Uniswap Labs Expands Bug Bounty Program to Enhance Protocol Security

IconCryptoNewsTerminal Staff19 Jul, 2024

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Uniswap Labs Expands Bug Bounty Program to Enhance Protocol Security

Uniswap Labs, the team behind the popular decentralized exchange Uniswap, has announced the expansion of its bug bounty program in collaboration with Web3 security firm Cantina. This move is a testament to Uniswap's commitment to maintaining the security of its protocol and protecting user funds. The expanded bug bounty program offers rewards of up to $2.25 million to individuals who discover and report vulnerabilities in the Uniswap protocol. This includes vulnerabilities in Uniswap's smart contracts, core protocol, and periphery contracts. Uniswap Labs has partnered with Cantina to ensure a rigorous and transparent vulnerability reporting process. The expansion of Uniswap's bug bounty program is a significant step towards enhancing the security of the decentralized finance (DeFi) ecosystem. By offering substantial rewards to security researchers, Uniswap Labs is encouraging the identification and resolution of potential vulnerabilities before they can be exploited. Overall, Uniswap Labs' expanded bug bounty program is a positive development for the DeFi industry. By promoting responsible disclosure and rewarding security researchers, Uniswap Labs is fostering a collaborative environment that prioritizes the protection of user funds.