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Proposal: Arbitrum Audit Program
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Voting type & platform: Offchain - Snapshot
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Vote: Against
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Reasoning: We do not see a reasonable use of such a large amount of funds for such a short period of time, especially considering that this budget is pretty much the same as requested in the OpCo: A DAO-adjacent Entity for Strategy Execution proposal, but the time period there is 30 months, not 18 months less as it is here.
Similar programs already exist in other protocols, and their budgets are significantly smaller than the one needed here to implement the exact same idea. Moreover, is it really necessary to have a new and expensive program when we already have the ADPC Security Subsidy Fund doing exactly the same thing? If so, why? The proposal itself should indicate a need for a replacement. Can’t this program be improved? Why can’t it be?
Overall, we cannot support this proposal in its current form. We understand that audits stand for security and that security is a priority for the DAO, but preventing us from misusing funds is also a priority.