Arbitrum Foundation Plans to Allocate $14 Million Worth of ARB to Subsidize Security Audits for Network Projects

Foresight News reports, according to The Block, that the Arbitrum Foundation plans to allocate $14 million worth of ARB tokens to subsidize the security audit initiative for blockchain projects on its network, known as the "Arbitrum Audit Program." Following approval of the proposal by ArbitrumDAO, the program will distribute 30 million ARB tokens over a 12-month period.