Overview
- The project announced its revival on X with the message "TheDAO is back," signaling a new chapter nearly a decade after the 2016 exploit.
- Reports indicate more than 70,500 ETH—cited by some as 75,000 ETH—will be redeployed into a fund valued at roughly $220 million.
- $13.5 million is earmarked for security grants to be distributed via DAO processes including quadratic funding, retroactive public goods funding and ranked‑choice RFPs under The DAO Fund.
- The remaining 69,420 ETH is planned to be staked on Ethereum’s Beacon Chain to create an endowment expected to generate about $8 million annually at current rates.
- Coverage from Unchained, CoinDesk and CoinCentral reports involvement or talks with Vitalik Buterin and the Ethereum Foundation, though formal confirmations from all parties have not been issued.