Summary

This proposal requests reimbursement of 4.74743 ETH to the Bunni Engineering Unit (BEU) for the upfront payment made for the fourth audit conducted by Cyfrin, covering enhancements to the Bunni protocol. The audit, spanning 2 engineer days, started August 11, 2025, reviewing the curated LDF feature.

Background

The BEU funded the Cyfrin audit to ensure the security and reliability of the updated Bunni protocol features:

• Curated LDF Management: Facilitates efficient post-deployment management of Liquidity Density Functions (LDFs). Authorized curators can dynamically update LDF parameters to optimize liquidity distribution and adapt to changing market conditions.
• The payment was made via transaction: https://etherscan.io/tx/0xe1b50e0b6b5528b34ceb63faa2ccc3d3a3d4391a677d1db22fb09d3fe33a44fa.

Proposal

Reimburse the BEU for the Cyfrin audit cost:

• Audit Cost: 4.74743 ETH.
• Funding Source: Timeless DAO Safe treasury.
• Payment Method: ETH to BEU’s operational wallet.

Implementation

Upon approval:

• Transfer 4.747425778186863 ETH from the Timeless DAO Safe treasury to the BEU’s operational wallet.
• BEU will confirm receipt and provide a summary of audit findings to the DAO.

Budget

• Total Reimbursement: 4.74743 ETH
• Funding Source: Timeless DAO Safe treasury

Next Steps

• Community Feedback: Collect input from DAO members for 4 days starting August 13, 2025.
• Snapshot Vote: Initiate a 3-day vote on Snapshot starting August 17, 2025, 3pm UTC.
• Execution: If approved, process the reimbursement by August 20, 2025.

Conclusion

Reimbursing the BEU with 4.74743 ETH for the Cyfrin audit ensures continued trust in the Bunni protocol’s security and supports the engineering unit’s proactive efforts. This proposal aligns with the DAO’s commitment to robust security and financial accountability.