Astroport Boosts Bug Bounty to $3m, Takes Top Leaderboard Spot
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Astroport has just doubled its critical bug bounty reward from $1.5m to $3m, making it the largest bounty on Immunefi’s platform, beating TheGraph by a margin of $500,000.
Since Immunefi hosts the world’s largest bug bounties, this effectively means that Astroport has the largest bug bounty program in the world — and is proud of it.
The larger the bounties, the more it creates incentives for security experts, code reviewers, whitehats, and even blackhats to responsibly disclose vulnerabilities in smart contract code. If everyone does their part to raise the incentive to responsibly disclose, we’ll reduce the likelihood of hacks. Bug bounties operate like ongoing, distributed code reviews to do just that.
Since code is always changing and new vulnerabilities are always being discovered, big bug bounties are the best method to surface dangerous vulnerabilities in live code and get them patched. Together, we can save user funds.
And Astroport is clearly committed to taking security seriously with this mega $3m bounty.
“We’re excited to have one of our existing clients double their maximum critical reward to the highest possible payout on our platform,” said Travin Keith, co-founder of Immunefi. “We applaud the Astroport team for their dedication to security and to fairly compensate whitehats who find bugs that could impact a significant amount of user funds.”
We are thrilled about this collaboration with Astroport and encourage our Whitehat Army to start looking through the code, finding vulnerabilities, getting paid, and building rep.
To see more details on Astroport’s bug bounty program with Immunefi, see their bounty page here.
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