OpenZeppelin Security Partnership - 2023 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 average price, this would be $42.34 per COMP for a total quarterly payment of 23,617 COMP equaling $1M per the original agreement. This COMP will be transferred from the Timelock’s existing balance. 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
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x7d1a...3ab27f | 64,999 | FOR |
 0x54A3...61E189 | 57,585 | FOR |
 0x47C1...614770 | 50,004 | FOR |
 0xB49f...EC7948 | 50,004 | FOR |
 0xed11...a5bb04 | 50,003 | FOR |
VOTE POWER
Proposal Status
- Published Onchain
0xeC40...b9ec1E - Sun April 02 2023, 01:13 pmVoting Period Starts
- Wed April 05 2023, 08:16 amEnd Voting Period
- Wed April 05 2023, 08:17 amQueue Proposal
- Fri April 07 2023, 08:20 amExecute Proposal
Current Results
1-FOR
462,555.3
2-ABSTAIN
1.373
3-AGAINST
N/A Tokens