On December 15, the decentralized autonomous organization ConstitutionDAO announced that it would permanently abandon the ownership of ConstitutionDAO.
ConstitutionDAO multi-signature will execute the “renounce Ownership” of the Juicebox smart contract. Thereby permanently destroying the multi-signature access authority. After giving up ownership, the ConstitutionDAO core team and the multi-signer will no longer have any power or control over the contract in any way. This means that the funds and tokens in Juicebox will remain there indefinitely and can never be manipulated.
ConstitutionDAO will “give up ownership” from 20:00 on Friday, December 17, 2021, to December 20, 2021. The Discord server will be shut down before 20:00 Eastern Time on December 21, 2021. A formal announcement will be issued regarding this incident in the future.