$USDC

Potential targets for the initiative:

1. Improve security auditing tools

Develop open-source tools to discover vulnerabilities in smart contracts.

2. Fund security teams

Provide grants or bounties to develop security solutions or to discover vulnerabilities (bug bounties).

3. Enhance cybersecurity education

Provide educational resources for developers to better understand security practices in application development on the blockchain.

4. Respond to attacks

Develop collective mechanisms for rapid response to attacks or vulnerabilities in the network or in popular protocols.