BRC-007: Reimbursement for Bunni Engineering Unit (BEU) for Cyfrin Audit Payment (July)

Summary

This proposal requests reimbursement of 2.84083 ETH to the Bunni Engineering Unit (BEU) for the upfront payment made for the third audit conducted by Cyfrin, covering enhancements to the Bunni protocol. The audit, spanning 2 engineer days, will start July 11, 2025, reviewing the use of Bunni hooklets for overriding the swap fee of a pool before a swap.

Background

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

• Fee Override: Enables efficient fees management.

The payment was made via transaction: Etherscan.

Proposal

Reimburse the BEU for the Cyfrin audit cost:

• Audit Cost: 2.84083 ETH.
• Funding Source: Timeless DAO Safe treasury.
• Payment Method: ETH to BEU’s operational wallet.

Implementation

Upon approval:

• Transfer 2.840830627310641 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: 2.84083 ETH
• Funding Source: Timeless DAO Safe treasury.

Next Steps

1. Community Feedback: Collect input from DAO members for 4 days starting July 7, 2025.
2. Snapshot Vote: Initiate a 3-day vote on Snapshot starting July 11, 2025, 1pm UTC.
3. Execution: If approved, process the reimbursement by July 14, 2025.

Conclusion

Reimbursing the BEU with 2.84083 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.