Monthly Initiative Update:

• Summary of Achievements:

  • We successfully hosted the Modular Smart Account Expo, targeting the developer and Web3 communities. These events focused on introducing the Safe Accounts ecosystem, Account Abstraction, Modular Accounts, and Wallet Security. The event details are as follows:

    • **Hyderabad:** Achieved approximately 100 registrations, with around 50 participants attending.
    • **Goa:** Partnered with HackVerse as part of the Hacker House, a hackathon event, attracting nearly 500 developers.
    • Bangalore: Note below for the planned collaboration.

    Here is the in-depth report, event outcomes, and onboarding statistics for all the onboarding events.

  • As part of Milestone 3, we have successfully deployed two module apps on the Base Mainnet and testnets to drive user adoption:

    1. **PassKeyValidator Module:** Facilitates user onboarding to Safe Accounts.
    2. **SmartDrop Module:** Enables users to participate in drops within Safe Accounts.

    Detailed onboarding flows, onchain statistics of Safe Accounts, module installations:

    • PassKey Onboarding App
    • Drop Module App

  • We are in the process of organizing a collaborative event with Reclaim Protocol following the integration of Aadhaar-based proof generation with the Smart Drop Module. This will enhance token drop management with Sybil resistance for physical events.

  • In Milestone 4, we continue integrating the Core SDK. We are exploring module integration with a new wallet, Zero Wallet, being developed for ETHOnline 2024. This wallet will utilize the Passkey and Auto Savings modules, facilitating cross-chain asset transactions on Safe Accounts across various chains.

    More details on the module integration with the wallet and the integration PR.

  • The integration with QuestBook and Coinshift is ongoing, with audits pending finalization.

• Milestones Reached:
  • Milestone 2: Progress has been impacted by the below-mentioned blocker.
  • Milestone 3: We are on track to achieve the Safe Account module onboarding targets, with just one more planned collaboration and event.
  • Milestone 4 (Completed):
    • We have developed SDK and docs, utilizing the Safe {Core} SDK and 7579 libraries to enable access to 7579 modules for both existing and new Safes.
    • We have also secured partnerships for module integration with the SDK and Wallet is being developed using the SDK for module integration.
• Challenges/Blockers Faced:
  • For Milestone 2, there have been additional delays in completing the audits as we have not yet finalized and frozen the modules to undergo the audit process. Specifically, our SessionKey module, Smart Drop, and AutoSavings module are being updated to address additional use cases.
  • We request a 1-month extension for the final deliverable to ensure the completion of Milestone 2 and to fully meet the targets of Milestone 3. We agree to delay the monthly/ final invoicing accordingly.

Milestone Progress Snapshot [%]:

Provide a snapshot of progress for each milestone as of end of reporting period; August 30, 2024.

*Targeted completion % is derived from the proposal timeline, understanding that some milestones may have been blocked from progression for valid reasons. These blockers are reflected in our reporting sheets.

CES Comment:

• Delay based on audit hindering progress on two final milestones. Inclined to accept given progress on audit from last period (eg. now in code freeze) and OBRA precedence

Safe Sign-Off:

• Approved - Amy (OBRA DAO Commission) August 30, 2024
  • OK to payout this period
• Approved - Andre (OBRA DAO Commission) September 5, 2024