DeFiSafety is an independent rating organization that rates DeFi protocols on process quality and safety. They will develop contract level scoring as a premium product.
Summary of Grant Applicant:
Rex has a background in aerospace, which has a very specific process for software focused on safety and risk reduction. He has been involved with Ethereum for a number of years with a focus on improving safety standards that protect ecosystem participants. DeFiSafety is an ongoing service that already has detailed quality reviews for many DeFi protocols.
DeFiSafety is currently in production and regularly processes requests for review from the DeFi community. They need more staff to meet these requests, planning to expand from 1.5 people to 4-6. They propose to offer a 2% stake in their company, which will earn subscription revenue in the future.
Contract scores will be a premium subscription product that will sustain operations and growth plans.
Requested Grant Size:
$100k (a portion of a $1m raise). They are pursuing investment from other DeFi protocol treasuries, as well.
Curve Review: Curve Finance Process Quality Review - PQ Reviews
Pitch Deck: https://drive.google.com/file/d/18o5Iq_tU4mOG6-UUo8d2pmgNQCvKOZk5/view?usp=sharing