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DeGate and Immunefi Launch Vulnerability Reward Program Today

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On April 7th, it was reported that DEX DeGate, an order book based on ZK Rollup, collaborated with the vulnerability reward platform Imunefi to launch a vulnerability reward progra

DeGate and Immunefi Launch Vulnerability Reward Program Today

On April 7th, it was reported that DEX DeGate, an order book based on ZK Rollup, collaborated with the vulnerability reward platform Imunefi to launch a vulnerability reward program, inviting hackers to discover potential security vulnerabilities. The plan will pay a bounty of $1.1 million to hackers who discover major vulnerabilities. The plan includes vulnerability rewards of different measurement standards for DeGate smart contracts, zero-knowledge proof (ZKP) circuits, websites and applications, and separate parts of APIs and SDKs. DeGate will reward hackers who discover critical vulnerabilities with $1.1 million, and evaluate the impact of vulnerabilities based on the Imunefi vulnerability severity classification system to reward other vulnerability discoverers. The vulnerability reward plan will start on April 7th and continue until the release of the Mainnet Beta on the DeGate main network.

DeGate and Immunefi Launch Vulnerability Reward Program Today

I. Introduction
A. Explanation of the collaboration between DEX DeGate and Imunefi
B. Overview of the vulnerability reward program
II. Background on DEX DeGate and ZK Rollup
A. Explanation of DEX DeGate order book
B. Overview of ZK Rollup technology
III. Details of the vulnerability reward program
A. Different standards of vulnerability rewards for DeGate smart contracts, ZKP circuits, websites and applications, APIs and SDKs
B. Critical vulnerability rewards
C. Evaluation of vulnerabilities based on Imunefi’s severity classification system
D. Timeline of the vulnerability reward plan
IV. Benefits of vulnerability reward programs
A. Encouragement of ethical hacking
B. Promotion of cybersecurity
C. Cost-effective measures to improve security
V. Conclusion
A. Summary of the article
B. Final thoughts on the importance of such programs
VI. FAQs
A. What is DEX DeGate?
B. What is ZK Rollup technology?
C. Why are vulnerability reward programs important?

On April 7th, DeGate Launches $1.1 Million Vulnerability Reward Program

The world of cryptocurrency and blockchain is constantly evolving, and with it comes the need for better security measures. With many DeFi platforms and exchanges being targeted by hackers, the need for enhanced cybersecurity has become more critical than ever. In order to address these concerns, DEX DeGate, an order book based on ZK Rollup, has collaborated with the vulnerability reward platform Imunefi to launch a vulnerability reward program.
The vulnerability reward program is designed to incentivize ethical hackers to identify any potential security vulnerabilities in DeGate’s system. The program offers a total bounty of $1.1 million to hackers who are successful in discovering major security vulnerabilities in the platform. The bounty is subject to different measurement standards based on the type of vulnerability that is discovered. These standards are applicable to DeGate smart contracts, zero-knowledge proof (ZKP) circuits, websites and applications, and separate parts of APIs and SDKs.
In order to encourage more ethical hacking, DeGate has announced that it will reward those who are able to discover critical vulnerabilities with a payout of $1.1 million. Those who discover less critical vulnerabilities will be evaluated based on the Imunefi vulnerability severity classification system and will be rewarded accordingly.
The vulnerability reward program launched on April 7th and will continue until the release of the Mainnet Beta on the DeGate main network. The purpose of the program is to provide DeGate users with a secure and safe environment while also promoting security awareness in the blockchain community.
DEX DeGate is an order book that operates on ZK Rollup technology. ZK Rollup is a layer-two scaling solution for blockchains that allows for faster and cheaper transactions without compromising on the security aspect. This makes DeGate a highly secure platform for decentralized trading of crypto assets.
Vulnerability reward programs have become an increasingly popular way for companies and organizations to incentivize ethical hacking and improve their security measures. By offering a reward for discovering vulnerabilities, companies can effectively identify and address any potential security risks before they become a larger problem. These programs not only promote cybersecurity but also provide a cost-effective measure to improve security.
In conclusion, the partnership between DeGate and Imunefi to launch the vulnerability reward program is a positive development for the DeFi industry. The program offers an innovative solution to enhancing security while incentivizing ethical hacking. Such programs are essential for establishing trust in the blockchain community and ensuring the protection of users’ assets.

FAQs

What is DEX DeGate?

DEX DeGate is an order book designed for decentralized trading of crypto assets. It operates on ZK Rollup technology, which provides it with a highly secure platform for trading.

What is ZK Rollup technology?

ZK Rollup is a layer-two scaling solution for blockchains. It is a highly secure technology that allows for faster and cheaper transactions without compromising the security aspect.

Why are vulnerability reward programs important?

Vulnerability reward programs incentivize ethical hacking and promote cybersecurity. They provide a cost-effective measure to improve security and identify and address potential security risks before they become larger problems.

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