Thank you everyone for your productive feedback. Gauntlet will be flexible to accommodate the DAO’s preferences. We plan on moving forward with a $1.6M service partnership. No meaningful scope changes will occur. Our insolvency refund scales with the notional contract size and only covers V3. Mechanism design workstreams (e.g., LST Killswitch) will continue on a best-efforts basis.
We will put up a Snapshot vote for a $1.6M partnership (20% discounted fee from our original, with the addition of taking on GHO as half of the payment) and hope that this demonstrates flexibility to the DAO while also ensuring that we can commit the resourcing to provide robust risk management services to Aave. We thank the community again for their collaboration during this process.