TIP 11: Synthetix v3 Integration Audit

Simple Summary This proposal is to allocate a portion (up to 200,000 USD) of the POL that is currently sitting in the delta-neutral wstETH/ETH1S Velodrome pool to fund a ChainSecurity audit of the TLX Synthetix v3 integration.

Specification The TLX core team is currently developing a new version of TLX that supports Synthetix v3 and thereby allows for TLX to expand across other chains (specifically, Arbitrum and Base). Protocol security remains the highest priority. Therefore if TIP 11 is to pass, an audit by ChainSecurity would be funded with a portion of the POL that is currently allocated to the wstETH/ETH1S Velodrome pool. As the final costs still need to be estimated, the expected amount should not exceed 200,000 USD and would allow one of the best auditors in the industry to review the code security of TLX.

Rationale The TLX core team consistently assesses TLX's security. Prior to launching the first version of TLX, yAudit was engaged to conduct a protocol audit. After more than 3 months of working smoothly, the next step will be to launch TLX on other chains, integrating with Synthetix v3. This integration requires changes to the original code base that warrant an additional code audit. ChainSecurity has an excellent reputation in the industry and has demonstrated successfully in the past that they are able to analyze and review complex systems that rely on a high degree of composability (which is a core component of the Synthetix v3 integration). Should the expected costs be less than $200,000, then any remaining funds would be allocated back into the wstETH/ETH1S pool.

Test Cases NA