The DAO restarts 75,000 ETH as a long-term Ethereum security fund
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According to The Block, The DAO will repurpose over 75,000 unclaimed ETH as a long-term Ethereum Security Fund to support security research within the Ethereum ecosystem. The fund will stake the above ETH, generating an annual yield of approximately 8 million USD to support security research, tool development, and emergency response. It will be managed by seven curators including Vitalik Buterin, and will operate in coordination with the Ethereum Foundation's Trillion Dollar Security project.
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