0xed937609…8469sent to0xbeccb6bb…9bf6·#23,729,205·view on Etherscan
# Proposal to Fund Global Junior Tranche Audit Contest
Forum Link: https://forum.inverse.finance/t/proposal-to-fund-global-junior-tranche-audit-contest/619/1
## 1. Proposal Summary
This proposal requests an increase of 76,000 DOLA to the BBP multisig allowance to fund a public audit contest for the Junior Tranche product on Sherlock. The contest will provide additional security review following the initial private audit, with a split bounty structure that incentivizes thorough examination of the codebase.
## 2. Background
The Junior Tranche codebase recently completed a private audit with Sherlock, which identified several findings requiring code fixes. The findings from this initial audit warrant an additional security review to ensure comprehensive coverage before deployment.
A public audit contest allows multiple auditors to examine the codebase simultaneously, increasing the likelihood of identifying any remaining edge cases or vulnerabilities. This approach provides broader security coverage compared to a single private audit team.
## 3. Project Details
* Junior Tranche Audit Contest - 76,000 DOLA
* Base pool: 26,000 DOLA
* Critical findings pool: 50,000 DOLA
* Duration: 4 days
* Start date: November 10, 2025
* Platform: Sherlock
The split bounty structure appropriately incentivizes thorough review while managing budget efficiently. If no critical vulnerabilities are found, only the base pool of 26,000 DOLA will be paid out, and the critical findings pool of 50,000 DOLA will remain unspent.
**Any unspent allowance will be burnt/revoked.**
## 4. On-Chain Actions
* Remaining allowance: 119,060 DOLA (reserved for Monolith security audits, granted [here](https://www.inverse.finance/governance/proposals/mills/280))
* New request: 76,000 DOLA (for Junior Tranche audit contest)
* Total approval: 195,060 DOLA
Set BBP multisig DOLA allowance to 195,060 DOLA