@rajivpoc#438 These aren't dumb at all! Thank you for the questions.
@rajivpoc#438 I get that said agreement enables code to be shipped faster, but would also guess that there are cost-savings to buying a year's worth of credits up front as opposed to doing multiple one-off audits. If this is the case, are there any numbers that can be shared to better put this in perspective (cost of single audit, number of expected audits per year, cost of spending time arranging audits, how far ahead audits currently need to be booked, etc.).
We have had several treasury proposals to cover audits that can be found here: https://vote.rari.capital/
We have spent roughly $30k per audit (exact details on the forums/Snapshot) and have had to wait weeks or even months to schedule. For example, we have been waiting for an audit since April and it would cost us $45,000 if we do not proceed with the retainer program. The only reason why we are able to start this audit now rather than July as planned is due to a cancellation in Quantstamp's schedule. The retainer program will take away all of these scheduling fears! We'll also have a bi-weekly call with the contributors and Quantstamp to properly outline upcoming developments and to stay organized.
How is the price of RGT calculated for the $30K/mo payment (some sort of monthly moving average, price at time of agreement, etc.)?
Quantstamp would like the equivalent amount in RGT at the start of every month.
What's the specific # of audit weeks per month being proposed for $30K/mo?
1 week per month.
Has Quantstamp entered similar yearly agreements with any other projects? If so, has anyone had the opportunity to speak with the folks at those projects and am curious to hear what their experience has been thus far.
Yes! They have retainer programs with several protocols and from conversations it seems to be a useful program. One of the most difficult parts is communication between developers and Quantstamp, and I will ensure that there is oversight and constant discussion between both teams.