Primary Proposal - Should the HOPR DAO contribute to a Hats vault?

HOPR DAO v0.6 HOPR DAO v0.6 Proposals
,
1

Should the HOPR DAO contribute to a Hats bug bounty vault to secure the HOPR staking program?

The HOPR Association will be contributing 1m HOPR tokens to a new Hats vault. We’re inviting the DAO to join us in securing one of our most important smart contracts. If things go well, the vault can be expanded in the future to cover evolutions to our staking program and other HOPR smart contracts, such as the payment channel contract.

45 Likes
2

Quick and dirty answer – YES!

Question:
The vault would not only be usable in the context of securing staking season 6 right? So it could also be used for different contexts in the future?

6 Likes
3

I think HOPR could have a bright future ahead with the hats.finance.
By incentivizing an open hacking market that scales with web3 growing ecosystem HOPR Dao will grow and our protocol will be more secured.
I support this proposal!

5 Likes
4

We’ll discuss more in the Twitter Space later today, but this is really just a trial run for:

  • More important contracts which are being audited later in the year
  • Evolutions to the staking contract, which we discussed in the Twitter Space on staking last week

I’m not sure if it’s better to a have a single vault for multiple contracts or separate them out. I suspect the former, but will let the Hats guys explain more later.

7 Likes
5

Ah okay, maybe the aspect of the evolution of the staking contract should be stressed more, so that the whole initiative really has a longterm purpose.

Because here

it is only stated ‘season 6’.

And then an assumed amout of e.g. 2 Million $HOPR would feel quite a lot :slight_smile:

4 Likes
6

Keep it simple:

Yes!

3 Likes
7

No denying, I just wondered why a one-season-staking contract requires a SAFU fund of 120k$ :nerd_face:

2 Likes
8

Hey team, Ofir from Hats finance.
Thanks for the support, looking forward to meeting you all soon.

3 Likes
9

Thanks. I expanded the description a little.

3 Likes
10

Yes.

2 Likes
11

yes of course

2 Likes
12

yes i support this

2 Likes
14

yes we can

1 Like
16

1M is fair. I guess that the team doesn’t know, at this point, how many vulnerabilities there are. So to begin with, I think its fine. Cheers

2 Likes
17

I support this

2 Likes
18

Sure thing to support

1 Like
19

yes. may be good for hopr

2 Likes
20

Yes, I support the proposal.

2 Likes
21

I think its a great idea to contribute to a hats vault. Looks like hats finance ranks pretty high in defi safety. After doing some research it seems the goal for hats finance aligns with hopr.

3 Likes
22

Yes

1 Like