This proposal requests $22,000 (183,333 CELO) to settle outstanding bug bounty rewards, concluding the administrative phase of the Celo SHIELD program.
The Celo SHIELD (Subsidized Help for Improving Ecosystem-Level Defense) program successfully provided security services to projects building on Celo throughout 2025. As part of the program's competitive bug bounty component, security researchers identified and reported vulnerabilities that improved the security posture of the ecosystem.
This proposal represents the final administrative action for the Celo SHIELD program—settling outstanding payments owed to security researchers who contributed valid vulnerability reports during the program's operation.
The original Celo SHIELD program was funded through CGP-157 (225,000 cUSD) with the goal of subsidizing audit and security costs for projects building on Celo. The program included a competitive bug bounty component with a budget of 60,000 cUSD allocated specifically for rewarding security researchers who identify vulnerabilities.
Bug bounty programs are critical for:
Honoring commitments to security researchers is essential for maintaining Celo's credibility and encouraging future responsible disclosures to the ecosystem.
| Category | Amount (USD) | Amount (CELO) |
|---|---|---|
| Bug Bounty Rewards | $22,000 | 183,333 |
| Total | $22,000 | 183,333 |
Note: CELO amount calculated at $0.12/CELO rate
Funds will be managed through the existing Celo SHIELD 2/3 multisig wallet:
Multisig Address: 0x35ff861a0b6215CeC71EA282B0D32AfefA661795
Signers:
| Name | Forum Handle | Address |
|---|---|---|
| Benjamin Speckien | @ben | 0x48739572951F5bdb2CAC71BfF1Fc0747266C816e |
| Nikolaos Frestis | @gloec | 0x2835cd3C9e5aD93C10eBFAcEc943fE1006B1F57a |
| Stefan Ioja | @si-csec | 0x32Af2978880CD100d6Afa1104e8d01554bFe5bD4 |
0x35ff861a0b6215CeC71EA282B0D32AfefA661795[
{
"contract": "GoldToken",
"address": "0x471EcE3750Da237f93B8E339c536989b8978a438",
"function": "approve",
"args": [
"0x35ff861a0b6215CeC71EA282B0D32AfefA661795",
"183333000000000000000000"
],
"value": "0"
}
]
A human readable version of this proposal can be found using the following command:
$ celocli governance:show --proposalID 268 --node https://forno.celo.org