OIP 156: Hypernative offer to OlympusDAO - Security and Threat Prevention

Summary

This is a proposal to renew Hypernative’s 12-month engagement with OlympusDAO on continuous real-time monitoring and proactive threat prevention to enhance the resiliency and security of the OlympusDAO protocol and augment the DAO’s security operations, while minimizing the risk of hacks and exploits, loss of funds and prevent catastrophic loss to create long-term sustainable growth.

The proposal below includes detections of malicious DAO proposals, which have proven to be a significant threat vector as Olympus transitions toward an on-chain governance structure.

The request is to approve a $60K budget expenditure paid in OHM for 12 months, approved and released by the DAO contributors.

The forum post is too long to fit in Snapshot, so please see the attached forum link for the full proposal.