Enzyme (previously Melon), a crypto-asset portfolio administration platform, introduced it’s restructuring its bug bounty program in collaboration with Immunefi, a bug bounty & safety companies platform.
With up to $250,000 USDC in rewards, this will probably be one of many largest bounties in DeFi for important vulnerabilities on Enzyme Finance sensible contracts.
Rewards by Threat Level
Rewards are distributed in accordance to the affect of the vulnerability primarily based on the Immunefi Vulnerability Severity Classification System.
This is a simplified 5-level scale, with separate scales for web sites/apps and sensible contracts/blockchains, encompassing every part from the consequence of exploitation to privilege required to the chance of a profitable exploit.
“Our joint mission in co-launching this program is to protect Enzyme users by revealing smart contract vulnerabilities before they get exploited. We strongly encourage devs and security researchers to look through the code, find vulnerabilities, build rep, and get paid.”
– The Enzyme Team