New Bug Bounty Alert: Welcome PonySwap

A new bug bounty partnership begins! We are thrilled to welcome Ponyswap to the Hats ecosystem.

This partnership will add an extra layer of security to their smart contracts by creating a decentralized bug bounty vault that will reward ethical hackers for identifying vulnerabilities in the Ponyswap contracts.

In their ongoing efforts to prioritize security, Ponywap has pledged 30K $PNS towards their bug bounty, which will be used to pay vulnerability disclosures. Community members and stakeholders that support Ponyswap’s growth by depositing $PNS in their bug bounty vault will be able to eventually earn $HATS (not available yet) for their contribution.

About Ponyswap

PonySwap is the latest DeFi DEX aggregator that runs on the Arbitrum One network. The platform offers an exceptional yield farming experience, allowing users to deposit their tokens into PonySwap’s applications for trading, staking, and liquidity provision. By doing so, they can earn PonySwap tokens.

Ponyswap is facilitating loads of possibilities on the Arbitrum One network. When using the DEX, users can trade tokens without the need for a centralized exchange. Every transaction is routed directly through their smart contracts.

About Hats Finance

Hats Finance is the first of its kind, community-owned and decentralized bug bounty protocol. 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 raise awareness on the importance of security in crypto while encouraging white-hat hacker involvement

Learn more about the Hats mechanism here and deposit in the Ponyswap’s bug bounty through the Hats dApp.