[NON-CONSTITUTIONAL] Arbitrum Audit Program
AI summary
This proposal introduces an Arbitrum Audit Program to subsidize the cost of smart contract audits for projects building on Arbitrum. The program will run for one year, providing financial assistance to early-stage projects or those demonstrating product-market fit within the Arbitrum ecosystem. An Arbitrum Audit Committee, including representatives from the Arbitrum Foundation and Offchain Labs, will manage the program and approve auditors.
If passed, this program will make it easier and more affordable for new and existing projects to launch securely on Arbitrum, potentially attracting more developers and increasing the overall security of the ecosystem. The Arbitrum treasury will fund these subsidies, though a specific dollar amount for the program's budget is not mentioned in the proposal body.
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[NON-CONSTITUTIONAL] Arbitrum Audit Program
Arbitrum Audit Program
Summary:
- The Arbitrum Foundation is proposing to run an on-going open application for 1 year to support projects that require a subsidy to audit their project.
- A list of auditors will be approved into the program, and auditing firms are also invited from the ADPC’s Security Subsidy Fund to apply for the program.
- Arbitrum Audit Committee will include membership of Arbitrum Foundation, Offchain Labs, a technical expert elected by the DAO, and a team member from the OpCo (when operational).
Abstract
It is industry…