TechFlow reports, according to the Snapshot governance page, that the NFT lending protocol JPEG'd community has initiated a proposal vote on using treasury funds for airdrop mining. The proposal would allow the project team to allocate a portion of treasury funds toward airdrop mining campaigns—such as on Eigenlayer or Blast—and permits up to 50% of the treasury's ETH to be used in such airdrop mining strategies.
Previously, JPEG'd had managed its treasury funds in a highly risk-averse manner, with its ETH holdings staked via Lido, used for Prisma mining, or deposited into Liquity.
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