# PGP-26 l Protocol Fees Computation Audit Retroactive Funding

**URL:** <https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469>\
**Category:** Approved PGPs\
**Created:** [April 21, 2025, 1:13pm UTC](https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469 "2025-04-21T13:13:09Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![MimoLabs](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/mimolabs/32/176_2.png) [@MimoLabs](https://gov.parallel.best/u/MimoLabs)\
**Post date:** [April 21, 2025, 1:13pm UTC](https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469/1 "2025-04-21T13:13:09Z")

</div>

**Summary:**

This proposal aims to retroactively fund Mimo Labs for the audit of PIP-39 l Protocol Fees Computation Update, following the successful deployment of it.

**Rationale:**

Back in November 2024 Cooper Labs detected a bug related to the fees generated by the protocol are calculated. This was linked to the way the bridging module works.

In agreement with Cooper Labs, we decided to cover the costs of the audit prior to the [approval](https://gov.parallel.best/t/pip-39-l-protocol-fees-computation-update/432) and [production deployment](https://gov.parallel.best/t/pip-39-l-protocol-fees-computation-update/432/4) of the fix. The audit was conducted by [Bail Security](https://x.com/bailsecurity), for a total cost of $17,000. Audit Report can be found [here](https://docs.mimo.capital/parallel-protocol/resources/security-audits) and Audit Invoice [here](https://drive.google.com/file/d/1fvVXsArz2NsPgKTXg8TS2JAwIv6lz9PB/view?usp=sharing).

Following the successful implementation of the fix, we are requesting the DAO to reimburse the costs of the audit for an amount of $17,000.

Note: Mimo Labs does not make any profit from this reimbursement.

**Means:**

- Human Resources: Multisigners will need to sign and execute transactions to retroactively fund Mimo Labs.
- Treasury Resources: $17,000 worth of PAR/paUSD/USDC on Ethereum.

**Technical implementation:**

- On Ethereum:
  - The [DAO Multisig](https://app.safe.global/balances?safe=eth:0x25Fc7ffa8f9da3582a36633d04804F0004706F9b) will transfer $17,000 worth of PAR/paUSD/USDC to 0xA804F6b4b6d0d9644811b45fe7eA389928786430 (Mimo Labs)

**Voting options:**

- For the retroactive funding
- Against / Rework the Proposal
- Abstain

Authors: Mimo Labs

_Community poll:_

_Poll ([view on site](https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469/1))_

---

<div class="post-metadata">

**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\
**Post date:** [April 23, 2025, 5:49pm UTC](https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469/2 "2025-04-23T17:49:55Z")

</div>

The proposal is now live on Snapshot from April 23th at 10pm CET until April 30th at 10pm CET: [https://snapshot.box/#/s:mimo.eth/proposal/0xe727a41be6eb30de89c93da0b24daaa83791a6d6999eb26fc8f2b6060ff5a6cc](https://snapshot.box/#/s:mimo.eth/proposal/0xe727a41be6eb30de89c93da0b24daaa83791a6d6999eb26fc8f2b6060ff5a6cc)

---

<div class="post-metadata">

**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\
**Post date:** [April 30, 2025, 7:46pm UTC](https://gov.parallel.best/t/pgp-26-l-protocol-fees-computation-audit-retroactive-funding/469/3 "2025-04-30T19:46:56Z")

</div>

The proposal has been approved by the DAO, results: [https://snapshot.box/#/s:mimo.eth/proposal/0xe727a41be6eb30de89c93da0b24daaa83791a6d6999eb26fc8f2b6060ff5a6cc](https://snapshot.box/#/s:mimo.eth/proposal/0xe727a41be6eb30de89c93da0b24daaa83791a6d6999eb26fc8f2b6060ff5a6cc)