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Arbitrum · closed proposal

Ethereum Protocol Attackathon Sponsorship

0xb4c0…6f13·ended 1y ago·Discussion ↗·MEDIUM RISK
Voters
3,153
ARB voted
144.94M
≈$11.35M
Token price
$0.08

AI summary

This proposal asks the Arbitrum DAO to help fund an "Attackathon," a security audit event organized by the Ethereum Foundation and hosted on Immunefi. The goal is to find and fix security vulnerabilities in the Ethereum protocol through education, code hunting, and evaluation. The event aims to raise over $2 million, with $500,000 already committed by the Ethereum Foundation. Arbitrum's contribution would support this effort to enhance the security of the underlying blockchain.

Impact

If this proposal passes, the Arbitrum DAO will contribute funds to the Ethereum Attackathon, directly supporting the security of the Ethereum blockchain, which Arbitrum relies on. This benefits all users and projects on Arbitrum by making the foundational layer more secure. The proposal does not specify the exact amount Arbitrum is being asked to contribute, so the financial impact on the Arbitrum treasury cannot be determined.

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Voting results

Unicorn Partners7.89M (5.4%)
Panda Partners89.25M (61.6%)
Against26.37M (18.2%)
Abstain21.44M (14.8%)
144.94M ARB · ≈$11.35M · 3153 votersblock 245615864

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0 votes > 5% VP
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Full proposal

Original markdown · Arbitrum

Non-Constitutional

Abstract

This proposal seeks funding from the Arbitrum DAO to support an “Attackathon,” a large-scale security audit event organized by the Ethereum Foundation and hosted on the Immunefi platform. The Attackathon will focus on enhancing the security of the Ethereum protocol through three phases: education, active code hunting, and result evaluation. The initiative aims to raise over $2 million, with $500,000 already committed from the Ethereum Foundation. This effort is crucial for ensuring the stability and security of Ethereum, which is vital for maintaining th…

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