Builder DAO

• Token Reserve: Reserve n tokens for claiming when a DAO is created. Used for DAOs that want to offer reserved token claims via minters.
• Merkle Reserve Minter: Allow reserved token claiming via merkle proofs. Used for DAOs that want to include a preset list of members to claim tokens.
• L2 Migration Deployer: Helper contract that lets L1 DAOs deploy and seed a DAO on L2.
• Alternate Metadata Renderers: Allow current DAOs to set a new metadata renderer. Allow new deployments to choose an alternate renderer.
• Protocol Rewards: Rewards taken as a percent of protocol auctions distributed to bid referrals, DAO founders and BuilderDAO

Full spec: https://hackmd.io/@Vc6Y6iquTg2mutFXPZq08Q/ryT9U9vG6

Chosen audit platform:

Sherlock (https://www.sherlock.xyz/)

• Recommended by Verbs team
• Their model is better suited to what we need for this audit
  • 1 Senior Auditor + Audit Contest + Mitigations
• https://docs.sherlock.xyz/audits/protocols

Audit contest quote (as of 8 November 2023):

$61,875 USD

Funds to be sent to multisig:

Neokry, Isaac and Patti - 0x6ec0351b2ceF67e1aE0e97AF65a4365884c48370

*The equivalent of ~$66k (to absorb potential volatility in ETH from time period between submission and execution) would be sent to the multisig. They would then convert $61,875 worth of ETH to USDC and then send back the remaining ETH to the DAO.

Estimated Timeline

Week of Nov 6: Proposal to request funds from the DAO

Week of Nov 13: Pay deposit to Sherlock

Nov 21 to Nov 30: Audit contest

Week of Dec 4: Mitigations and final testing

Week of Dec 11: Deployment and propose the upgrade to BuilderDAO