Smart Contract Audit Proposal
This proposal seeks to:
- Allocate $157,500 from the Hubble DAO funds for the purpose of undergoing Smart Contract Audits by Code4rena and Dedaub.
Background
Smart Contract Audits are considered to be a very important aspect that needs to be accounted for during the development process and prior to launching. The main reasons for these are as follows:
- Reduce chances of code vulnerabilities leading to hacks;
- Review best security practices; and
- Review system design choices and oracle integrations
Smart contract audits are essential to the security of blockchain projects because they provide the opportunity for vulnerabilities to be identified and remediated before code moves to production and is vulnerable to exploitation.
Funding and Allocation
The two auditors that the Hubblenauts are looking to engage are known as code4rena and dedaub. Below mentioned are the quoted prices and start dates for each service:
| Auditor | Quoted Price for Audit | Audit Start Dates |
|---|---|---|
| Code4rena | $90,000 USD | 17th February 2022 |
| Dedaub | $67,500 USD | 4th April 2022 |
*Do note that these prices are potentially subject to change from the time of this proposal to the time of engagement with the above mentioned parties.
The total price as quoted above should amount to $157,500 USD. This proposal looks to gain approval from the Hubble DAO to engage with these auditors and to give powers to the Hubblenauts in dealing with the parties above. In the event that there is an increment in price, Hubble DAO will agree to give Hubblenauts the power to exercise, in its sole and absolute discretion, whether to allocate more funds from the Hubble DAO for the services above.
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thanks!