At Inverse Finance, our commitment to security continues to evolve as the DeFi landscape advances. Today, we're thrilled to announce a major update to our Bug Bounty Program on the Immunefi platform: almost-doubling our maximum bounty reward to 80,000 DOLA!
Max Bounty to 80,000 DOLA
Our bug bounty program, which launched in partnership with Immunefi in 2023, has proven highly effective at encouraging responsible disclosure of vulnerabilities. To further this mission, we are now increasing the maximum bounty size from 50,000 DOLA to 80,000 DOLA. This increase follows a previous increase from 40,000 to 50,000 DOLA and underscores the value we place on the work of whitehat security researchers.
By providing higher rewards, we aim to attract even more talented individuals to help safeguard Inverse Finance, ensuring our platform remains resilient against a wide array of threats.
Committing to a Decentralized Vault
In addition to increasing the max bounty, we are proud to share that Inverse Finance has committed these funds to a decentralized vault on Immunefi. These vaults are designed to publicly showcase the assets set aside for bounty rewards, providing greater transparency and reassuring whitehat security researchers that projects have the resources to pay out advertised bounties.
With this, Inverse Finance vault’s TVL now ranks #4 out of 338 bounty programs on Immunefi. Decentralized vaults have the added benefit of acting as a driver for improved SEO visibility within Immunefi’s general dashboard, so we expect to receive even more high quality submissions as a result.
As we continue to build trust with the security community, we believe this initiative will help foster even more impactful collaboration. Stay tuned for more updates as we continue to enhance the security of Inverse Finance.
