1️⃣ Audit Competition Template:
- Ensure that the vault is set to the Audit Competition template.
- The payout structure should be configured for 100% payout with no vesting period.
2️⃣ Hats Governance Fees:
- Set the Hats governance fees to 20%. This fee will be deducted only from the rewards portion after payouts.
3️⃣ Approval and Preview:
- Once all the vault parameters are set, approve the configuration and preview the vault to ensure everything is correctly set up before deployment.
After reviewing and confirming everything, proceed to deploy the vault! Be sure to save the session one final time before finalizing the process.