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SwerveSwerveby0x6D3E136698beFEe231cD2E4E94bE0105D62FA01F0x6D3E…A01F

SIP-1 Smart Contracts Audit

Voting ended over 5 years agoSucceeded

This proposal seeks to have the Swerve Smart Contracts audited by reputable auditing services. The contracts can be found on this Git: https://github.com/SwerveFinance/SwervContracts

During community discussions it was agreed upon that an audit is necessary and the proposal to get Swerve audited received overwhelming support.

Benefits of contract audit:

  1. More security and trust in Swerve protocol.
  2. Users who are on the fence would be encouraged to join.
  3. Establish credibility as a serious development on top of Curve.
  4. Prove that community-led projects can be as serious in all aspects as team-led ones.

Since Swerve currently has no dev-share or treasury, the next problem becomes deciding the source of funds for auditing. I propose two structures:

  1. Set up a treasury, to be used for all future developments including audits.
  2. Have a community-supported audit by starting and funding a Gitcoin Grant, held by a Gnosis Safe multisig wherein interested community participants can donate funds to be used for audit expenses.

Please vote for your selection, or feel free to propose a new one on Discord.

Off-Chain Vote

Audit via Treasury (to be set up)
98.93 98.9%
Community-funded Audit via Gitcoin
1.07 1.1%
Something else (propose on Discord)
0 0%
No Audit
0 0%
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Timeline

Sep 06, 2020Proposal created
Sep 06, 2020Proposal vote started
Sep 09, 2020Proposal vote ended
Jan 23, 2024Proposal updated