Request for Proposals - Create / Audit or Test Smart Contract to Redeem YAM Treasury

Request for Proposals - Create / Audit or Test Smart Contract to Redeem YAM Treasury

This is an open request to anyone qualified.

Draft - Please feel free to comment.

Basic Summary
Yam needs a smart contract deployed that would allow Yam holders to redeem 1:1 for the treasury assets. Yam needs a basic interface to allow for redemptions. For example, if you own 3% of the Yam supply, you could burn that yam and receive 3% of the treasury assets.

Requirements
General scope of work, specifics subject to change but not overall scope.

  1. Smart contract can be a fork of previously used contracts by other DAOs for example: Contract used by Lobis to do a treasury redemption or Tribe Redemption
  2. Smart contract must be able to allow anyone with YAM token to redeem 1:1 the Yam treasury assets.
  3. Smart contract must be able to return all unclaimed funds back to the treasury after 1 month.
  4. Smart contract must not include any YAM balances held in the treasury or operations multisig or protocol owned liquidity (if created)
  5. Smart contract must pay out any governance approved expenses to contributors that are owed.
  6. Smart contract must be tested and audited.
  7. Smart contract must be ready to be deployed via YAM’s Alpha Governor
  8. Basic Interface must allow anyone with YAM token to redeem 1:1 the Yam treasury assets.
  9. Basic Interface would be nice to be hosted on Yam.Finance’s website but if the ability to update the site isn’t available, a separate hosted must be provided.

Submission Qualifications
Must have a verifiable history, Smart contract creation, testing and deployment.

Submission Deadlines
This request for proposals will be open for 1 week from 10/17/2022 to 10/24/2022 or when 3 qualified proposals have been submitted. If there are no proposals, deadlines will be extended.

Submission Process
Any interested parties:

  1. Submit verifible history of smart contract creation, testing and deployment. A link is acceptable.
  2. Submit total final costs that includes all fees

Once Submission Process is closed, a snapshot will be put up for token holders to decide.

@ethe, Would you like to submit bid? Is there anything I am missing?

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Since no one is interested, I’ll do it.

Feddas

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