Based on the feedback to the ADPC’s Subsidy Fund proposal to add a Security SME to the ADPC, we have managed to secure a trusted third party, who we are proposing to provide its services to the ADPC including:
- Crafting the technical and business requirements for the RFP for security service providers;
- Helping the ADPC whitelist the security service providers based on their RFP responses over a 4-week span.
We have managed to secure the help of DeDaub. DeDaub is a well-known security services firm which has worked with the likes of the Ethereum Foundation, EigenLayer, Chainlink, GMX, Lido, Maple, Pendle, etc., and has completed 200+ audits for 59 clients over 14 chains.
The next step before onboarding DeDaub is to get the DAO’s confirmation via Snapshot to use part of the ADPC’s budget to pay them. Note, the ADPC already has the funds in the Multi-Sig as part of the original endowment, but since this was not explicitly approved for spending by the DAO in the original Tally vote, we are requesting approval via Snapshot to use these funds to pay DeDaub. Find details below:
We propose to pay DeDaub a total of 12k ARB for their assistance on crafting the requirements and helping whitelist the security service providers. We believe this is fair since:
- Each ADPC member gets compensated $8k worth of ARB per month;
- The technical and specialist nature of the work allowing for a higher rate;
- The difficulty we have had in sourcing Security SMEs who are not conflicted out, as mentioned above;
- The market rates for Security SMEs (we were quoted $500/hour by another SME).
As such, we believe a compensation of 12k ARB is fair for the value DeDaub will bring to the ADPC and to this process.
Moreover, we also request an additional 10k ARB to the ADPC’s budget as an operational buffer to ensure that the ADPC can operate with speed and does not need to get the DAO’s approval for any small operational matters. Of course, this will be returned to the DAO’s treasury upon the completion of the ADPC’s tenure if it has not been utilized, and will not be spent on any internal salaries.
We will put up a Snapshot to get the ball rolling on this budget approval and reduce the likelihood of any delay in meeting timelines.
Summary Ask: 22k ARB in total (12k ARB compensation for DeDaub and 10k ARB operational buffer) to use from the ADPC’s buffer in the multi-sig.
Note: To confirm, DeDaub’s participation as the Security SME will preclude them from responding to the RFP and applying to be a whitelisted security service provider.