[1IP-102] Aqua/SwapVM License for 1inchDAO & Security Audit Funding
AI summary
This proposal asks the 1inch DAO to approve $1,201,000 from its treasury for security audits of the Aqua and SwapVM technologies, which are core to the 1inch Network's future. This funding covers past audits for version 1.0, and future audits for versions 1.5 and 2.0. It also includes a discounted annual retainer with OpenZeppelin for network-wide security services in 2026. Additionally, the proposal formally confirms the DAO's rights to use the Aqua Source License 1.1.
If passed, the 1inch DAO will spend $1,201,000 from its treasury to ensure the security of critical network infrastructure. This benefits all users by making the 1inch Network more secure, and it reimburses Degensoft Ltd for audit costs they advanced. No one directly loses, but the treasury's funds will decrease by this amount.
Voting results
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🐳 Whale votes
3 votes > 5% VPFull proposal
Simple Summary
This proposal requests $1,201,000 from the DAO Treasury for 1inch Network security audits covering Aqua/SwapVM versions 1.0, 1.5, and 2.0, plus the discounted OpenZeppelin annual retainer, while formally confirming the DAO's irrevocable operational rights under the Aqua Source License 1.1.
Abstract
This proposal requests $1,201,000 from the DAO Treasury to fund the 1inch Network's security audit program across two areas:
- Aqua & SwapVM Audits ($721,000): Covers completed v1.0 audits advanced by Degensoft and upcoming v1.5 and v2.0 upgrades.
- **OpenZeppelin Retain…