Executed

[TFIP-12] Approve audit spend for Trinity


Proposal ID

743426...8430

Proposed

Result details
Final Votes

Quorum

15.6M of 0

Majority support

Yes

For

15.6M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x4C19...3784

mint(..)

Custom

Account

0x4C19...3784

Method

mint(..)

Custom

0x4C19...3784

transfer(..)

Custom

Account

0x4C19...3784

Method

transfer(..)

Proposal

Approve audit spend for Trinity with ChainSecurity. We expect base cost of the audit will be 80,000 CHF (~$100,000 USD). We have baked in significant buffer for both TRU/USD and USD/CHF price fluctuations along with potential for audit going longer than anticipated (thus, more expense).

We will refund excess TRU and stablecoins depending on what we have left over. Additionally, we will provide the foundation with an invoice from ChainSecurity.

Actions in the proposal:

  • mint 1M TRU to Timelock
  • send 1M TRU to Wallfacer Multisig

Link to forum discussion

Final Votes

Quorum

15.6M of 0

Majority support

Yes

For

15.6M

Against

0

Abstain

0

Final Votes
Status

Draft created

Published onchain

Voting period started

Voting period ended

Proposal queued

Proposal executed