Submission of BFIP-2: Funding for Contract Audits and Development

BFIPs/BFIP-2.md

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+## Preamble
+
+   BFIP: 2
+   Title: Funding for Contract Audits and Development
+   Author: Boosted Finance Core Contributors
+   Created: 2020-09-08
+
+## Simple Summary
+
+The Boosted Finance team is requesting for funding of 60,000 yCRV to bootstrap an ecosystem fund for the payment of contract audits and fast-tracking the development resources required to construct BoostVaults (bVaults), optimize the existing booster mechanism, or other governance proposals to be passed by the community.
+
+## Abstract
+
+The Boosted Finance team proposes the following measures to be implemented using the funding requested from the treasury:
+
+~20,000 yCRV for smart contract audits. Auditing firm to be used TBD.
+~35,000 yCRV to be used to compensate the developers and the Boosted Finance team for their work in the fairest way possible, as they undergo development for the new `Governance` and `bVault` contracts.
+~2,000 yCRV to be used for server and development costs, e.g. hosting, domains etc.
+The remaining ~3,000 yCRV tokens will be used for miscellaneous and unexpected expenses should the need arise (e.g. liquidity pool set up, gas fees, smart contract deployment).
+
+Under the assumption that the upcoming bVaults proposal will pass, the timeline for development and a completed security audit is in October, aligning the conclusion of the Wave 3 BOOST distribution.
+
+## Motivation
+
+Our motivation for submitting this proposal is to ensure enough resources allocated for the development and auditing of the new `Governance` and `bVault` contracts. We believe this is the best path forward, but it is up to the community to decide.
+
+## Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).