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Home/Defi/Oasis Network Announces $100K Bug Bounty on Immunefi to Enhance Web3 Security
Oasis Network Announces $100K Bug Bounty on Immunefi to Enhance Web3 Security
DefiSecurity

Oasis Network Announces $100K Bug Bounty on Immunefi to Enhance Web3 Security

By Coin Gazette Editorial
February 21, 2024 2 Min Read
Comments Off on Oasis Network Announces $100K Bug Bounty on Immunefi to Enhance Web3 Security

The Oasis Network has taken a decisive step to fortify its Web3 security by launching a bug bounty program with a substantial reward pool of $100,000 USD. Hosted on Immunefi, the leading security services platform for the DeFi space, this initiative invites security researchers and ethical hackers to contribute to the network’s robustness by identifying and reporting potential vulnerabilities.

The bug bounty program is designed to incentivize security researchers and white-hat hackers to scrutinize the network’s protocols and smart contracts for potential vulnerabilities. Contributors who identify and report critical issues that could impact the network’s integrity or user funds are eligible for rewards. The bounty for critical vulnerabilities can reach up to $100,000 USD, reflecting the importance Oasis Network places on security.

Big news: We're launching a $100K USD bug bounty on @immunefi to bolster Web3 security!

By submitting valid reports and supporting the Oasis Network's safety and resilience, contributors can earn rewards up to $100,000 for critical issues

Learn more:https://t.co/wXp9caUGHA

— Oasis 🌹 (@OasisProtocol) February 20, 2024

By proactively seeking out vulnerabilities through this bug bounty program, Oasis Network demonstrates its commitment to security—a cornerstone in the rapidly evolving Web3 domain. The program aims to preempt potential exploits by harnessing the collective expertise of the cybersecurity community.

How to Participate

Interested participants can find detailed information and guidelines on the official Oasis Network blog and the Immunefi bounty page. The program is open to anyone with the necessary skills to uncover and document security issues, offering a unique opportunity to contribute to the safety of a leading blockchain network.

A Step Forward for Web3

The launch of this bug bounty program marks a significant moment for the Oasis Network as it seeks to lead by example in the Web3 security arena. With the promise of substantial rewards for critical discoveries, the initiative is poised to attract a diverse group of security professionals, further securing the network against potential threats.

For more information on the bug bounty program and how to contribute, interested parties are encouraged to visit the provided sources.

https://oasisprotocol.org/blog/100000-usd-bug-bounty-oasis-immunefi

https://immunefi.com/bounty/oasis

Tags:

blockchainbug bountyimmunefioasis networksmart contractsweb3 security
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