Range Security
We have decided to award an 82,619 NTRN grant to the Range Security team to integrate Neutron into their product line exhaustively. The goal of this grant is to fund Range Security to bring the Neutron ecosystem to the next level in terms of DeFi security infrastructure and user experience for DAOs and governance.
Neutron Grants Program
February 26, 2024
95000
Neutron Grants Program Batch #2 — Range Security
Thesis
We have decided to award an 82,619 NTRN grant to the Range Security team to exhaustively integrate Neutron into their product line. The goal of this grant is to fund Range Security to bring the Neutron ecosystem to the next level in terms of DeFi security infrastructure and user experience for DAOs and governance.
Grant Deliverables
The deliverables are as follows:
- Data infrastructure and engineering work to build real-time and historical data pipelines for all Neutron transactions
- Neutron transaction simulator development
- The transaction simulator is to be integrated into multisigs, SubDAO UIs, and partner wallets
- Range Trail integration and ML Risk API
- Customized monitoring suite for Neutron DAOs and SubDAOs
For Milestone 1 completion, the criteria are as follows:
- Data infrastructure and engineering to build real-time and historical data pipelines for all Neutron transactions completion
- Neutron Simulator development completion
For Milestone 2 completion, the criteria are as follows:
- The transaction simulator is to be integrated into multisigs, SubDAO UIs, and partner wallets
For Milestone 3 completion, the criteria are as follows:
- Range Trail integration and ML Risk API completion
For Milestone 4 completion, the criteria are as follows:
- Customized monitoring suite for Neutron DAOs and SubDAOs
Grant Payment Terms
- Upfront Payment: 13,045 NTRN
- Milestone 1 Payment: 21,742 NTRN
- Milestone 2 Payment: 8,697 NTRN
- Milestone 3 Payment: 17,393 NTRN
- Milestone 4 Payment: 21,742 NTRN
Further information
- Website: https://range.org/
- Social Media: https://twitter.com/RangeSecurity
- Blog: https://www.range.org/blog
Note
The applicable NTRN for the previously agreed equivalent dollar amount was fixed using a 30-day moving average of the NTRN closing price as of February 12th, 2024.