[TPP-3] ZIP Audit Reimbursement Program (ZARP)

[theshelb]

Hey @cobinus - providing some context for your comments below.

@cobinus

Minting a large amount of ZK tokens—100 million ZK—within a relatively short time frame poses a significant risk of introducing sell pressure on the token

Minting for this program is expected to be distributed over a 9-month period. (May 2025 - Jan 2026). For context, the Ignite Program that was approved by the Token Assembly allocated 325M ZK to be minted and distributed over 9 months.

Aside from the ZarpRetro capped minter, which would be available for minting upon the proposal passing, other audit reimbursements will only be granted/become mintable as the corresponding ZIPs are passed over time. These are expected to be spread out over the coming months as it takes time to prepare the upgrades and submit the proposals.

Additionally, audit reimbursements received through this program do not need to be minted all at once. The developer of each ZIP, who will hold the minter role on the associated capped minter contract, has the discretion to mint at a time that makes sense for the recipient.

@cobinus

I recommend adjusting the proposal to incorporate a monthly minting schedule, wherein a capped amount of ZK is minted each month based on the actual reimbursement claims submitted and approved during that period.

There is currently no onchain-enforceable mechanism to enforce a suggested monthly minting schedule. The Governance Team is currently working on developing additional “minter mods” that would enable things like a mint rate limiter, but the timeline for completion is currently unknown.