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Crypto DeFi

Arbitrum Foundation Launches Security Program to Subsidize Smart Contract Audits

The Arbitrum Foundation announced the Arbitrum Security Program on September 29, offering smart contract audit subsidies to teams building on Arbitrum. The program covers applications on testnet, mainnet projects, projects migrating from other blockchains, and dedicated Arbitrum chains.

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AI take

Audit costs are a recurring barrier for smaller teams, so subsidizing them effectively lowers the cost of building and staying on Arbitrum. The inclusion of migrating projects and dedicated chains suggests the program is as much about attracting and retaining deployments as about security itself. Whether the subsidies translate into a measurable pipeline of audited projects, rather than one-off grants, is the open question.

Generated by AI for reference only.

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