Floki Ecosystem Has Launched a $50,000 Bug Bounty Program on Immunefi

Exciting news! The Floki Ecosystem recently launched a bug bounty program on Immunefi, and they’re offering up to $50,000 for critical bugs!

The Floki Ecosystem is an innovative protocol offering a 3D NFT Metaverse, DeFi utilities, a crypto education platform, NFTs, a merchandise store, and more. The token linked to the project, FLOKI, is designed to work across multiple blockchains, including Ethereum and BNB Chain, as it meets the requirements of both ERC-20 and BEP-20 standards. FLOKI tokens are capable of being transferred between these chains, allowing FLOKI holders the flexibility to use either blockchain for managing and conducting transactions with their tokens.

And now, the Floki Ecosystem has wisely opted to leverage the security expertise of Immunefi. This comes after Web3 saw $53 million lost to hackers in the month of April, bringing total losses to more than $401 million in 2024 so far. This demonstrates that proactive measures are needed to enhance on-chain security and protect users’ funds.

Immunefi boasts the largest and highest-quality pool of security researchers in Web3, comprising over 45,000 experts who’ve prevented more than $25 billion in potential losses. Our talent is unmatched, with more than 1,000 researchers having identified bugs that could have resulted in losses of mainnet funds.

The Floki Ecosystem’s bug bounty program offers between $20,000 and $50,000 for critical threat level bugs, between $2,000 and $5,000 for high, $2,000 for medium, and $1,000 for low-impact bugs. For more information, please check Floki Ecosystem’s bug bounty page on Immunefi.