Frax should pay for smart contracts audit in my opinion for projects building on Fraxtal. I think it's a great idea if we want to develop Fraxtal as the "safe" place for DeFi
pay for audits for projects building on fraxtal.... no thanks
What's your reason behind your amazing response "no thanks"?
just throw around 20k-100k a pop? dont even need token allocation? or frax should just be a VC for all the projects and invest for token allocations? if you need money for audits, that is what funding/raising money is for
Could the same be said for the founders of each chain? If a project does not have audit funds or its own safety awareness, it is not worth it
Nobody has that kind of resources If you had to make a committee just to approve which companies get audits in return for sharing equity to frax protocol this would take up considerable energy from building the actual chain
That can be part of a way of attracting projects to build on Fraxtal, and help small teams to build on Fraxtal
Good idea
Oh wait for ALL other projects building on top you mean. But its permissionless so anybody can build anything. Its not doable to be everybodies audit funder. Why wouldnt those projects launching on fraxtal audit themselves?
not all, but could be something like, the first 10 projects for example via veFXS governance
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