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# Continuous Security Proposal Aave <> Certora

0x57ab…2922·ended 57y ago·MEDIUM RISK
Voters
13
AAVE voted
532809934882628.31B
≈$33220699439931876.00B
Token price
$62.35

AI summary

This proposal seeks to extend Aave's partnership with Certora for another year to provide continuous security services. Certora, a blockchain security firm, will continue to perform formal verification and manual reviews of Aave's smart contracts, which are self-executing agreements on the blockchain. Additionally, they will introduce new services, including reviewing every governance proposal before it goes live on the blockchain and assisting with bug bounties. The goal is to enhance the security and reliability of the Aave protocol.

Impact

If passed, Aave will pay Certora $1.5 million for one year of security services, aiming to prevent future bugs and vulnerabilities. This benefits Aave users by increasing protocol safety, and Certora benefits financially. The impact on token holders is a direct treasury expenditure.

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Voting results

For532809934882628.31B (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
532809934882628.31B AAVE · ≈$33220699439931876.00B · 13 votersblock 2023-12-15T08:29:23Z

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Full proposal

Original markdown · Aave

Continuous Security Proposal Aave <> Certora


title: "Continuous Security Proposal Aave <> Certora" author: "@Shelly - Certora, Powered by ACI Skywards and @bgdlabs" discussions: "https://governance.aave.com/t/arfc-continuous-security-proposal-aave-certora/15732"

Simple Summary

We offer to extend the existing formal verification and manual review services and provide additional security services:

  1. Governance proposal reviews - Review every governance proposa…

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