Arbitrum Audit Program

I’m voting FOR this initiative. This is one of those proposals that empower startup apps that need those audits to start operating and polishing their code bases from vulnerabilities. However, I propose two changes to the current proposal:

First, while I understand the necessity of exchanging Arbitrum for USD to pay for auditing services, exchanging the $10 million in one swoop seems excessive. It can be done in three or four tranches whenever necessary, avoiding putting more selling pressure on the market.

Also, I suggest contacting already-known auditors from large firms for this task and negotiating a price for bulk operations.

If done correctly, this could help several projects to get their first leg up in defi, expediting processes that could take a considerable amount of time when done via individual proposals.