--- tags: Summaries --- # MIP40c3-SP83: Modify Immunefi Security Core Unit Budget (IS-001) This post summarizes the main points of this subproposal from GovAlpha's perspective: - This MIP40c3 subproposal modifies Immunefi Security Core Unit (IS-001)'s budget. - The proposed budget will run from 2022-12-01 until 2023-12-01. - This is a valid [MIP40c3](https://mips.makerdao.com/mips/details/MIP40#MIP40c3) subproposal and it is eligible to enter the November Governance Cycle as per [MIP51](https://mips.makerdao.com/mips/details/MIP51#governance-cycle-overview). - The following two options will be submitted on-chain along with the _Reject Budget_ and _Abstain_ options: - Status Quo Budget: 786,830 DAI streamed over 12 months. - Bear Market Budget: 427,790 DAI streamed over 12 months. - The author of this proposal warns the community that the Bear Market option "will slow response time and increase the likelihood of using the [MIP64c5 process](https://mips.makerdao.com/mips/details/MIP64#MIP64c5)." - This proposal has been assigned `High-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267). ***Disclaimer: These summaries are intended to be a guide and not a source of truth. You remain responsible for any actions you take on the grounds of this information. Please note the date when the summary was last updated to judge accuracy.*** *Updated 2022-10-27*