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teleo-codex/decisions/internet-finance/umbra-fund-security-audits.md
m3taversal fdebd95137 rio: batch 4 — 26 new decision records for 10 projects 
New decision records with full proposal text for projects that previously
had zero governance documentation in the KB.

Omnipair (4): OMFG-001 through OMFG-004
Ranger (3): ICO launch + $2M buyback + contested liquidation
Solomon (3): ICO launch ($102.9M committed) + DP-00001 + DP-00002
Loyal (3): ICO launch ($75.9M committed) + buyback + liquidity adjustment
ZKLSOL (4): ICO launch + team burn + buyback + restructuring
Umbra (3): ICO launch + security audits + mainnet expansion
Futardio cult (3): ICO launch + omnibus (90% token burn) + liquidity pool
Kyros (1): Burn 4.42M unclaimed airdrop
Jito DAO (1): JTO Vault / TipRouter NCN (JIP-10)
Marinade (1): SAM Bid Routing to MNDE Stakers (MIP.5)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:53:35 +00:00

3.8 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created
decision decision_market Umbra: UMBRA-001 — Fund Security Audits internet-finance passed umbra futardio Umbra team https://www.metadao.fi/projects/umbra/proposal/71nYHjLpgY7evn9G4UaGCBd6cYHpGWzrzd3ESs2KUduG 2025-11-12 2025-11-15 operations Fund Umbra security audits before mainnet launch rio 2026-03-24

Umbra: UMBRA-001 — Fund Security Audits

Summary

Umbra allocated treasury funds for security audits before mainnet launch, following the same pre-launch audit pattern as Omnipair (OMFG-002).

Market Data

  • Outcome: Passed
  • Duration: 2025-11-12 to ~2025-11-15

Significance

Second FaaS-launched project (after Omnipair) using futarchy to approve pre-launch security audits, establishing this as a standard governance pattern.

Relationship to KB

  • umbra — parent entity, pre-launch security
  • futardio — governance platform

Full Proposal Text

Source: futard.io, tabled 2025-11-12

Proposer: Kru Requested: 105,000 USDC Recipient: Kru (for audit coordination) Purpose: Security audits for Umbra before mainnet

Summary

We are in the final stages of Umbra going live on mainnet alongside Arcium and we've spent the last month evaluating different audit partners. So far the best partner for us seems to be Halborn. This proposal looks to initiate a spend of $105,000 USDC for the same.

About Halborn

  • Founded: 2019

  • Focus: Cybersecurity and auditing firm

  • Value Secured: Over $1 trillion in digital assets

  • Clients: 600+ across exchanges, custody infrastructure, and blockchains

  • Solana Ecosystem Security Work: Conducted audits for Solana Foundation, Solana Labs, and Anza.

  • Reviewed 150K+ lines of code across SPL programs and Layer-1 components.

Goal

  • Halborn will secure and verify both ZK circuits and Anchor program before Arcium mainnet launch.

Challenges and scope as highlighted by Halborn

Challenges

  • Two codebases nearing completion, with ZK circuits ready for audit and Solana programmes following within weeks.

  • No prior external audit of Umbra's cryptographic logic - high need for independent ZK + Rust review.

  • Tight launch window (~30 days) creates risk without parallel audit execution and structured issue tracking.

  • Complex dependencies on Arcium's evolving MPC infra make code freeze and scoping fluid.

  • Global, remote team (India + Spain) requires timezone-aligned engineering collaboration and rapid feedback loops

  • Scope Includes

    • Software, System & Process design advisory
    • Technical & Security Overview
    • Penetration Testing & Source Code Security Assessment
    • Mobile Application Security Assessment
    • Red Team Exersice ( OpSec )
    • Cloud Security Assessment

You can read more about the payment terms and scope of work here: (Halborn Retainer Doc).

Execution and Timeline

  • Total: $105,000
  • Disbursement:
    • Upfront: $35,000
    • The remaining balance of $70,000 shall be paid upon the earlier of:
      • (a) Approval of the payment and release of funds allocated to Umbra
      • (b) Delivery of the draft report by Halborn to Client.
  • Timeline: 35 Days
  • Note: To ensure we can meet our launch timelines Kru will be making an upfront payment of $35000 to help us proceed with the engagement with Halborn without any delays

Raw Data

  • Proposal account: 71nYHjLpgY7evn9G4UaGCBd6cYHpGWzrzd3ESs2KUduG
  • Proposal number: 1
  • DAO account: BLkBSE96kQys7SrMioKxeMiVbeo4Ckk2Y4n1JphKxYnv
  • Proposer: BF8hxzzR4KuVxfsyAUFyy26E6y2GhsSZgBoUQrygwof1
  • Autocrat version: 0.6