Bug Bounty Alert: Welcome Chicken Bonds
Attention white hats! Chicken Bonds just launched a bug bounty on Hats Finance. The team has allocated 43.7K $BLUSD to motivate skilled white hat hackers to report vulnerabilities in their codebase.
Thanks to our scalable and permissionless framework, bug bounty rewards can grow as the project flourishes. Dive into the Hats Mechanism and start hacking today!
https://app.hats.finance/vaults
About the Bug Bounty
Last year we created a bug bounty for Liquity, which eventually evolved into a more extensive collaboration with Chicken Bonds; one of their new, and innovative products.
Chicken Bonds is a novel bonding mechanism — first applied to Liquity’s LUSD. Chicken Bonds introduces a mechanism which allows protocols to bootstrap liquidity at minimal cost and provides better user protection than existing bonding alternatives. The bonding mechanism can be applied to yield-bearing tokens and an initial version has been implemented for Liquity’s stablecoin, LUSD, on the Ethereum mainnet (referred to as LUSD Chicken Bonds).
About Hats Finance
Hats Finance is the first of its kind. It is a community-owned and decentralized bug bounty protocol that encourages white hat hackers to contribute to projects’ security. Because security exploits affect all parties involved, Hats Finance facilitates community involvement by allowing users to provide liquidity to their favorite bounties and earn $HAT tokens (once they become available). We hope that by allowing community involvement we can join Chicken Bonds in raising awareness on the importance of protocol security in crypto, while encouraging white-hat hacker involvement.
Get involved today by depositing in any bug bounty or finding vulnerabilities:
