hifi-finance · 925workk · Nov 27, 2023
diff --git a/protocol/introduction.md b/protocol/introduction.md
@@ -18,6 +18,6 @@ own project. These are the main areas that we will cover:
 Let's dive right in.
 
 :::info
-If you have any questions, join the #development channel in our [Discord server](https://discord.com/invite/uGxaCppKSH).
+If you have any questions, join the #support channel in our [Discord server](https://discord.com/invite/uGxaCppKSH).
 Our team, and members of the community, look forward to helping you.‌
 :::
diff --git a/protocol/overview/collaterals.md b/protocol/overview/collaterals.md
@@ -1,14 +1,16 @@
 ---
 id: collaterals
 title: Collaterals
-sidebar_position: 4
+sidebar_position: 5
 ---
 
 # Collaterals
 
 A list of the ERC-20 assets that can currently be used as collateral for borrowing in the Hifi Protocol. This list is being constantly
 reviewed. If you'd like to suggest the addition of a new asset, please reach out in our [Discord server](https://discord.com/invite/uGxaCppKSH).
 
-| Asset | Collateral Ratio |
-| :---: | :--------------: |
-|  ETH  |       125%       |
+| Asset  | Collateral Ratio |
+| :----: | :--------------: |
+|  ETH   |       125%       |
+| VWMBp  |       125%       |
+| SHEETp |       333%       |
diff --git a/protocol/overview/governance.mdx b/protocol/overview/governance.mdx
@@ -16,12 +16,12 @@ We selected the Uniswap fork for our token implementation as it includes the fea
 
 We believe that the best way to scale a decentralized finance protocol is via progressive decentralization. Hifi is ultimately a startup, and we have to deal with uncertainty when it comes to:
 
-1. Product/ market fit
+1. Product/market fit
 2. Smart contract security.
 
 Because achieving both is no easy feat, we will not focus on decentralizing governance in the initial phase of the protocol.
 
-### Product/ Market Fit
+### Product/Market Fit
 
 Being able to unilaterally make decisions about the smart contract code speeds up the development process and enables us to get to a point where users love our fixed-rate lending product.
 The ephemeral nature of the hTokens permits us to make changes to their source code on the fly.

diff --git a/protocol/overview/hifi-dao.mdx b/protocol/overview/hifi-dao.mdx
@@ -0,0 +1,21 @@
+---
+id: hifi-dao
+title: Hifi DAO
+sidebar_position: 3
+---
+
+import LinkPreview from "../../src/components/LinkPreview";
+
+# Hifi DAO
+
+The Hifi Decentralized Autonomous Organization (DAO) functions as a legal entity that confers ownership rights to holders of the HIFI token, encompassing all critical components of the protocol, the token itself, and associated intellectual property. This framework ensures that any modifications to contracts or deployment of resources can only be executed following explicit approval from the Hifi DAO Governance system. This governance mechanism is integral to maintaining protocol integrity and ensuring that actions are in line with the collective decisions of the token holders.
+
+## Legal Structure of Hifi DAO: Overview
+
+Hifi DAO has adopted a legal structure under the Trustless Unincorporated Nonprofit Association Agreement (TUNAA). This structure enables Hifi DAO to engage with external entities and adhere to legal and regulatory requirements effectively. The TUNAA, recognized under the Delaware Uniform Unincorporated Nonprofit Association Act, establishes Hifi DAO as a nonprofit association, not intended to be a partnership or an investment company. The agreement stipulates the [DAO's mission](https://github.com/hifi-finance/legal-docs/blob/main/Formation%20Docs/Hifi%20DAO%20Mission.pdf), membership criteria, non-discrimination policy, and decentralized governance approach. Members interact through a designated smart contract, maintaining rights and obligations, including casting votes and managing DAO activities. The TUNAA ensures limited liability for members and offers protection for their assets.
+
+## TUNAA: Features and Governance
+
+The choice of an unincorporated nonprofit association (UNA) as Hifi DAO's legal form offers flexibility, minimal formalities, and limited liability, resonating with the DAO's ethos of decentralization and efficiency. This structure facilitates tax compliance, with Hifi DAO filing as a C-Corporation for federal tax purposes, thereby managing taxes at the entity level without affecting individual members. The governance of Hifi DAO is conducted via cryptographic consensus through a designated smart contract, where members use cryptographic units to participate in decision-making. The TUNAA outlines member rights, responsibilities, and the process for dispute resolution, emphasizing mediation and decentralized dispute mechanisms. Membership in Hifi DAO is voluntary and open, with eligibility criteria and admission processes defined in the agreement. The structure and governance established by TUNAA enable Hifi DAO to operate transparently, protect member interests, and comply with legal standards, supporting the DAO's community-driven initiatives and fostering growth in the blockchain space.
+
+Read the full TUNAA agreement [here](https://github.com/hifi-finance/legal-docs/blob/main/Formation%20Docs/HIFI%20DAO%20TUNAA.pdf)
diff --git a/protocol/overview/protocol.mdx b/protocol/overview/protocol.mdx
@@ -9,7 +9,7 @@ import LinkPreview from "../../src/components/LinkPreview";
 # Protocol Overview
 
 Hifi is a fixed-rate, fixed-term lending protocol based on the [The Yield
-Protocol](https://research.paradigm.xyz/Yield.pdf) paper. The protocol is implemented in a system
+Protocol](https://yield.is/Yield.pdf) paper. The protocol is implemented in a system
 of Ethereum smart contracts.
 
 ![Hifi Diagram](/img/overview/diagram.png)
@@ -81,7 +81,7 @@ All other contracts are licensed under LGPL v3, except for our testing-related c
 ## Protocol Math
 
 The Hifi protocol uses the [PRBMath](https://github.com/paulrberg/prb-math) fixed-point math library to represent
-fractional quantities with sufficient precision. We need this library especially in the AMM
+fractional quantities with sufficient precision. We need this library especially in the
 [AMM](../technical-reference/market-making/hifi-pool), but it's also helpful in calculating account liquidities in the
 [BalanceSheet](../technical-reference/core/balance-sheet.md) contract.
 

diff --git a/protocol/overview/security.mdx b/protocol/overview/security.mdx
@@ -1,7 +1,7 @@
 ---
 id: security
 title: Security
-sidebar_position: 3
+sidebar_position: 4
 ---
 
 import LinkPreview from "../../src/components/LinkPreview";
@@ -15,7 +15,7 @@ of the Hifi protocol](/protocol/developers/network-addresses#latest-deployment).
 
 ## Philosophy
 
-The Hifi protocol has currently not been audited yet, but audits are just one piece of the puzzle when it comes to securing a
+The Hifi protocol has been audited by [Quantstamp](https://quantstamp.com/); view the full audit [here](https://github.com/hifi-finance/hifi/blob/c61317db1936bd38588e29462ec02cd5178ddaf6/audits/Quantstamp%20Audit%20Report.pdf). Audits are just one piece of the puzzle when it comes to securing a
 financial protocol. We believe that is equally important to invest in and be wary of the following areas:
 
 - [x] Good and reliable testing infrastructure