Odaily News The Uniswap Foundation announced the first list of audit subsidy projects, including 9 projects including Bunni, Collar Protocol, Cork Protocol, Gamma, LIKWID, Lumis, Tenor Labs, Paladin and Unicord.
The subsidy comes from the $1.2 million Security Fund (UFSF) that the Foundation promised to Areta in October 2024 to provide security audit support to the Uniswap v4 Hooks development team.
Earlier news, the Uniswap Foundation allocated US$1.2 million to Areta for the Uniswap Foundation Security Fund to create a competitive audit and security services market and enhance the security and integrity of the Uniswap v4 hook developer community.
The Uniswap Foundation Security Fund aims to change the way projects building Uniswap v4 hooks access security audits. By creating a marketplace where vetted providers compete, the audit process is streamlined and overall costs are expected to be reduced. The marketplace will enable shortlisted projects to receive audit quotes from whitelisted providers, ensuring transparency and competitive pricing. Projects will then select providers and the Uniswap Foundation will subsidize the full cost of the audit for selected projects that qualify.