook(hook).ownerOf(itemIds[i]) == msg.sender);
            // Transfer item to this contract (escrow while attached)
            IJB721TiersHook(hook).transferFrom(msg.sender, address(this), itemIds[i]);
        }

        attachedItems[hook][baseTokenId] = itemIds;
    }

    /// @notice Lock outfit changes for 7 days.
    function lockChangesFor(address hook, uint256 baseTokenId) external {
        require(IJB721TiersHook(hook).ownerOf(baseTokenId) == msg.sender);
        lockedUntil[hook][baseTokenId] = block.timestamp + 7 days;
    }

    /// @notice Generate composite SVG from base + attached items.
    function tokenUriOf(address hook, uint256 tokenId) external view override returns (string memory) {
        uint256[] memory items = attachedItems[hook][tokenId];

        // Generate layered SVG combining base + all attached items
        string memory svg = _generateCompositeSvg(hook, tokenId, items);

        return _encodeAsDataUri(svg);
    }
}

Deployment Integration

// 1. Deploy your custom resolver
CustomTokenUriResolver resolver = new CustomTokenUriResolver();

// 2. Configure 721 hook with resolver
REVDeploy721TiersHookConfig memory hookConfig = REVDeploy721TiersHookConfig({
    baseline721HookConfiguration: JBDeploy721TiersHookConfig({
        // ... tier configs
        tokenUriResolver: IJB721TokenUriResolver(address(resolver)),
        // ...
    }),
    // ...
});

// 3. Deploy project/revnet with hook config
deployer.deployWith721sFor(projectId, hookConfig, ...);

When to Use This Pattern

Reference Implementation

banny-retail-v5: https://github.com/mejango/banny-retail-v5

• Banny721TokenUriResolver.sol - Composable SVG NFTs with outfit decoration
• Deploy.s.sol - Deployment with custom resolver
• Drop1.s.sol - Adding tiers with custom categories

Key features demonstrated:

• On-chain SVG storage with hash verification
• Composable outfits (attach items to base Banny)
• Outfit locking (7-day freeze)
• Category-based slot system
• Multi-chain deployment via Revnet

Pattern 7: Prediction Games with Dynamic Cash Out Weights

Use case: Games where outcomes determine payout distribution (prediction markets, fantasy sports, competitions)

Solution: Extend 721-hook with custom delegate, use on-chain governance for outcome resolution

Why This Pattern Requires Extending 721-Hook

Unlike Pattern 6 (resolver-only), prediction games need to change core treasury mechanics:

Architecture

┌─────────────────────────────────────────────────────────────┐
│  Game Lifecycle (via Juicebox Rulesets)                     │
│                                                             │
│  COUNTDOWN → MINT → REFUND → SCORING → COMPLETE             │
│      │         │       │        │          │                │
│      │    Players   Early    Holders    Winners             │
│      │    mint      exit     vote on    cash out            │
│      │    NFTs      OK       scorecard  winnings            │
│                                                             │
├─────────────────────────────────────────────────────────────┤
│  Custom Delegate (extends JB721Hook)                        │
│  ├── Tracks first owners (for fair reward distribution)     │
│  ├── Phase-aware cash out logic                             │
│  ├── Dynamic tier weights (set by governor)                 │
│  └── Enforces phase restrictions                            │
│                                                             │
├─────────────────────────────────────────────────────────────┤
│  Governor Contract                                          │
│  ├── NFT holders propose scorecards                         │
│  ├── Tier-weighted voting (own 25% of tier = 25% of votes)  │
│  ├── 50% quorum required for ratification                   │
│  └── Ratification sets tier cash out weights                │
└─────────────────────────────────────────────────────────────┘

Game Phases

enum DefifaGamePhase {
    COUNTDOWN,           // Game announced, no minting yet
    MINT,                // Players can mint NFTs (pick teams)
    REFUND,              // Early exit window (get mint cost back)
    SCORING,             // Game over, holders vote on scorecard
    COMPLETE,            // Scorecard ratified, winners cash out
    NO_CONTEST_INEVITABLE, // Not enough participation
    NO_CONTEST           // Game cancelled, full refunds
}

Dynamic Cash Out Weights

Standard 721-hook: cashOutWeight = tierPrice (fixed)

Defifa pattern: cashOutWeight = scorecardWeight[tierId] (dynamic)

// Total weight is 1e18 (100%), distributed among tiers by scorecard
uint256 constant TOTAL_CASH_OUT_WEIGHT = 1e18;

struct DefifaTierCashOutWeight {
    uint256 id;           // Tier ID
    uint256 cashOutWeight; // Share of total (e.g., 0.5e18 = 50%)
}

// Example: 4-team tournament, Team A wins
// Team A: 1e18 (100% of pot)
// Team B: 0
// Team C: 0
// Team D: 0

// Example: Fantasy league with scoring
// Team A (1st): 0.5e18 (50%)
// Team B (2nd): 0.3e18 (30%)
// Team C (3rd): 0.15e18 (15%)
// Team D (4th): 0.05e18 (5%)

First Owner Tracking

Critical for fair games - rewards go to original minters, not secondary buyers:

// Track who first minted each token
mapping(uint256 tokenId => address) public firstOwnerOf;

// In _processPayment():
firstOwnerOf[tokenId] = beneficiary;

// In cash out calculation:
// Only firstOwnerOf[tokenId] receives the full reward
// Current owner can transfer, but original minter gets payout

Governor Voting

// Attestation power = share of tier tokens you own
// If you own 25 of 100 tokens in Tier 1, you have 25% of Tier 1's voting power

function attestToScorecardFrom(
    address attester,
    DefifaScorecard calldata scorecard
) external {
    // Verify attester hasn't already voted
    // Add attester's voting power to scorecard
    // If quorum reached, scorecard can be ratified
}

function ratifyScorecard(DefifaScorecard calldata scorecard) external {
    // Verify scorecard has 50% attestation across all minted tiers
    // Set tier cash out weights on delegate
    // Game moves to COMPLETE phase
}

When to Use This Pattern

Key Implementation Considerations

1. Phase transitions via rulesets: Use ruleset durations to enforce timing
2. Refund window: Allow early exit before outcomes are known
3. Quorum design: Too high = deadlock, too low = manipulation
4. First-owner vs current-owner: Decide who receives rewards
5. No-contest handling: What if not enough participation?

Reference Implementation

defifa-collection-deployer-v5: https://github.com/BallKidz/defifa-collection-deployer-v5

Key contracts:

• DefifaDelegate.sol - Extends JB721Hook with phase logic and dynamic weights
• DefifaGovernor.sol - On-chain voting for scorecard ratification
• DefifaDeployer.sol - Factory for launching games
• DefifaTokenUriResolver.sol - Dynamic metadata showing pot share

Features demonstrated:

• Phase-based game lifecycle
• Tier-weighted governance voting
• Dynamic cash out weight redistribution
• First-owner tracking for fair rewards
• No-contest handling for failed games

Pattern 8: Custom ERC20 Project Tokens

Use case: Projects requiring custom tokenomics beyond standard mint/burn mechanics

Solution: Implement IJBToken interface and use setTokenFor() instead of deployERC20For()

Why This Pattern?

Default Juicebox tokens (credits or JBERC20) work for most projects, but some use cases require custom token logic:

Architecture

┌─────────────────────────────────────────────────────────────┐
│  Juicebox Protocol (unchanged)                              │
│  ├── JBController calls mint/burn on token                  │
│  ├── JBTokens tracks credits + token supply                 │
│  └── JBMultiTerminal handles payments/cash outs             │
│                           │                                 │
│                           ▼                                 │
│  ┌─────────────────────────────────────────────────────┐   │
│  │  Custom ERC20 Token (your code)                     │   │
│  │  ├── Implements IJBToken interface                  │   │
│  │  ├── Authorizes JBController for mint/burn          │   │
│  │  ├── Uses 18 decimals (REQUIRED)                    │   │
│  │  └── Custom logic: taxes, rebasing, governance, etc │   │
│  └─────────────────────────────────────────────────────┘   │
└─────────────────────────────────────────────────────────────┘

Interface Requirements

interface IJBToken is IERC20 {
    /// @notice Must return true for the target project ID
    function canBeAddedTo(uint256 projectId) external view returns (bool);

    /// @notice Called by JBController when payments are received
    function mint(address holder, uint256 amount) external;

    /// @notice Called by JBController when tokens are cashed out
    function burn(address holder, uint256 amount) external;
}

Example: Transfer Tax Token

Revenue-generating token that collects fees on every transfer:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";

contract TaxedProjectToken is ERC20 {
    uint256 public constant TAX_BPS = 100; // 1%
    address public immutable controller;
    address public immutable treasury;
    uint256 public immutable projectId;

    constructor(
        string memory name,
        string memory symbol,
        address _controller,
        uint256 _projectId,
        address _treasury
    ) ERC20(name, symbol) {
        controller = _controller;
        projectId = _projectId;
        treasury = _treasury;
    }

    function decimals() public pure override returns (uint8) { return 18; }

    function canBeAddedTo(uint256 _projectId) external view returns (bool) {
        return _projectId == projectId;
    }

    function mint(address to, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _mint(to, amount);
    }

    function burn(address from, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _burn(from, amount);
    }

    function _update(address from, address to, uint256 amount) internal override {
        // No tax on mints, burns, or controller operations
        if (from == address(0) || to == address(0) || msg.sender == controller) {
            super._update(from, to, amount);
            return;
        }

        // Apply transfer tax
        uint256 tax = (amount * TAX_BPS) / 10000;
        super._update(from, treasury, tax);
        super._update(from, to, amount - tax);
    }
}

Deployment:

// 1. Deploy custom token (before or after project creation)
TaxedProjectToken token = new TaxedProjectToken(
    "Taxed Token",
    "TAX",
    address(CONTROLLER),
    projectId,
    treasuryAddress
);

// 2. Set as project token (requires SET_TOKEN permission)
CONTROLLER.setTokenFor(projectId, IJBToken(address(token)));

Example: Governance Token with Voting

Enable on-chain governance while maintaining treasury mechanics:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {ERC20Votes, ERC20} from "@openzeppelin/contracts/token/ERC20/extensions/ERC20Votes.sol";
import {EIP712} from "@openzeppelin/contracts/utils/cryptography/EIP712.sol";
import {Nonces} from "@openzeppelin/contracts/utils/Nonces.sol";

contract GovernanceProjectToken is ERC20Votes {
    address public immutable controller;
    uint256 public immutable projectId;

    constructor(
        string memory name,
        string memory symbol,
        address _controller,
        uint256 _projectId
    ) ERC20(name, symbol) EIP712(name, "1") {
        controller = _controller;
        projectId = _projectId;
    }

    function decimals() public pure override returns (uint8) { return 18; }

    function canBeAddedTo(uint256 _projectId) external view returns (bool) {
        return _projectId == projectId;
    }

    function mint(address to, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _mint(to, amount);
    }

    function burn(address from, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _burn(from, amount);
    }

    // Inherits: delegate(), delegateBySig(), getVotes(), getPastVotes(), etc.
}

Usage with Governor:

// Deploy governor that uses token's voting power
GovernorBravo governor = new GovernorBravo(
    GovernanceProjectToken(token),
    timelockAddress,
    votingDelay,
    votingPeriod,
    proposalThreshold
);

// Token holders delegate and vote
token.delegate(voterAddress);  // Self-delegate to activate voting
governor.propose(...);
governor.castVote(proposalId, support);

Example: Editable Name/Symbol Token

Allow project owners to rebrand without deploying a new token:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
import {IJBProjects} from "@bananapus/core/src/interfaces/IJBProjects.sol";

contract EditableProjectToken is ERC20 {
    IJBProjects public immutable PROJECTS;
    address public immutable controller;
    uint256 public immutable projectId;

    string private _tokenName;
    string private _tokenSymbol;

    event NameUpdated(string oldName, string newName);
    event SymbolUpdated(string oldSymbol, string newSymbol);

    constructor(
        string memory initialName,
        string memory initialSymbol,
        address _controller,
        uint256 _projectId,
        IJBProjects projects
    ) ERC20(initialName, initialSymbol) {
        _tokenName = initialName;
        _tokenSymbol = initialSymbol;
        controller = _controller;
        projectId = _projectId;
        PROJECTS = projects;
    }

    modifier onlyProjectOwner() {
        require(msg.sender == PROJECTS.ownerOf(projectId), "NOT_OWNER");
        _;
    }

    function name() public view override returns (string memory) {
        return _tokenName;
    }

    function symbol() public view override returns (string memory) {
        return _tokenSymbol;
    }

    function decimals() public pure override returns (uint8) { return 18; }

    function canBeAddedTo(uint256 _projectId) external view returns (bool) {
        return _projectId == projectId;
    }

    function mint(address to, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _mint(to, amount);
    }

    function burn(address from, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _burn(from, amount);
    }

    /// @notice Update token name. Only callable by project owner.
    function setName(string calldata newName) external onlyProjectOwner {
        emit NameUpdated(_tokenName, newName);
        _tokenName = newName;
    }

    /// @notice Update token symbol. Only callable by project owner.
    function setSymbol(string calldata newSymbol) external onlyProjectOwner {
        emit SymbolUpdated(_tokenSymbol, newSymbol);
        _tokenSymbol = newSymbol;
    }
}

Use cases:

• Project rebranding without migrating liquidity
• Seasonal/event-based name changes
• Fixing typos discovered post-launch
• Community-voted name updates

Tradeoff: Some DEXs and aggregators cache token metadata. Changes may not propagate immediately to all interfaces.

Example: Vesting Token

Enforce time-based vesting at the token level - useful for team allocations, investor locks, or contributor rewards where tokens should vest over time:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
import {IJBProjects} from "@bananapus/core/src/interfaces/IJBProjects.sol";

/// @notice Project token with per-address vesting schedules.
/// @dev Vesting restricts transfers, not minting/burning. Combined with treasury
/// vesting (payout limits), this creates layered protection.
contract VestingProjectToken is ERC20 {
    struct VestingSchedule {
        uint256 totalAmount;     // Total tokens in this schedule
        uint256 released;        // Already released/transferred
        uint40 start;            // Vesting start timestamp
        uint40 cliff;            // Cliff end timestamp (0 = no cliff)
        uint40 duration;         // Total vesting duration from start
    }

    IJBProjects public immutable PROJECTS;
    address public immutable controller;
    uint256 public immutable projectId;

    mapping(address => VestingSchedule) public vestingOf;

    event VestingScheduleSet(
        address indexed beneficiary,
        uint256 totalAmount,
        uint40 start,
        uint40 cliff,
        uint40 duration
    );

    error CliffNotReached();
    error InsufficientVestedBalance();
    error VestingAlreadyExists();

    constructor(
        string memory name,
        string memory symbol,
        address _controller,
        uint256 _projectId,
        IJBProjects projects
    ) ERC20(name, symbol) {
        controller = _controller;
        projectId = _projectId;
        PROJECTS = projects;
    }

    modifier onlyProjectOwner() {
        require(msg.sender == PROJECTS.ownerOf(projectId), "NOT_OWNER");
        _;
    }

    function decimals() public pure override returns (uint8) { return 18; }

    function canBeAddedTo(uint256 _projectId) external view returns (bool) {
        return _projectId == projectId;
    }

    function mint(address to, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _mint(to, amount);
    }

    function burn(address from, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _burn(from, amount);
    }

    /// @notice Set a vesting schedule for an address.
    /// @dev Call this AFTER minting tokens to the beneficiary.
    /// @param beneficiary Address whose tokens will vest.
    /// @param totalAmount Total tokens subject to vesting (should match balance).
    /// @param start When vesting begins (can be in the past).
    /// @param cliffDuration Seconds until cliff ends (0 for no cliff).
    /// @param vestingDuration Total seconds for full vesting from start.
    function setVestingSchedule(
        address beneficiary,
        uint256 totalAmount,
        uint40 start,
        uint40 cliffDuration,
        uint40 vestingDuration
    ) external onlyProjectOwner {
        if (vestingOf[beneficiary].totalAmount > 0) revert VestingAlreadyExists();

        vestingOf[beneficiary] = VestingSchedule({
            totalAmount: totalAmount,
            released: 0,
            start: start,
            cliff: start + cliffDuration,
            duration: vestingDuration
        });

        emit VestingScheduleSet(
            beneficiary,
            totalAmount,
            start,
            start + cliffDuration,
            vestingDuration
        );
    }

    /// @notice Calculate how many tokens have vested for an address.
    function vestedAmountOf(address account) public view returns (uint256) {
        VestingSchedule memory schedule = vestingOf[account];

        // No vesting schedule = all tokens are vested (freely transferable)
        if (schedule.totalAmount == 0) return balanceOf(account);

        // Before cliff = nothing vested
        if (block.timestamp < schedule.cliff) return 0;

        // After full duration = everything vested
        if (block.timestamp >= schedule.start + schedule.duration) {
            return schedule.totalAmount;
        }

        // Linear vesting between cliff and end
        uint256 elapsed = block.timestamp - schedule.start;
        return (schedule.totalAmount * elapsed) / schedule.duration;
    }

    /// @notice Calculate transferable (vested and unreleased) tokens.
    function transferableOf(address account) public view returns (uint256) {
        VestingSchedule memory schedule = vestingOf[account];

        // No vesting = full balance transferable
        if (schedule.totalAmount == 0) return balanceOf(account);

        uint256 vested = vestedAmountOf(account);
        uint256 locked = schedule.totalAmount > vested
            ? schedule.totalAmount - vested
            : 0;

        uint256 balance = balanceOf(account);
        return balance > locked ? balance - locked : 0;
    }

    function _update(address from, address to, uint256 amount) internal override {
        // Skip vesting checks for mints, burns, and controller operations
        if (from == address(0) || to == address(0) || msg.sender == controller) {
            super._update(from, to, amount);
            return;
        }

        VestingSchedule storage schedule = vestingOf[from];

        // No vesting schedule = normal transfer
        if (schedule.totalAmount == 0) {
            super._update(from, to, amount);
            return;
        }

        // Before cliff = no transfers allowed
        if (block.timestamp < schedule.cliff) revert CliffNotReached();

        // Check transferable amount
        uint256 transferable = transferableOf(from);
        if (amount > transferable) revert InsufficientVestedBalance();

        // Track released amount for accounting
        schedule.released += amount;

        super._update(from, to, amount);
    }
}

Key Design Decisions:

• Vesting is per-address, set by project owner after minting
• No vesting schedule = freely transferable (normal ERC20 behavior)
• Cliff period: no transfers until cliff is reached
• Linear vesting after cliff
• Controller operations (mint/burn for payments/cash outs) bypass vesting

Usage Pattern:

// 1. Deploy and set as project token
VestingProjectToken token = new VestingProjectToken(...);
CONTROLLER.setTokenFor(projectId, IJBToken(address(token)));

// 2. Team member receives tokens via payment or reserved distribution
// (tokens minted by controller - no vesting restriction on mint)

// 3. Project owner sets vesting schedule
token.setVestingSchedule(
    teamMember,
    1_000_000e18,           // 1M tokens vest
    uint40(block.timestamp), // Start now
    365 days,               // 1 year cliff
    4 * 365 days            // 4 year total vest
);

// Result:
// - Year 0-1: 0 tokens transferable (cliff)
// - Year 1: 250k tokens transferable (25% vested)
// - Year 2: 500k tokens transferable (50% vested)
// - Year 4+: All tokens transferable

Combining with Treasury Vesting:

For comprehensive protection, use both:

1. Treasury vesting (Pattern 1): Prevents premature fund withdrawal
2. Token vesting: Prevents premature token sales by recipients

When to Use Token Vesting vs Treasury Vesting:

Tradeoffs:

• Adds complexity vs standard token
• Vesting schedules are permanent once set
• Does not prevent cash outs (controller operations are exempt)
• Must set schedule after minting, not before

Example: Concentration Limited Token

Prevent any single holder from accumulating too large a share:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.23;

import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";

contract ConcentrationLimitedToken is ERC20 {
    uint256 public maxHolderBps = 200;  // 2% max per holder
    address public immutable controller;
    uint256 public immutable projectId;
    mapping(address => bool) public isExempt;

    constructor(
        string memory name,
        string memory symbol,
        address _controller,
        uint256 _projectId
    ) ERC20(name, symbol) {
        controller = _controller;
        projectId = _projectId;
        isExempt[_controller] = true;  // Controller always exempt
    }

    function decimals() public pure override returns (uint8) { return 18; }

    function canBeAddedTo(uint256 _projectId) external view returns (bool) {
        return _projectId == projectId;
    }

    function mint(address to, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _mint(to, amount);
    }

    function burn(address from, uint256 amount) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        _burn(from, amount);
    }

    function _update(address from, address to, uint256 amount) internal override {
        // Skip checks for mints, burns, and exempt addresses
        if (from == address(0) || to == address(0) || isExempt[to]) {
            super._update(from, to, amount);
            return;
        }

        // Check concentration limit
        uint256 maxBalance = (totalSupply() * maxHolderBps) / 10000;
        require(balanceOf(to) + amount <= maxBalance, "EXCEEDS_MAX_HOLDING");

        super._update(from, to, amount);
    }

    function setExempt(address account, bool exempt) external {
        require(msg.sender == controller, "UNAUTHORIZED");
        isExempt[account] = exempt;
    }
}

Use cases:

• Encourage broad token distribution
• Prevent governance centralization
• Reduce market manipulation risk

Tradeoff: Liquidity pools and the controller must be marked exempt. New holders during early high-supply periods may hit limits before supply grows.

When to Use This Pattern

Key Tradeoffs

Critical Constraints

1. 18 decimals mandatory - All Juicebox math assumes 18 decimals
2. Controller must be authorized - Mi

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