Sweatcoin partners with Immunefi to enhance smart contract security
Sweatcoin collaborates with Immunefi to offer rewards for discovering issues in smart contracts, further enhancing the security of the ecosystem.Author: Sweatcoin
Compiled by: ChainCatcher
We continue to strengthen our security against malicious actors, and we are partnering with Immunefi to offer rewards for discovering any issues in our smart contracts.
While Sweat Economy always prioritizes security through rigorous internal development processes and code reviews, our partnership with Immunefi will further enhance the ecosystem in the coming months as we roll out new features and services.
We will reward white hats who discover issues or vulnerabilities in our smart contracts.
Our bug bounty with Immunefi covers the $SWEAT smart contract, rewarding the discovery of "high" and "critical" threats (explained below).
The threat levels for these assets are classified on a simple 5-level scale, from "none" to "critical." You can find more information and details in the updated Immunefi documentation.
The maximum reward for critical threats is up to $2 million.
The following key impacts on the $SWEAT smart contract are considered within scope:
You can find more details on how to submit your findings here: https://immunefi.com/bounty/sweateconomy/
Sweat Economy firmly believes that this partnership will strengthen our ecosystem as we add another layer of security, collaborating with the community and developers to ensure everyone can safely and reliably engage with cryptocurrency projects.
Immunefi is the leading bug bounty platform for smart contracts and DeFi projects, where security researchers can review code, disclose vulnerabilities, get rewarded, and make crypto safer. Immunefi eliminates security risks through bug bounties and comprehensive security services.
Launched on December 9, 2020, Immunefi focuses on blockchain and smart contract security. We provide bug bounty hosting, consulting, vulnerability classification, and program management services for blockchain and smart contract projects.
The bug bounty program is an open invitation to security researchers to discover and disclose potential vulnerabilities in project smart contracts and applications, thereby protecting the project and its users. For their outstanding work, security researchers are rewarded based on the severity of the vulnerabilities determined by the affected project.
Why have a bug bounty program? In 2020 alone, hacker attacks and scams caused the DeFi community to lose over $238 million, and bug bounties can prevent these attacks from occurring. Bug bounty programs expose vulnerabilities so they can be fixed before they are exploited by malicious hackers that could damage projects and reputations.
