The Uniswap Foundation Awarded a $4.9 Million Grant to Areta to Manage the Security Fund
Areta Led the Management of the Uniswap Foundation’s $4.9 Million Security Fund
2024
Onchain Services
Commercial & Growth Strategy
The Uniswap Foundation awarded a $5 million grant to Areta to manage the Uniswap Foundation Security Fund (UFSF).
Key Stats:
$5M Audit Subsidy Program launched.
25+ projects supported.
30+ security providers whitelisted.
The UFSF launched as a $1 million pilot program and was then extended to a $4m program to subsidize up to 100% of audit costs for eligible projects building on Uniswap v4 hooks.
Areta's responsibilities included setting up and operating a curated marketplace of whitelisted security audit providers, managing the application process, and overseeing the subsidy program. This marketplace is live on marketplace.areta.io.
The UFSF has enhanced audit access for Uniswap hooks builders, lowered the barrier to secure launches, and strengthened the overall security of the ecosystem. To date, the UFSF has received 100+ subsidy applications and has awarded grants to 25+ projects.
Read the Uniswap Announcement below.
