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PurplePurpleby0xD1EAeFBeFFD4106A1A166CD26a1Fe23140D6a42ebillzh.eth

[Nouns Builder #82] Bali Upgrade Audit Funding Request

Voting ended over 2 years agoSucceeded

[Since Purple holds one Builder DAO token, this is a proxy vote for Nouns Builder #82. Purple has three options: FOR, AGAINST or ABSTAIN]

To view the original proposal, please visit https://nouns.build/dao/ethereum/0xdf9b7d26c8fc806b1ae6273684556761ff02d422/vote/82]

  • Token Reserve: Reserve n tokens for claiming when a DAO is created. Used for DAOs that want to offer reserved token claims via minters.
  • Merkle Reserve Minter: Allow reserved token claiming via merkle proofs. Used for DAOs that want to include a preset list of members to claim tokens.
  • L2 Migration Deployer: Helper contract that lets L1 DAOs deploy and seed a DAO on L2.
  • Alternate Metadata Renderers: Allow current DAOs to set a new metadata renderer. Allow new deployments to choose an alternate renderer.
  • Protocol Rewards: Rewards taken as a percent of protocol auctions distributed to bid referrals DAO founders and BuilderDAO

Full spec: https://hackmd.io/@Vc6Y6iquTg2mutFXPZq08Q/ryT9U9vG6

Chosen audit platform:

Sherlock (https://www.sherlock.xyz/)

  • Recommended by Verbs team
  • Their model is better suited to what we need for this audit
    • 1 Senior Auditor + Audit Contest + Mitigations
  • https://docs.sherlock.xyz/audits/protocols

Audit contest quote (as of 8 November 2023): $61,875 USD

Funds to be sent to multisig: Neokry, Isaac and Patti - 0x6ec0351b2ceF67e1aE0e97AF65a4365884c48370

*The equivalent of ~$66k (to absorb potential volatility in ETH from time period between submission and execution) would be sent to the multisig. They would then convert $61,875 worth of ETH to USDC and then send back the remaining ETH to the DAO.

Estimated Timeline

Week of Nov 6: Proposal to request funds from the DAO Week of Nov 13: Pay deposit to Sherlock Nov 21 to Nov 30: Audit contest Week of Dec 4: Mitigations and final testing Week of Dec 11: Deployment and propose the upgrade to BuilderDAO

Proposer hot.neokry.eth

Proposed Transactions 0x6ec...48370 .Transfer( value: 35.0 ETH )

Off-Chain Vote

Purple should vote FOR
2 PRPL100%
Purple should vote AGAINST
0 PRPL0%
Purple should vote ABSTAIN
0 PRPL0%
Download mobile app to vote

Timeline

Nov 08, 2023Proposal created
Nov 08, 2023Proposal vote started
Nov 11, 2023Proposal vote ended
Jul 30, 2024Proposal updated