"The Ethereum Foundation's initiative, known as the Ethereum Security Subsidy Program, aims to alleviate the financial burden of security audits for Ethereum mainnet builders, ensuring that even smaller teams can access necessary professional services."
"With participation from over 20 audit firms, the program allows eligible teams to apply for financial support that can cover up to 30% of their total audit costs, making security audits more accessible."
"Priority consideration for the subsidy is given to teams that advance the Ethereum Foundation's CROPS principles, which focus on Censorship Resistance, Open Source, Privacy, and Security, ensuring that the initiative aligns with core values."
The Ethereum Foundation introduced a $1 million subsidy program to assist Ethereum mainnet builders with the costs of professional smart contract security audits. More than 20 audit firms, including Certora, Zellic, and Immunefi, are participating in the initiative through the Areta marketplace. Eligible teams can receive financial support covering up to 30% of their audit fees. The program prioritizes teams that align with the foundation's CROPS principles, which emphasize Censorship Resistance, Open Source, Privacy, and Security. Applications are accepted via Areta Market.
Read at news.bitcoin.com
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