ADPC Subsidy Fund Update
Subsidy Allocation Announcement
We’re pleased to announce the completion of the Security Services Subsidy Fund allocation. The ADPC has distributed USDC 1,911,806 from the total fund of USDC 1,918,000 (99.7%) to support security audits for 22 promising Arbitrum projects.
Selection Process
The evaluation process began with 56 applications, which were assessed using the Means Test criteria. We shortlisted 25 projects, with 22 moving forward after 3 withdrew. Projects were then classified into four tiers based on their Means Test scores:
- Tier 1 (Score ≥ 7.5): 70% audit fee subsidy
- Tier 2 (Score 7-7.49): 60% audit fee subsidy
- Tier 3 (Score 6.5-6.99): 55% audit fee subsidy
- Tier 4 (Score ≤ 6.49): 47% audit fee subsidy
All shortlisted projects published their security requirements on the ADPC marketplace, where the 9 whitelisted security providers submitted 152 competitive offers. This transparent process enabled projects to evaluate and select the most suitable service provider. The ADPC maintained oversight to ensure marketplace compliance throughout the process.
Selected Projects
We’re proud to announce the following successful applicants (in alphabetical order):
- Arb Staking
- Aspis Protocol
- Bear Protocol
- Cod3x
- Collar Protocol
- D2 Finance
- DAMM Capital
- DIVA Donate
- Gamma Strategies
- Gifted
- GMX
- Juicebox V4
- Millicent One
- MUX Protocol
- NashPoint
- Nex Protocol
- SatsBridge
- StableUnit
- Takadao
- Umami Finance
- Variational
- Velvet Capital
Next Steps
Upon completion of necessary documentation, subsidy payments will be transferred directly to the selected auditing firms.