According to Jinse Finance, the Arbitrum Foundation has announced the launch of a network security audit subsidy program following approval from the ArbitrumDAO proposal. Over the next 12 months, the program will allocate 30 million ARB tokens (approximately $14 million) to fund smart contract security audits for blockchain projects built on the Arbitrum network. The program primarily targets two types of projects: early-stage projects with product-market fit and mature projects planning significant upgrades. Project teams are required to use security audit firms from a pre-approved list of auditing institutions, which will be published later this week.