Become a Service Provider

DAOs are similar to corporate organisations in that they can engage third-parties to perform services. Tracer calls these third-parties “Service Providers”.
Service Providers are engaged by Tracer DAO to provide an agreed service. The consideration received for the provision of services is at the discretion of the proposing Service Provider. If approved by the DAO or Growth Fund Managers, Service Providers are remunerated in tokens from the DAO Treasury (including stablecoins, governance tokens and/or any ERC20).
A Service Provider holding governance tokens is consistent with the notion of stakeholder primacy, whereby that Service Provider will be held accountable by all stakeholders within the Tracer ecosystem, and is incentivised to perform services with the highest level of quality, become more active within the Tracer ecosystem, and use their knowledge and learnings to inform future decisions through acts of governance.

Determining Service Providers

The engagement of Service Providers is voted on by Tracer’s DAO members via its Proposal mechanism, or through the Growth Fund via Growth Fund Managers. Open forum discussion with the general public on Discord and Discourse determines the interest in, and the terms of, the engagement.

Become a Service Provider

Service Providers who can add value to the Tracer ecosystem are encouraged to articulate that value to Tracer DAO. Tracer’s community is already vibrant and increased talent and experience will continue to make it stronger. If you believe that you are well-positioned to contribute to Tracer’s ecosystem, be sure to make it known and help Tracer realise its destiny as the future of financial infrastructure.
Check out our bounties that represent some of the projects that support Tracer's current roadmap. If your team would like to work on one or suggest another, please join our Discord and ping the Core Team. We'll figure out how we can work together, followed a formal proposal to the DAO for governance voting, or we'll manage the engagement through the Growth Fund.

The Relationship Between Tracer DAO and Service Providers

The legal status of DAOs in most jurisdictions poses an obstacle to their wider adoption. Currently, most legal minds interpret DAOs as unregistered organisations, unincorporated associations, or general partnerships. One innovation intended to address this issue is a Participation Agreement.
The Tracer DAO Participation Agreement was explained in an article. A Participation Agreement uses contract law to provide a framework for the formation and management of a DAO; specifically, the rights and obligations of each member of the DAO. This is precisely where the concept of a “Service Provider” comes from.
Tracer DAO’s Participation Agreement provides crucial clarity in respect to the relationship between Tracer DAO and its Service Providers. Notably, the Agreement releases Service Providers from claims made by other DAO members that arise in connection with the Tracer project. Furthermore, it guarantees that Service Providers will not be liable for losses arising under, or in relation to, the DAOs activities. The Agreement is embedded in Tracer’s smart contracts. It's included there to shed a welcome light on the rights and obligations of Service Providers in the Tracer DAO ecosystem.

DAO Service Providers

Mycelium (formerly Lion's Mane) is an ever-growing collection of engineers, economists and creatives operating on the cutting edge of decentralised finance and blockchain-based technology, whose ventures seek to change the way we interact with financial systems and technology by making them accessible for all.
On February 10, 2021 Mycelium was engaged via a proposal to provide ongoing services to Tracer DAO, including:
  • Developing financial contracts, visualisation, and any development tooling;
  • Driving communication and marketing efforts;
  • Inventing new and optimised financial contracts and tools; and
  • Engaging with and supporting any community efforts.
RMIT BIH are an interdisciplinary team of researchers in economics, political-economy, organisational theory, law, sociology, politics and communications. They work on crypto-economics, business strategy and adaptation to blockchain technologies, mapping the blockchain economy, and identifying the public policy challenges that will hold back or accelerate this economic revolution.
On March 29, 2021 RMIT BIH were engaged via proposal to provide services to Tracer DAO, including:
  • Publishing articles related to Tracer;
  • Publishing academic papers, within relevant research journal(s);
  • Speaking at events relating to Tracer;
  • Hosting or co-host DeFi conferences and events;
  • Promoting job opportunities relevant to Tracer DAO; and
  • Engaging with the community on Tracer's communications channels.
Sigma Prime
Sigma Prime have an extensive history in traditional penetration testing of corporate networks, cloud infrastructure, and web/mobile applications. They are a leading provider of Ethereum smart contract security assessments.
Sigma Prime have been engaged by Tracer DAO to conduct several security audits, including:
  • On March 19, 2021, Sigma Prime were engaged via proposal to conduct an audit of the initial Perpetual Swaps codebase & initial Factory smart contract implementation.
  • On September 11, 2021, Sigma Prime were engaged via proposal to conduct an audit of the Perpetual Pools smart contract codebase. The results of the audit can be found here.
Runtime Verification
Runtime Verification provide a smart contract analysis and verification service with experience in formal modelling, analysis, safety, security, validation and verification. They have worked with NASA, DARPA, Boeing, Toyota, IOHK, and the Ethereum Foundation.
On September 30, 2021 Runtime Verification were engaged via proposal to conduct a security audit of the Perpetual Pools and vesting contracts codebase.
Code Arena
Code Arena (Code 423n4) is a community-driven organisation that has devised a novel way of performing the crucial service of auditing smart contract code. Code 423n4 reviews code with a competitive, crowd-sourced process where all participants “eat what they kill”, as they compete to be the champion of the arena.
From June 24, 2021 to July 1, 2021 Code Arena were engaged to audit the initial Perpetual Swaps contracts as a bug bounty (as an additional security audit to the earlier audit performed by Sigma Prime). The primary aim of the audit was to locate bugs, exploits and security concerns throughout the protocol code, with a $80,000 USDC bounty award.
Immunefi is a trusted bug bounty platform for smart contracts and DeFi projects. Code is reviewed, vulnerabilities are disclosed, bug hunters are paid and crypto’s unrivalled security is further strengthened.
On September 24, 2021, Immunefi was engaged to run a bug bounty to discover, disclose, mitigate and eliminate any potential security risks within the Perpetual Pools codebase. The bug bounty program was focused on smart contracts and was primarily concerned with preventing loss of user funds and system deadlocking.
EPNS (Ethereum Push Notification Service) is a protocol for blockchain based notifications that are platform agnostic and incentivized.
On June 1, 2021 EPNS proposed an integration with Tracer DAO for governance, product and community based notifications. Tracer DAO will be looking to integrate a number of notifications under these categories, the first being 'governance'. Tracer DAO uses EPNS for governors to receive push notifications for when governance proposals are pushed to Snapshot for voting.
Flex Dapps
Flex Dapps are a group of tenacious money builders, focused on building Web3 experiences for a host of reputable protocols and projects. Some of those include: Lighthouse, LinkSwap, PerlinX, Blocknative, mStable, Maple Finance, and Chainflip.
On May 5, 2021 Flex Dapps were engaged via proposal to build a governance front-end for Tracer DAO: