Ethereum Foundation unveils $1M audit subsidy program to boost crypto security and cut costs for builders

The Ethereum Foundation has launched a $1 million Audit Subsidy Program to address the high cost of smart contract security audits for crypto developers. This initiative partners with leading audit providers and ecosystem firms to lower financial barriers, making professional security reviews more accessible. The program is part of the foundation's broader Trillion Dollar Security Initiative, aimed at strengthening Ethereum's security as it scales. It connects builders with over 20 top-tier audit firms and introduces the "CROPS principles" (censorship resistance, open source, privacy, and security) to guide application development. Builders can submit projects for review, with selected teams receiving subsidies applicable to audit services through Areta's platform. The program is open to all Ethereum mainnet builders.

(Source：CoinDesk)