A Juicebox funding target is the total amount of ETH a project creator seeks to raise for a project. When a project raises more than this target, investors can redeem the project's token for a percentage of the overflow.

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University of Chicago

The Juicebox protocol creates a treasury for a project and operates on funding cycles, which are often two weeks in duration. These funding cycles act as fundraisers designed to cover the cost of decentralized autonomous organization (DAO) operations for that period. This includes worker payouts and other essential operational spending. Within these funding cycles, a project creator can customize other specific parameters of the protocol.

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