#14·Renewing Astar's Brand Protection with ChainPatrol

Treasury
2mos ago
1 Comments
Executed

ChainPatrol is a leading provider of Web Security and Brand Protection. Our core mission is to address the rising pace and volume of online threats targeting Web3 brands and communities. ChainPatrol offers a multi-faceted suite of software products that aim to secure Web3 companies and mitigate the rapidly evolving threat environment.

ChainPatrol has served as Astar Network’s Brand Protection Partner for the majority of 2024, after the successful approval of our service in May of 2024:

https://forum.astar.network/t/proposal-to-astar-network-enhancing-security-and-trust-with-chainpatrol/6859/20

During this time, we’ve actively mitigated threats, protected users, and enhanced the platform’s security posture. We’re now seeking community approval to renew this partnership for a full year to continue safeguarding the Astar Network against malicious actors:

New Proposal (February 2025):
• 900,000 ASTR (approx. $3,000 USD/mo for a 12-Month Contract; based on today's current ASTR Price)

NOTE: It has come to our attention that the ASTR 30-Day Price is used for Proposals. Based off of the ASTR EMA30, this would actually equate to 720,000 tokens.

We commit to returning the differential of 180,000 ASTR tokens if the proposal is approved.

Link to the Forum Discussion for New Proposal:
https://forum.astar.network/t/renewing-brand-protection-for-astar-w-chainpatrol/7594

Edited
Reply
Up 2
Share
This vote has been closed.
Business
Call
Metadata
Timeline8
Comments

Hi Astar Team, Dave from ChainPatrol here.

We would like to thank the Astar Treasury for approving our proposal and are very excited to continue our Brand Protection efforts for the Astar Community for the upcoming year!

As part of our proposal, we indicated that we would be returning 180,000 ASTR Tokens to honor the 30-Day EMA price, at the time of our proposal.

Writing here to confirm that we have returned the 180,000 ASTR Tokens to the treasury. Please see below:

https://astar.subscan.io/extrinsic/8478991-2

Thank you again for trusting us with protecting the Astar brand! Our team will continue to align protection, closely communicating with Astar team members to stay current on the roadmap for the upcoming year.

Reply
Up