Establishment of a Dedicated Bug Bounty Reserve Multisig

The Lido Labs Foundation (LLF) intends to establish a new Gnosis Safe multisig wallet to manage a dedicated reserve for the Lido Bug Bounty program, accessible at https://lido.fi/bug-bounty.

Currently, all qualified bounty payments are disbursed from the Lido Labs operational multisig.

This modification is intended to achieve the following objectives:

  • Ensure the provision of a dedicated fund for the bug bounty program, commensurate with the amount budgeted in the current EGG proposal (sufficient to cover one critical-level report plus a reserve for minor reports, totaling the equivalent to $2,500,000).

  • Enhance transparency and accountability by maintaining a distinct and readily available pool of funds.

  • The reserve is to be held in sUSDS (or an alternative token in accordance with TMC decisions) to generate rewards and mitigate the overall costs of the bug bounty program.

The proposed signatories for the new multisig will largely mirror those of the Lido Labs Foundation’s operational multisig, with the substitution of @UniteTheClans by @Nick.

Signer Signing address
Olga_K 0xcb408B2c5e45E43DF0F3B2d665873F805D435598
Angelina_L 0x30ce91eb74e56d0df97c78774b3aca2144f6ad32
dgusakov 0x992ce4eec8288274f60880c7770dda265fcce610
Juan 0xB8Dcad009E533066F12e408075E10E3a30F1f15A
krogla 0x000000dfe832ccd7a4011a1fca34602c9a598353
Alex_L 0xE61F7F15f91cdb58008cAeaea46E2d3f2BaFF68c
Nick K 0xCDDf6b6CffFa7b61b3048916C9C1262F6410C01f
GrStepanov 0xf15f39f29b2C57Ab77745E73FD92f33aDA024791
Elena_S 0xb95fda03a90290bd5853c79796a768e37130d193
6 Likes

Hey hey, @Alex_L is looking to join Lido Labs Bug Bounty Reserve multisig with address: 0xE61F7F15f91cdb58008cAeaea46E2d3f2BaFF68c.

My address verification: Ethereum Verified Signed Message
Tweet about it: https://x.com/Al_lykov/status/2000924606174220308

1 Like

Hey hey, @Olga_K is looking to join Lido Labs Bug Bounty Reserve multisig with address: 0xcb408B2c5e45E43DF0F3B2d665873F805D435598
Address verification:

Tweet: https://x.com/itmamuramgk28/status/2000930785755586581?s=20

Hi there! I’m looking to join Lido Labs Bug Bounty Reserve multisig with address: 0x992Ce4eEc8288274f60880c7770DdA265fCCe610.

My address verification: Ethereum Verified Signed Message
Tweet about it: https://x.com/d_gusakov/status/2000951850158391359

Hey there!

I’m verifying my address - 0xB95fdA03A90290Bd5853C79796a768E37130d193 - for participation in the Bug Bounty Reserve Multisig.

Here’s the verification: Ethereum Verified Signed Message
Twitter: x.com