New Bug Bounty Alert: Welcome Solace Finance!

After an exciting partnership announcement, we welcome Solace Finance as the newest bug bounty vault! We thank the team for trusting us and going the extra mile to further their security and those they interact with.

Two months ago, we started a conversation with Nima, Head of Growth at Solace, about sharing the importance of insurance in the security space. That later developed into our first ever web3 security podcast episode! Today, that partnership has developed into their own bug bounty vault to protect Solace smart contracts and reward vulnerability disclosure. The bug bounty will consist of $SOLACE tokens towards white hats and security researchers that successfully find vulnerabilities in their smart contracts.

About Solace Finance

Solace is an insurance DApp that builds coverage products for smart contract exploits. Solace’s mission is to make DeFi insurance a trustworthy, scalable, and transparent experience. The $SOLACE token powers the Solace DAO, so community members can take part in the development and governance of the protocol. In addition to providing insurance, Solace works closely with DeFi security solutions to increase the protective and preventive measures against smart contract hacks.

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.

You can learn more about our ongoing partnership with Solace Finance here, or visit the Hats Finance dApp to engage in the protection of Solace smart contracts