Escort Product Mainnet Launch: RAI Finance and Immunefi Co launch Bug Bounty Program
What is the Bug Bounty Program?
The DeFi market’s flourishing continues to affect the growth of the whole blockchain industry, accompanied by the inevitable negative news. To some extent, contract security audit and developer bug bounty programs serve as the first threshold to grasp the risk of smart contracts. Bug Bounty Program is an agreement provided by many websites, organizations and software developers. Through this program, bounty hunters who report bugs, especially security related bugs and vulnerabilities, can be recognized and rewarded.
RAI Finance’s official products are about to launch on the Polygon mainnet. In order to maximize the security of the mainnet products, in addition to the ongoing security audit, RAI Finance has officially reached a cooperation with the leading DeFi bug bounty platform Immunefi to co launch the Rai Finance Bug Bounty Program.
- Entrance: https://www.immunefi.com/bounty/raifinance
- Start time: 9:00 AM SGT November 12th
The first round of the Bug Bounty Program mainly tests the aggregation trading on Polygon, the function initiated by RAI Finance.
Escort Product Mainnet Launch
Through close cooperation with Immunefi and its wider open source security community, we have attracted professional developers and bounty hunters to continuously conduct in-depth testing on the products which will be launched to the mainnet, so as to timely identify and repair any bugs, threats and vulnerabilities found in the aggregate trading function of RAI Finance, especially those related to the security of user assets, Enhance the ease of use and security of RAI Finance products and escort the launch of RAI’s mainnet products.
As a leading decentralized financial bounty program platform, Immunefi has paid more than US $7,500,000 in total to protect assets worth more than US $2,000,000,000 from hacker attacks. At the same time, Immunefi has reached cooperation with well-known blockchain projects such as The graph, Polkastarter and Polygon. Its community gathers the most extensive and top developers and bounty hunters in the industry. The new bounty program, which RAI Finance cooperates with Immunefi, is bound to further expand RAI Finance’s global community, especially the developer community with code ethics and professionalism.
RAI Finance hopes to become an epicenter supporting Web 3.0 by developing new products and enhancing availability. RAI features social trading and strives to create a new decentralized financial (DeFi) service. In the bug bounty program, it will bring innovative product concepts and opportunities to try new technology possibilities to the developer community, which will enhance the influence of the brand and radiate and interact with the global community of Web 3.0, which will also be RAI Finance’s high hopes for the bug bounty program.
Immunefi is the go-to platform for DeFi projects looking to protect their code while also rewarding ethical hackers. To date, Immunefi has secured over $25 billion in customer funds while also rewarding bug bounty hunters with millions of cash, including the largest bug bounty in history ($2 million). For DeFi’s most important projects, Immunefi’s community of proven white hat hackers is essential to the security stack. Immunefi also has war room and crisis management skills as well as an industry-leading secure disclosure platform.
Official website: https://immunefi.com