OpenZeppelin Security Partnership - 2024 Q2 Compensation
01Summary
OpenZeppelin requests 13,318 COMP (~$1M USD) for Q2 2024 security services including continuous audit, advisory, and monitoring under the existing service agreement.
- Type
- treasury allocation
- Funding
- $$1,000,000
Key changes
- Transfer 13,318 COMP (~$1M USD) from Comptroller to OpenZeppelin for Q2 2024 quarterly security services(high)
Generated by Kvorum
02Description
OpenZeppelin Security Partnership - 2024 Q2 Compensation
Background
Starting on Dec 21st, 2021, OpenZeppelin was selected to offer the Compound DAO security services including continuous audit, security advisory, and monitoring. At the start of every quarter, OpenZeppelin creates a proposal to perform the next service fee payment.
Compensation Structure
We receive our quarterly payments in a lump-sum of COMP. Based on the last week's volume-weighted average price, this would be $75.09 per COMP for a total quarterly payment of 13,318 COMP equaling $1M per the original agreement. This COMP will be transferred from the Comptroller using _grantComp.
More detail in this forum post.
By approving this proposal, you agree that any services provided by OpenZeppelin shall be governed by the Terms of Service available here that were updated as of Sep 19th, 2023.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _grantComp(address,uint256)
- Arguments
{ "0": "0x57C970568668087c05352456a3F59B58B0330066", "1": "13318000000000000000000" }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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