MahaDAO opens Bug Bounty for Arth Loans

We are thrilled to welcome MahaDAO as the newest bug bounty vault in Hats Finance. Starting today, Maha DAO will open a bug bounty made of 10k $MAHA for their Arth Loan product. We invite security researchers and community members to get involved in the protection of Maha DAO’s contracts by disclosing a vulnerability or depositing it in their bug bounty vault. Security researchers that successfully find and responsibly disclose a vulnerability will receive a % of the bug bounty, as well as an exclusive NFT and access to our community of security researchers.

For more information about MahaDAO’s bug bounty, including the smart contracts in scope and prize distribution, you can read the bug bounty description here.

About MahaDAO

MahaDAO is a community-powered, decentralized organization on a mission to empower billions with a stable economy through the world’s first valuecoin, $ARTH. To do this, MahaDAO uses two tokens to achieve this vision — the governance $ARTH and $MAHA.

The Hats Solution

Hats is the first bug bounty of its kind. True to the Web3 ethos, Hats facilitates decentralized vulnerability resolution between white hats and projects in a fully permissionless manner. Because hacks and exploits can affect all project stakeholders, Hats creates a way for all users to get involved in the protection of protocols by providing liquidity to bug bounty vaults, and in return earn $HATS (not live yet). Community-owned bug bounties are transparent due to their permissionless and on-chain resolution capabilities. This adds a scalable aspect to bug bounties, in which rewards grow with the project’s success, token appreciation, and users’ trust