Bug Bounty Alert: Welcome Raft Finance

HatsFinance
2 min readJun 6, 2023

Attention white Hats! A new challenge awaits you. Raft Finance has just launched a bug bounty program on Hats! This means that security researchers can earn generous rewards from a 2.5M $TEMP pool for their valuable efforts in the security space.

With our scalable and permissionless framework, bug bounty rewards have the potential to grow hand in hand with the project’s success. Dive into the Hats Mechanism and start bug hunting today!

Discover more: https://app.hats.finance/vaults

About the Raft Finance

On May 11th we launched an audit competition for Raft Finance. Due to this tremendous success, we have decided to continue our commitment to post-deployment security by introducing a bug bounty program. Dive deeper into the competition’s details by checking out our writeup.

Raft is a governance-minimized, decentralized protocol that allows people to generate R (a USD stablecoin) by depositing capital-efficient collateral. R is the first Ethereum USD stablecoin solely backed by stETH (Lido Staked Ether). R provides the most capital-efficient way to borrow against stETH collateral. R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg.

About Hats Finance

Hats Finance is the first of its kind. A web3 native security 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.

We are thrilled about our partnership with Raft Finance, and we remain committed to raising awareness about the paramount importance of protocol security in the crypto sphere. Join us today by depositing into any bug bounty or uncovering vulnerabilities.

Get started now: https://app.hats.finance/vaults

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HatsFinance

Hats.Finance a decentralized smart bug bounty marketplace. Permissionless, scalable, and open bug bounty protocol that allows anyone to provide liquidity.