{"id":93726,"date":"2026-01-29T21:09:48","date_gmt":"2026-01-29T18:09:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=93726"},"modified":"2026-01-29T21:10:38","modified_gmt":"2026-01-29T18:10:38","slug":"ethereum-team-revives-thedao","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-team-revives-thedao\/","title":{"rendered":"Ethereum Team Revives TheDAO"},"content":{"rendered":"<p>Key members of the Ethereum team have revived the project TheDAO, which was hacked in 2017, to support the network.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">TheDAO is back. BULLISH<\/p>\n<p>A decade later, we\u2019re opening a new chapter.<\/p>\n<p>TheDAO Security Fund: activating 75,000+ ETH to strengthen Ethereum security.<a href=\"https:\/\/t.co\/VV3cH313TE\">https:\/\/t.co\/VV3cH313TE<\/a> <a href=\"https:\/\/t.co\/1Sf3g7xUWv\">pic.twitter.com\/1Sf3g7xUWv<\/a><\/p>\n<p>\u2014 thedao.fund (@thedaofund) <a href=\"https:\/\/twitter.com\/thedaofund\/status\/2016898906915811488?ref_src=twsrc%5Etfw\">January 29, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTheDAO is back. [\u2026] A decade later, we\u2019re opening a new chapter,\u201d the publication states.\u00a0<\/p>\n<\/blockquote>\n<p>According to the initiative, the organization is being repurposed into a blockchain security fund worth $220 million. It will be financed by approximately 75,000 ETH left unclaimed since the attack.<\/p>\n<p>About $13.5 million will be allocated for grants to third-party developers. Distribution will occur through <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">DAO<\/a> mechanisms.\u00a0<\/p>\n<p>The remaining amount will be directed into <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a>. It is expected that the lock-up will yield approximately $8 million annually at the current ETH rate.\u00a0<\/p>\n<p>TheDAO fund manages assets from two sources:<\/p>\n<ul class=\"wp-block-list\">\n<li>~70,500 ETH from the ExtraBalance contract, whose participants can claim a portion of the assets;<\/li>\n<li>~4,600 ETH (DAO and ETH) from the TheDAO Curator Multisig multisig wallet.<\/li>\n<\/ul>\n<p>New curators of the project include some core Ethereum developers, including Vitalik Buterin, and members of other teams.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"645\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d29164e246f34a4b-4924668665545199-1024x645.png\" alt=\"image\" class=\"wp-image-274251\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d29164e246f34a4b-4924668665545199-1024x645.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-d29164e246f34a4b-4924668665545199-300x189.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-d29164e246f34a4b-4924668665545199-768x484.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-d29164e246f34a4b-4924668665545199.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">TheDAO curators. Source: TheDAO blog.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe goal of TheDAO fund is to make Ethereum so secure that it is more advantageous to store your savings in a DeFi protocol than in a bank,\u201d representatives of the organization concluded.\u00a0<\/p>\n<\/blockquote>\n<p>Earlier in January, amid low fees, activity on the Ethereum mainnet <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-activity-surpasses-l2-networks-following-fusaka-update\">surpassed<\/a> that of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">layer-two solutions<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key members of the Ethereum team have revived the project TheDAO, which was hacked in 2017, to support the network.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Ethereum team revives TheDAO to bolster network security.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[80,46,427],"class_list":["post-93726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dao","tag-ethereum","tag-the-dao"],"aioseo_notices":[],"amp_enabled":true,"views":"161","promo_type":"1","layout_type":"1","short_excerpt":"Ethereum team revives TheDAO to bolster network security.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=93726"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93726\/revisions"}],"predecessor-version":[{"id":93727,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93726\/revisions\/93727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=93726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=93726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=93726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}