Audit summary
Security experts called AuditExperts are incentivized to look for bugs throughout the audit period.
A large prize pool of 50-100 freelance Auditors, where audits are also conducted contest style. (Only medium- and high-risk ones are eligible for rewards.)
Top-ranked security experts, called AuditExperts, are also in charge of corrective audits.
Reports are formatted internally at AuditDAO, with the ability to convert and merge duplicate reports
From these, the top-ranked AuditExpert can work as the lead security auditor for a lucrative fixed salary, and 50-100 freelance Auditors can compete for the prize money.
This structure allows at least one top-ranked AuditExpert to conduct a detailed review of the code, consult with the protocol team, and facilitate secure changes. It can also provide assurance that a corrective review will be conducted once safe changes have been made.
And this top-ranked AuditExpert is always competing with other freelance Auditors. If another freelance auditor discovers a more significant vulnerability, the top-ranked AuditExpert and the freelance auditor who discovered it will switch places.
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