Areta Led the Design, Management, and Execution of the Arbitrum Security Services Subsidy Fund

Areta Led the Design, Implementation, and Operation of the Security Services Subsidy Fund

Jul 21, 2024

Areta Led the Design, Management, and Execution of the Arbitrum Security Services Subsidy Fund

Areta Led the Design, Implementation, and Operation of the Security Services Subsidy Fund

Jul 21, 2024

Summary

Strategic Governance
Press Release
Commercial & Growth Strategy

Arbitrum DAO launched the $2.5M Security Services Subsidy Fund (SSSF) to subsidize the cost of security services for Arbitrum ecosystem projects.

Areta led the program’s design, management and execution.

Key Stats

  • Up to $2.5M security subsidy program launched.

  • 20+ projects supported.

  • 50+ subsidy applications received.

  • Expansion into $10m audit program.

As part of the Arbitrum DAO Procurement Committee (ADPC), Areta led the program's design and execution, structuring eligibility requirements, whitelisting security service providers, managing applications, and ensuring service delivery to subsidy recipients.

The SSSF subsidized security services for 22 projects from a total of 56 applicants. Notably, 36% of selected grantees had never conducted an audit before, demonstrating the program’s success in broadening security access. The SSSF also helped attract new projects to Arbitrum, with 78.6% of applicants indicating that the program influenced their decision to deploy on the network.

Following the program’s success, the Arbitrum Foundation expanded the SSSF into a $10M audit program in 2025, establishing the program as one of Arbitrum’s core ecosystem support initiatives.

Read the Outcome Report here.

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