Enzyme revamps bug bounty program with up to $250,000 USDC in rewards with Immunefi
Today, Enzyme is reviving its bug bounty program in collaboration with Immunefi. This will be one of the largest bounties in DeFi for critical vulnerabilities on Enzyme Finance smart contracts.
The new program more than doubles the rewards at each threat level making the bug bounty one of the most attractive out there in DeFi. This isn’t a coincidence. The Enzyme team take security very seriously and want to make sure that white hats are sufficiently incentivised and recognised for their efforts.
Earn Rewards by threat level
Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System. This is a simplified 5-level scale, with separate scales for websites/apps and smart contracts/blockchains, encompassing everything from consequence of exploitation to privilege required to likelihood of a successful exploit.
Smart-contract rewards
Website/App rewards
Our joint mission in co-launching this program is to protect Enzyme users by revealing smart contract vulnerabilities before they get exploited.
We strongly encourage devs and security researchers to look through the code, find vulnerabilities, build rep, and get paid.
About Immunefi
Immunefi is the leading bug bounty and security services platform for DeFi, where projects can secure their code and whitehats keep funds safe. Immunefi protects over $5 billion in user funds and has paid out millions of dollars in bug bounties, including the biggest bug bounty in history ($1.5m). Immunefi’s community of proven whitehat hackers, war room and crisis management expertise, and industry-leading secure disclosure platform make Immunefi a core part of the security stack for DeFi’s leading projects, such as Synthetix, SushiSwap, PancakeSwap, and BadgerDAO.
Immunefi has a growing community of white hat hackers that have been successful in finding, disclosing, and then assisting to repair catastrophic vulnerabilities, including one which CoinDesk covered, leading to a positive reputation boost for the project, as well as increased confidence in the platform by the community.
To get started, sign up for the Immunefi email list, join their Discord, follow their Twitter, and become part of the community of Hunters making crypto secure.
About Enzyme
Enzyme provides a fast & cost-effective way to build, scale and monetize investment strategies in the form of Vaults. The Vaults can interact with DeFi (DEX’s, AMM pools, lending, farming, etc) and can handle deposits, redemptions, live accounting, administration, operations and risk management. The goal is to provide a simple infrastructure for people to pool execution costs or delegate investment decisions to third parties. The protocol aims to protect against malicious actors draining the Vault or breaching their promise to depositors. Enzyme is a non-custodial solution which reduces the trust required between Vault Managers and Depositors through smart-contracts.
To learn more about Enzyme, join our Discord, Telegram or follow our Twitter, and become part of the community.
