OIP3: Use the DAO fund to incentivise a bug bounty listing on Immunefi
3 days, 7 hours left 
16% voted 
748 voters
Approve 53% (67% required)
Reject 14%
Description
We should always be proactive about security, especially as we prepare to increase the number of markets listed on Omm. A bug bounty program on Immunefi will incentivise hackers to look for flaws in the protocol and disclose them responsibly.
Compound pays out up to $50,000 for their bug bounty, and Aave up to $250,000. The Omm DAO fund is still quite small as Omm has been live for less than 6 weeks, so we're proposing to set a max reward of $50,000, and increase it over time.
Smart contract details
Smart contract: Omm DAO Fund Manager (cx48a83a6fbdaa205a060514fd23ad6871c070f896)
Method: transferOmm
- Amount: 1,000 OMM
- Address: cx0000000000000000000000000000000000000000
- Parameter 3: value
- Parameter 4: value
- Parameter 5: value
"address": "cx00",
"method" : "transferOmm",
"params" : "[
{
"type": "Number",
"value": "0x11"
},{
"type": "Address",
"value": "hx000"
}
]"