Overview
- About 75,000 ETH from an unclaimed ExtraBalance contract and a curator multisig will seed the new DAO Security Fund.
- Approximately 69,420 ETH will be staked to generate an estimated $8 million in annual yield while preserving principal.
- Roughly $13.5 million is allocated for immediate security grants using DAO-native processes such as quadratic and retroactive funding with ranked-choice RFPs.
- Governance features independent operators like Giveth, eligibility set by the Ethereum Foundation, and curators including Vitalik Buterin, Taylor Monahan, and Alex Van der Sande.
- Funds will support audits, infrastructure, incident response, and user protection across mainnet and layer-2 networks, with the revival announced by TheDAO account and detailed by Unchained.