Thank you everyone for the feedback, I think the response is overwhelmingly positive so we should start preparation for the next step:
- incentive structure
- poaching founding member(s)
- collaboration platform
- admin coordinator
Then we specify a budget, and put it out for YFI gov vote on-chain.
Get involved and help out with these points if you can!
@Dark
seems to hinge on if Samczsun would actually want to do this. If not maybe we can find someone else?
@MoonRocks
who needs cz? i would rather back one of the multisig holders or even a lot of the active community members who are proficient smart contract builders
Sam is already an active member of the community, but we want to attract him to commit full time. There are other star auditors in the community as well, they can join as founding members, whether now or later.
@CryptoCap
what incentives are there for someone to audit YFI’s code for free? Just the hope to work with us officially later?
How expensive would/could this be exactly?
This needs to be a lean operation. So initial cost will be Sam’s salary and the support admin + platform costs. As it grows and the number of permanent members grows, costs will increase, but it will also mean the Academy will be ready to offer services to the outside and make money. Therefore, yEarn should get its investment back fairly quickly, thereby becoming self-sufficient and even profitable.
@Fernjosh
how can we assure we maintain a solid track record of audits? And not have it affect the yEarn “brand”
That’s why this is a trial-by-fire situation: only the best are rewarded, and only the best of the best are offered permanent positions. We also need to align incentives through equity in the Academy sub-DAO.
@Beepidibop
I think our in-house audit team should refrain from advertising audits on our own code, since it looks weird PR-wise (e.g. “The only ones saying their code are good are yearn themselves.”)
@eze247
Self-audits aren’t a good idea even if they’re a different section or team
Yes the Academy must have autonomy and can’t be pressured into speeding up work. Again, good incentives and power structure will ensure this.
@1A1zP1eP5
I think something like this could be more attractive to the founding member if it’s set up as its project from the very beginning
@Dark
We fund a dao of auditors, and then the vcVault gets a % of their profits for auditing code whenever they are good enough?.. This sounds interesting.
@alextes
I like the direction here but find the reward structure lacking […] I think we can do better with incentives.
These are great points. Yes we need to align incentives, and having shares in the Academy sub-DAO is a great way to achieve that.
@cyotee
Have the education process be handled by a non-profit taking input for the community and sector experts.
I’d be happy to work with Yearn. Maybe a collaboration like the Free Software Foundation.
In principle this is great, and Gitcoin are also interested in something similar. However the org you’re describing may be a “pre-requisite” program that aspiring auditors go through before joining the Academy. Because remember: this is a trial-by-fire no-hand-holding Academy.
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