DeFi platform Yearn Finance launches bug bounty program on Immunefi
Yearn Finance is a set of DeFi products that can provide loan aggregation, revenue generation and insurance on the Ethereum blockchain. It announced today that it has launched its bounty program with Immunefi, a leading bug bounty program platform Used for smart contracts and DeFi projects.
This Yearn Finance bug bounty includes bounties ranging from $100 to $200,000…
The size of the bounty payout depends on the assessment of the severity of the exploit. In addition, the Yearn team will investigate the possibility of the vulnerability having a meaningful impact on availability, integrity, and/or loss of funds. After considering this, the final decision on the payment amount will be made.
Please note that all expenditures will be supervised by Year Finance and paid in U.S. dollars.
Craving + immunity
In short, Immunefi enables security researchers to review code and disclose vulnerabilities while being paid. In addition, Immunefi enables companies to protect their projects with leading blockchain knowledgeable security talents.
Immunefi is the first company on the market to introduce extended vulnerability bounty standards and has established the largest community of security talents in the encryption field. Since its launch, Immenefi has paid white hat hackers more than $3,000,000 in bounty.
“Vulnerabilities in smart contracts represent the possibility of direct loss of funds; this means companies need to figure out the most cost-effective way to ensure their safety. One way is to launch a bug bounty program, and we are happy to see more The company turned to this option. We are proud that Yearn Finance has chosen us among other platforms and look forward to our cooperation.”
– Mitchell Amador, founder and CEO of Immunefi
Before joining Yearn Finance, Immunefi added many leading BSC projects to its bounty platform. These projects include PancakeSwap, Zapper, ApeSwap, PantherSwap, Value DeFI, DODO, etc.