Cancel Liqwid V2 Bug Bounty Launch
Summary
This proposal seeks to cancel the planned Liqwid V2 bug bounty program introduced alongside LIP-147, the Liqwid V2 Business Source License proposal.
LIP-147 proposed making the Liqwid V2 smart contracts source-available under BUSL 1.1 and included a commitment to launch a self-hosted bug bounty program funded with 59,000 ADA from the DAO treasury.
This proposal removes only the bug bounty commitment. All other provisions of LIP-147 remain unchanged - namely turning the Liqwid V2 on-chain source code public by December 2026.
Motivation
Liqwid’s security resources are better focused on Liqwid V3.
Launching a separate V2 bounty would require additional treasury expenditure and operational resources for a protocol version that is expected to be superseded by V3.
V2 will still become source-available under BUSL 1.1, allowing independent researchers to review the contracts and responsibly disclose vulnerabilities without requiring a formal DAO-funded bounty program.
Specification
If approved:
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The planned Liqwid V2 bug bounty introduced by LIP-147 will be cancelled.
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The associated 59,000 ADA treasury allocation will not be deployed.
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Any requirement to launch the V2 bounty within the timeframe established by LIP-147 will be removed.
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All other provisions of LIP-147 remain unchanged.
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Existing responsible-disclosure channels for V2 will remain available.
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