FeedProjects
Developers
Settings
🎉 A new chapter begins: Boardroom has joined Agora
Learn more
protocol logo
Explore / Projects
Compound

Insights

Proposals

Discussions

Members

Information

Reports

Create Proposal

Compound

InsightsProposalsDiscussionsMembersInformationReports
Proposal
Back to Proposals
executedEnded 3 years ago Â·  Onchain

OpenZeppelin Security Partnership - 2022 Q4 Adjustment

By 0xeC40...b9ec1E

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 will create a proposal to update the service fee payment.

Compensation Structure

As discussed for the Q3 proposal, we will receive our quarterly payment in a lump-sum. Based on the last week’s average price, this would be $57 per COMP for a total quarterly payment of 17,544 COMP equaling $1M per the original agreement. This COMP will be transferred from the Timelock’s existing balance.

More detail in this forum post

Continue Reading
Connect Wallet to Add Note
0
Votes 73
VoterCast PowerVote & Rationale
0x683a...D26C02
127,026

FOR

0x54A3...61E189
87,585

FOR

0x8d07...e6A265
70,003

FOR

Robert Leshner
50,070

FOR

0x7AE1...22E585
50,007

FOR

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Published Onchain 0xeC40...b9ec1E
  • Sun September 25 2022, 02:34 pmVoting Period Starts
  • Wed September 28 2022, 08:44 amEnd Voting Period
  • Wed September 28 2022, 08:47 amQueue Proposal
  • Fri September 30 2022, 08:48 amExecute Proposal
Current Results

1-FOR

547,899.1

2-AGAINST

0.393

0%

3-ABSTAIN

N/A Tokens

0%
DocumentationBrandingContact Us