Sentnl becomes a member of the ReportingDAO
Today, we are honoured to announce that Sentnl, a code audit company, has joined the InsureDAO community as a ReportingDAO member. As the member of ReportingDAO, they will investigate and help decide whether or not to pay out when a certain incident happens.
What is the ReportingDAO?
For someone who is not familiar with the ReportingDAO, let us explain this module briefly.
The ReportingDAO, a committee of security experts, is the third party judgement module making a decision whether to pay out when an incident occurs. A reporting member will be either selected or dismissed by our governance tokenholders.
We decide to delegate the decision making on the payment to the ReportingDAO rather than tokenholders directly since we suppose that many tokenholders will be also underwriters at the same time and they may have an incentive to reject the payment.
If you wanna read more about the ReportingDAO, you can check our gitbook.
Also, you can read the following article:
Quantstamp becomes our first ReportingDAO member.
About Sentnl
Sentnl started in 2019 and specialises in smart contracts audits and blockchain software fuzzing.
Big thank you to the sentnl team and look forward to collacorating with you!!
Want to become a reporting member?
We are looking for security experts, such as a code audit company, to be reporting members.
By becoming a reporting member, you’ll earn trust from the crypto market as well as fees from reporting/assessing reports.
If you are interested in joining the ReportingDAO, please apply from the form below!
https://forms.gle/8Jwkao35kURvvmYW8
Also, you can DM us via Twitter or Discord😊
Twitter: https://twitter.com/insuredao
Discord: discord.gg/8BA5f5rurq
About InsureDAO
InsureDAO is a peer to pool insurance market protocol on Ethereum. The operation and management of the protocol are controlled by the DAO, and anyone with access to Ethereum can create, purchase, and underwrite any insurance without KYC. InsureDAO recently closed a $1M financing round.
If you are interested in learning more, check out our white paper
Also, you can join us on Twitter, Discord, or Telegram! :)
Twitter: https://twitter.com/insuredao
Discord: discord.gg/8BA5f5rurq
Telegram: https://t.me/joinchat/3UrkC9PvIgg1YTA1
