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.
Quick and dirty answer –
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?
February 9, 2023, 1:16pm
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!
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.
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.
Welcome to the sixth HOPR DAO experiment! This experiment will focus on bug bounties and will run until Monday 13th February. The proposals are already fixed, so there will only be two phases: discussion and vote. The phases will most run at the same time.
There will be two proposals this time round, a primary proposal and a secondary proposal:
Primary Proposal: Should the HOPR DAO contribute to a bug bounty on the HOPR Season 6 Staking Contract, hosted on the Hats Finance platform? …
it is only stated ‘season 6’.
And then an assumed amout of e.g. 2 Million $HOPR would feel quite a lot
No denying, I just wondered why a one-season-staking contract requires a SAFU fund of 120k$
Hey team, Ofir from Hats finance.
Thanks for the support, looking forward to meeting you all soon.
Thanks. I expanded the description a little.
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
yes. may be good for hopr
Yes, I support the proposal.
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.