[Mission Request] Subsidized Audit Grants

Delegate Mission Request Summary

This is a continuation of this Mission Request from last season: gather smart contract auditors to provide subsidized audits for promising projects determined by the Grants Council.

S6 Intent

Intent 3A

Proposing Delegate/Citizen

Anthias Labs

Total grant amount

250,000 OP

Should this Mission be fulfilled by one or multiple applicants?

Multiple

How will this Mission Request help accomplish the above Intent?

This Mission Request will help accomplish Intent 3A (helping the Collective grow the number of active developers across the Superchain) by helping with the cost of audits for new projects launching in the Optimism ecosystem. By assisting with the cost of audits for nascent but promising projects, we can grow the number of sustainable projects and developers across the Superchain.

What is required to execute this Mission Request?

To execute this Mission Request, we will need a pool of qualified auditors, multiple of which supported this Mission Request and its applicants in Season 5. We will also need a system to assess how projects are determined eligible for an audit grant–this will be handled primarily by our team at Anthias Labs and M4rio.eth, as the Audit Reviewers of the Grants Council for Season 6. Finally, we will need a pool of qualified projects to apply for audits. This program saw significant adoption in Season 5, so we do not envision this posing an issue for Season 6.

How should governance participants measure impact upon completion of this Mission?

  • Milestones
    • Audit Reviewer committee in place
    • Pool of qualified auditors elected
    • First pool of project applicants
    • First round of audit grants awarded
  • Metrics
    • Number of audit grants given
    • Quality of audit teams we are working with
    • Number of auditors working with
  • Impact
    • Usage data (per-project) for funded projects
    • Total TVL and/or fees generated by funded projects
    • Total team members of teams funded for audit grants that are now building across the Superchain

Has anyone other than the proposer contributed to this Mission Request?

No

Which metric will the success of this Mission Request be evaluated against?

The North star metric against which this Mission Request should be evaluated is # of active addresses interacting with grantee’s contracts, as this Mission Request plans to grow the number of active developers on the Superchain through the adoption of improved infrastructure and better open standards. This metric was suggested by the Foundation and approved by the Grants Council.

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I think this is a great request; IMO I think we should consider increasing the OP total grant amount.

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We support this program. To understand how best to size it, what was the utilization of the past budget?

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@Gonna.eth - tagging you here to share info on the Season 5 utilization. Thanks for the support @GFXlabs

A North Star Metric has been added at the bottom of this Mission Request in an effort to enable the Collective to make data-driven decisions. By using a single metric for each Mission Request, the Collective is better able to evaluate the performance of all the Season 6 missions in a standardized manner, which will be critical when the Collective makes decisions about Intents, budgets, or other critical components of governance.

Tagging @op_julian, as this Mission Request was repurposed (see [Mission Request] Subsidized Audit Grants V2).
Tagging @Gonna.eth in case additional followup is needed.

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