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Bancor Launches a Bug Bounty for the Bancor v2

Bancor Launches a Bug Bounty for the Bancor v2

As the launch of Bancor v2 draws near, the Bancor team has launched a Bancor v2 Bug Bounty. They are inviting the community and those who can to look up the codes of the V2 and to report any vulnerability in the Bancor Smart Contract. 

The Bancor team also has third parties who are currently auditing the code and this bounty is to make sure that there are more than enough eyes on the Bancor Protocol Smart Contract relaxed on Friday. 

The Bug Bounty will run until July 30th for the first stage, any bugs that are discovered within the first two weeks (16th to 30th of July) are entitled to a 20% bonus. After the first set, those who discovered bugs within the first two weeks of the program, the bug bounty will be extended but rewards will lower to $45,000.

Rewards

Rewards will be determined based on the impact of the discovered vulnerability as well as the level of difficulty in reproducing the vulnerability. 

The category of rewards within the first two weeks. 

Rewards within 2 weeks of program 

Critical : Up-to $54,000

High : Up-to $14,400

Medium : up-to $4,800

Low : up-to $1,800.

You can see the other rewards here

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