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Aave · closed proposal

# Request for Bounty Payout - December 2023

0xf71f…1e02·ended 57y ago·LOW RISK
Voters
13
AAVE voted
538152015666576.00B
≈$33553778176811012.00B
Token price
$62.35

AI summary

This proposal requests the Aave DAO to approve a total payout of 23,600 DAI from its treasury. These funds are intended for bug bounties, which are rewards paid to ethical hackers (white-hats) who identify and report security vulnerabilities in the Aave protocol. The payouts are for various bug reports submitted in December 2023, and also include a fee for the Immunefi platform, which facilitates these bug bounty programs.

Impact

If this proposal passes, 23,600 DAI will be disbursed from the Aave treasury to three white-hat hackers for their security contributions and to Immunefi for its service. This ensures that security researchers are promptly rewarded, encouraging continued efforts to secure the Aave protocol, which benefits all users by maintaining a safer platform.

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Voting results

For538152015666576.00B (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
538152015666576.00B AAVE · ≈$33553778176811012.00B · 13 votersblock 2023-12-15T09:50:35Z

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Aave

Request for Bounty Payout - December 2023


title: "Request for Bounty Payout - December 2023" author: "BGD Labs @bgdlabs" discussions: "https://governance.aave.com/t/bgd-request-for-bounty-payout-december-2023/15826"

Simple Summary

Proposal to release a grand total of 23’600 DAI, for periodic Aave <> Immunefi bounty payouts and Immunefi fee.

Motivation

As disclosed in this post, we think it is appropriate to split bug bounty payouts from disclosure and fix stages, for Low, Medium and High r…

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