Summary

This vote is to determine if the Notional protocol should accept the $481,500 funding request from Notional Finance Incorporated.

Notional Finance Incorporated is requesting $481,500 (half in USDC, half in DAI) for auditing and bug bounty expenses related to Notional V2 and the upcoming leveraged vaults framework.

The funding request

The funds would cover the costs of the audits for the leveraged vault framework and the bounty payout for the critical vulnerability found through Immunefi last month. Here is a breakdown of the expenses:

• Consensys Diligence leveraged vault framework audit: $241,500
• Sherlock leveraged vault framework audit: $75,000
• Immunefi bug bounty payout: $165,000 (150k bounty + 10% to Immunefi) Total: $481,500