Phonon X Hats Finance : Multisig Creation and Hacker Bounties

As divulged earlier today within the meeting:

Mick and I are formally requesting:

  • 1,755,000 - (Combined Bonus Rewards pending Completion of both Testnet Bonus Incentives).
  • To be sent to the multisig (N of M = 2/2)
    0xD099712A796193e98F05c27673AC7a25BE181BaA
    Which will be hooked up directly to the hats.finance interface so that we can initiate the Hats.Finance Bounty Program where over 4K (web2+web3) hackers will attempt to break phonon.

We have already discussed this extensively in house - yet, futher documentation is also available within the links below:

Once again the Rewards total (1,755,000 Phonon) is the combined amount of both Bonus Bounties.

Hoping that we can get enough traction on this so that the snapshot can be approved and we can initiate the program on Monday(26th)

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this will help establish a long term relationship with hats, and will allow us to give vested governance tokens to talented technical people who can help with the protocol over the long term.