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Gearbox · closed proposal

[ GIP- 244 ] Payment for provision of security audit service

0xaBDB…5c0F·ended 1y ago·Discussion ↗·LOW RISK
Voters
16
GEAR voted
283.89M
Token price

AI summary

This proposal requests $14,000 from the Gearbox DAO treasury to pay for a security audit conducted by Decurity. The total cost of the audit was $25,000, but $11,000 from previous audit budgets is available. This supplemental budget will cover the remaining balance for the audit, which has already been completed and delivered.

Impact

If passed, the DAO will pay Decurity $14,000 for their security audit services, ensuring the protocol's recent smart contract updates have been reviewed. This benefits the protocol's security posture and the auditors, while reducing the DAO's treasury by the specified amount.

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Voting results

Quorum
283.89M / 200.00M GEAR(142%)
✓ Quorum met
For283.89M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
283.89M GEAR · 16 votersblock 22787315

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Full proposal

Original markdown · Gearbox

Summary

This proposal aims to request a supplemental budget from the DAO in size of $14,000 USD, in order to complete the payment for the Decurity audit conducted for Gearbox Protocol. The audit has been delivered and the total cost is $25,000 USD. Around $11,000 from previously approved audit funding remains unspent and will be applied toward the payment.

Scope

The audit covered recent smart contract updates for the Gearbox Protocol. The exact scope and technical coordination were handled by SC Dev contributors. The audit has been completed and the final invoice issued by Decurity.

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