Summary ![:bookmark_tabs: :bookmark_tabs:](https://discourse.spool.fi/images/emoji/twitter/bookmark_tabs.png?v=12)
Approve the allocation of 29,900 USDC for the audit of Spool’s Arbitrum launch code conducted by Hexens, covering approximately 1000 lines of code and four strategies.
Proposal ![:mailbox: :mailbox:](https://discourse.spool.fi/images/emoji/twitter/mailbox.png?v=12)
As we prepare for Spool’s expansion onto Arbitrum, we require a thorough audit of our codebase to ensure security and functionality. We propose to engage Hexens, a reputable code auditing firm, to perform this critical task. The audit will cover roughly 1000 lines of code, encompassing around four strategies essential for the launch.
Motivation ![:fire: :fire:](https://discourse.spool.fi/images/emoji/twitter/fire.png?v=12)
The integrity and security of our code are paramount, especially as we venture into new blockchain ecosystems like Arbitrum. This audit by Hexens is a proactive step to safeguard our platform, instill user confidence, and uphold Spool’s reputation for reliability. Hexens previously audited Spool’s strategies:
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oETH LST
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Convex frxETH-stETH
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Gearbox USDC
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Gearbox ETH
Details :
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Audit Firm: Hexens
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Scope: Approximately 1000 lines of code, four strategies
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Cost: 29,900 USDC
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Commencement: Scheduled for April 22nd
Vote Options ![:ballot_box: :ballot_box:](https://discourse.spool.fi/images/emoji/twitter/ballot_box.png?v=12)
- Yes: Authorize the release of funds for the code audit.
- No: Do not authorize the funds, and propose alternative actions.
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The vote takes place here
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Timeline ![:clock130: :clock130:](https://discourse.spool.fi/images/emoji/twitter/clock130.png?v=12)
- Voting Period: April 8, 2024 → April 15, 2024