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Merge pull request #1001 from makerdao/Removing-Core-Unit-IS-001
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Removing IS-001 (Immunefi Security)
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VoteWizard authored Nov 13, 2023
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40 changes: 9 additions & 31 deletions MIP38/mip38.md
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Expand Up @@ -290,35 +290,6 @@ Offboarded Core Units are archived at the end of the list under *Offboarded Core

---

#### Immunefi Security (IS-001)

- **Summary** - Immunefi's Mission is to systematically improve security for builders, end users, and other stakeholders in the Maker Ecosystem by providing both reactive and proactive security services.
- **Ratification Date for the Initial Proposal Set** - 2021-11-22


##### Mandate

- [MIP39c2-SP24](https://mips.makerdao.com/mips/details/MIP39c2SP24)

##### Budget

- **Active Budget** - [MIP40c3-SP58](https://github.com/makerdao/mips/blob/master/MIP40/MIP40c3-Subproposals/MIP40c3-SP58.md)
- **Ratification Date** - 2022-02-28
- **Budget Amount**
* 95,442.5 DAI will be transferred to 0xd1F2eEf8576736C1EbA36920B957cd2aF07280F4 on 2021-12-01
* 138,000 DAI will be transferred to 0xd1F2eEf8576736C1EbA36920B957cd2aF07280F4 on 2022-03-01
* A total of 366,562.50 DAI will be streamed to 0xd1F2eEf8576736C1EbA36920B957cd2aF07280F4 starting 2021-12-01 and ending 2022-08-01
* A total of 207 000 DAI will be streamed to 0xd1F2eEf8576736C1EbA36920B957cd2aF07280F4 starting 2022-03-01 and ending 2022-12-01
- **Budget Implementation** - Simple via dssvest
- **Budget Breakdown** - [MIP40c3-SP58 internal anchor link](https://github.com/makerdao/mips/blob/master/MIP40/MIP40c3-Subproposals/MIP40c3-SP58.md#budget-breakdown)
- **MKR Vesting** - [MIP40c3-SP41](https://mips.makerdao.com/mips/details/MIP40c3SP41)

##### Facilitator

- Travin Keith - [MIP41c4-SP25](https://mips.makerdao.com/mips/details/MIP41c4SP25)

---

#### Sidestream Auction Services (SAS-001)

- **Summary** - Sidestream Auction Services's mission is to improve security, transparency, and accessibility of the Maker Protocol by providing and maintaining auction services through open-source development.
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---

#### Immunefi Security (IS-001)

- **Summary** - Immunefi's Mission is to systematically improve security for builders, end users, and other stakeholders in the Maker Ecosystem by providing both reactive and proactive security services.
- **Ratification Date for the Initial Proposal Set** - 2021-11-22
- **Ratification Date for Offboarding** - 2023-10-30
- **Related Proposals** [see](https://mips.makerdao.com/mips/list?search=$%23cu-is-001&orderDirection=ASC&hideParents=true)

---

#### Deco Fixed-Rate (DECO-001)

- **Summary** - The Deco Protocol is a fixed-rate protocol designed to be flexible and safe. Its design anticipated that its first and most effective initial application may be on Maker.
- **Ratification Date for the Initial Proposal Set** - 2021-11-22
- **Ratification Date for Offboarding** - 2023-11-25
- **Related Proposals** [see](https://mips.makerdao.com/mips/list?search=$%23cu-deco-001&orderDirection=ASC&hideParents=true)

---

### MIP38c3: Endgame transition

In case of conflict, this component supersedes other components in the MIP.
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53 changes: 53 additions & 0 deletions MIP39/MIP39c3-Subproposals/MIP39c3-SP13.md
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# MIP39c3-SP13: Removing IS-001

## Preamble

```
MIP39c3-SP#: 13
Author(s): @psychonaut
Contributors:
Tags: iscu-001, offboarding
Status: Accepted
Date Proposed: 2023-10-11
Date Ratified: N/A
Forum URL: https://forum.makerdao.com/t/mip39c3-sp13-removing-is-001/22392
Extra: Voluntary offboarding as confirmed [by this forum post](https://forum.makerdao.com/t/mip39c3-sp13-removing-is-001/22392/2)
```

## Sentence Summary

This post notifies Governance of Immunefi Security Core Unit (ISCU-001) end of operations.

## Paragraph Summary

With Core Units winding down, we are formally notifying Governance of our voluntary offboarding. The Core Unit team will carry on a similar mandate under Ecosystem.

## Specification

### Motivation

#### Summary of reason for offboarding

The Core Unit framework is deprecated.

#### Work

All ongoing work and responsibilities are continued. Expect no interruption in service.

#### Funds

Continuing funding will be coming from the Ecosystem budget. We're working with the Governance facilitators to implement the following budgetary actions on-chain:

**Related to Core Unit offboarding:**

* The FTE was reduced from 1.2 to 0.8 around Jul 2022 with the corresponding MKR vesting schedule adjusted Aug 2023. The FTE was reduced again from 0.8 to 0.4 around Jan 2023. We request payout of MKR vested 05 Aug 2023 adjusted to 0.4 FTE: One time MKR payment to ISCU of 6.34 MKR.
* Termination of DAI streams to ISCU
* We'll our swap ETH holdings to DAI and return *all* remaining DAI holdings in the operational wallet & auditor wallet to the protocol through `DssBlow`.

#### Facilitator

As MIP41c4 does not apply to Ecosystem Actors, we can mark MIP41c4-SP25 as obsolete.

### Core Unit ID

* IS-001

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