Research and development of a Honey token and 1Hive governance infrastructure migration from the xDai sidechain to the Arbitrum L2 solution.
See this signalling proposal for more details and some discussion: Honey Migration to Ethereum (signalling/suggestion)
Since the above signalling proposal research and some contract development has been done to understand more explicitly how 1Hive infrastructure will be migrated and setup using an L2 solution. For details on the current plan and some references to the proposed contract implementations see this hackmd.
This is an essential security upgrade and should make 1Hive’s services and infrastructure more appealing and accessible to potential users.
Again see this signalling proposal for more details and some discussion: Honey Migration to Ethereum (signalling/suggestion)
Expected duration or delivery date (if applicable):
1-3 months. The work involved shouldn’t be too extensive but the final deployment and migration time will be dependant on the role out of Arbitrum and our confidence in their initial release.
Skills and previous experience in related or similar work:
Engineers working within 1Hive since it’s inception and @sacha who has been advising on Gardens development.
Amount of HNY requested:
40 HNY ($14000 at $350/Honey)
Ethereum address where funds shall be transferred:
0x4347fba107ffcbaa6f2fd625205c97aef9d31f13 The agent of this DAO/multisig
More detailed description of how funds will be handled and used:
I have personally spent 50 hours ($3250 of time at $65 an hour) researching and writing some initial contracts that will be used for the setup we’ve proposed for the migration to Arbitrum. I would like to take payment for this time from this funding. If there are any objections to this, since it is a retroactive payment, please share them.
Otherwise rates for contributors will vary from $30-$65/hour. The above HNY should see us through to the initial migration. Any funds remaining at this time may be returned to the common pool but may be kept if there is a chance payments will need to be made for maintaining ongoing migration infrastructure. Payments will be made in HNY at the $ value at the time of the hours completed, once every 2 weeks.