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Nexus Mutual DAONexus Mutual DAOby0xac3A50d6A6505957DAdC761F90F1dA04CD9921Ac0xac3A…21Ac

Should we consider Hats.Finance - Decentralized Cybersecurity Incentive Network?

Voting ended over 4 years agoSucceeded

Hats is a decentralized cybersecurity incentive network. Governed by its community stakeholders - Hackers, Projects, and Token holders — to incentivize protocol security and responsible disclosure.

NXM will be one of the first Hat incentive vaults providing active protection to Nexus Mutual. This incentivizes vulnerability disclosure for NXM smart contracts while farming rewards in the form of hats tokens.

We are creating an incentive mechanism, complimentary to Nexus Mutual, that utilizes the development culture of Ethereum to help secure it.

Hats.Finance would require the following as support from the Nexus team

-Assign a committee to look through disclosure reports in addition we will be happy to get:

Deposit NXM in the hats NXM pool

Propose a boost in NXM tokens for NXM covered pool bounties

Marketing and communication help

Hats V1 is planned to be released by the end of May.

We don’t need a budget just for NXM to participate in the protocol

Forum Post: https://forum.nexusmutual.io/t/hats-finance-decentralized-cybersecurity-incentive-network-proposal/523

Off-Chain Vote

Yes
114.63K 96.5%
No
4.1K 3.5%
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Timeline

May 18, 2021Proposal created
May 18, 2021Proposal vote started
May 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated