Jito, Solana’s leading liquid staking protocol, has partnered with Immunefi to launch the first-ever Jito Restaking Audit Competition. This competition starts on November 4th and is designed to rigorously test and secure Jito’s innovative staking protocol. Security researchers who uncover critical vulnerabilities can earn up to $150,000 in rewards.

Jito Restaking aims to revolutionize node consensus networks, providing flexible staking parameters, customizable slashing conditions, and tailored economic incentives. With Jito Restaking, node consensus networks can customize and token-wrap staked assets, issuing vault receipt tokens that enhance liquidity and composability. Jito’s unique design prioritizes security and flexibility, so the Audit Competition is crucial in ensuring the protocol’s launch is as secure as possible.

The competition will run on Immunefi, leveraging the platform’s robust crowd-sourced security model and large community of security researchers. Immunefi’s Audit Competitions are targeted, time-bound security audits that give top-tier security experts a chance to find critical vulnerabilities and help projects mitigate issues in real time. With over 45,000 researchers, Immunefi’s community has collectively prevented more than $25 billion in potential losses across Web3.

Key Details of the Jito Restaking Audit Competition

• Total Rewards: $150,000, distributed based on the severity and impact of reported bugs
• Scope of Assets: Smart contracts in Jito’s Restaking Core and Vault Core
• Restaking Core — 1,009 SLOC
• Restaking Program — 1,370 SLOC
• Vault Core — 3,356 SLOC
• Vault Program — 2,660 SLOC
• Platform: Solana

Rewards by Threat Level

Jito is committed to rewarding researchers based on the impact of their findings. The rewards pool will be distributed as follows:

• Critical severity bugs: Up to $150,000
• High severity bugs: Up to $112,500
• Medium severity bugs: Up to $75,000
• Low severity bugs or no bugs found: $37,500

This competition also accepts duplicates and private known issues, allowing security researchers to uncover insights into the codebase’s robustness. Researchers will be rewarded for identifying vulnerabilities that could lead to fund loss, impairment of functionality, or any adverse impact on the protocol or users.

About Immunefi Audit Competitions

Immunefi’s Audit Competitions offer a unique approach to on-chain security, combining the expertise of the largest Web3 security community with an agile framework for bug discovery. Through these competitions, projects can act on vulnerabilities in real-time, integrating necessary fixes without delaying launch timelines. Jito’s decision to partner with Immunefi reflects its commitment to launching a secure, reliable protocol that prioritizes user safety.

Join us in making Jito’s launch safer, more secure, and impactful for the Ethereum community. For more information on the competition, visit the contest page and review the detailed bounty terms to get started. This is your chance to contribute to securing a promising new staking protocol while earning rewards.

Let’s secure the future of staking — together!