Binance Smart Chain based Project Bug Bounty Program

A bounty program  is currently running by Immunefi. They aimed to encounter all possible bugs from the BSC based on all projects.

In the present time, huge Defi attack can be seen in space. And it seems that it became a very usual thing for the DeFi based platform to get exploited by the hackers. So to eliminate the risk associated with the defi based projects specially built on Binance smart chain. 

Immunefi launched a bug bounty program. They are allowing everyone to contribute to this initiative. Immunefi is specially targeting those bugs of the DeFi projects which are on the Binance smart chain. 

So if any user will encounter or identify the bug from the DeFi projects on BSC, then he will get paid for giving information.

BinanceSmartChain twitter account shared this initiative of Immunefi and said that this will attract huge numbers of white hat hackers. And also they will give a reward of a total of 50% for eligible responsible disclosure.

It should be noticed here, Binance was already running a bounty bug program to detect bugs for the Binance smart chain coding reliability. This is probably a big indication that Defi based platforms have a measurable future. Because many years have already passed in this space for Defi but still huge Defi attacks are a clear hint that Defi is still full of bugs. A latest hack on Cream finance is an example of how hackers easily drained funds without leaving a trace.

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