Bug Bounty Alert: Welcome Spiral DAO
GM Hatters! With great excitement we share our newest bug bounty program. Welcome to the Hats ecosystem, Spiral DAO!
Last month we shared a proposal with the SpiralDAO community with the objective to collaborate in the creation of an on-chain, non-custodial and scalable bug bounty program. The objective of the bug bounty vault is to incentivize responsible vulnerability disclosure and incentivize hackers/auditors to protect the SpiralDAO smart contracts. We received great feedback from the community, and they voted in favor to deposit 30K $SPR in their bug bounty program.
Our community oriented vaults allow community members to participate in the protection of Spiral DAO by depositing $SPR and in return earn $HATS (TGE is not live yet) Dive into the Hats Mechanism and start hacking today!
https://app.hats.finance/vaults
About SpiralDAO
Spiral DAO is a Decentralized Autonomous Organization (DAO) dedicated to acquiring the most relevant and important DeFi governance tokens within a single community-controlled DAO Treasury. Similarly to yield aggregators (such as Yearn, Beefy, and Harvest), Spiral DAO aggregates liquidity, but instead of continuously selling reward tokens from third-party protocols, Spiral DAO redirects and secures them within the DAO, thus reducing the selling pressure and circulating supply of tokens of the protocols it supports. Spiral DAO distributes native SPR reward tokens to its users, providing an additional yield boost and incentive for Liquidity Providers (LPs) to pool their liquidity and contribute their yield within the Spiral DAO treasury.
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 Spiral DAO 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:
