Compensation

The compensation for auditors is based on the payment received by a project, which ultimately depends on the codebase's size, complexity, and programming language. For example, we assume a project is quoted 12,000€ for 2,500 nSLOC.

9,000€ (75%) of the payment is allocated to the auditors. 3,000€ (25%) is allocated to the treasury of AuditOne (used for operations, development, marketing, and sales). 4,500€ (50%) of the payment (37.5% of the total) is the base salary for the auditors. 4,500€ (50%) will be used as bounty distributed as follows:

CategoryAmount%

High issues

2,475€

0.55

Medium issues

1,350€

0.3

Low issues / QA

675€

0.15

The bounties will be awarded and split between all the auditors that find high/medium/low issues. If we assume that the following issues were identified and validated: 1 H, 3 M, and 8 L. The auditor who found 1 H, 1 M, and 1 L would receive the following:

TypeAmount

Base payment

1,500€

High issue bounty

2,475€

Medium issue bounty

450€

Low issue bounty

84.4€

Total payment

4,509.4€

Key takeaways:

• The Auditors gain most of the revenue as opposed to working for an audit firm.

• More auditors look through the code compared to traditional audit firms.

• The project pays less for an audit if fewer or no issues are found.

• The Auditors are rewarded for finding issues while receiving a base income.

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