The MetaMask Grants DAO has approved a sub-DAO specifically for Snaps with a budget of 70k USDC per quarter. As part of our Open Beta, the Snaps team wishes to use this sub-DAO to cover the audit costs for teams joining our allowlist. A snap must meet the following criteria to be on the allowlist:
These audits can range from $1k to $30k or more and for some teams this cost can be onerous. If a Snap has a use case that we consider strategic (interoperability, security, communication, etc.) then it is in our best interest to help that Snap be part of our allowlist.
This proposal is for the Tezoro Snap Category: Security
Tezoro is part of the Consensys Fellowship Program: https://consensys.io/blog/introducing-the-first-cohort-of-the-consensys-fellowship-program-for-web3
They offer a smart contract solution to recover your crypto in case of lost access to your wallet or unforeseen circumstances.
Grant request: 12k USDC to cover the cost of the audit.