Cardano’s first NFT lending platform, Aada Finance, has launched a pre-mainnet bug bounty program.
Aada Finance is hosting a bug bounty contest where it will offer big prizes to white hat hackers ahead of its mainnet launch scheduled for September 13.
Aada Finance Announces Bug Bounty Program
Aada Finance announced in a blog post that it has launched a bug bounty program for a critical smart contract vulnerability.
The company posted on its Twitter account, “We have announced the Bug Bounty Program, which is a big reward for white hat hackers. We were wondering, do any of you know coding?” he shared. The program post in the post contains information about the contest rules and awards.
🕷 or 🔐 We announce Bug Bounty Program, big reward for white hat hackers
We were wondering, any of you guys know how to code?
Read more about incentives: https://t.co/OGZ6TZzJDE— Lenfi (@LenfiOfficial) September 8, 2022
As per the post, Aada Finance aims to provide efficient lending and borrowing principles of V1 dApp to Cardano as we get closer to mainnet launch.
The subject of the competition is as follows:
- Theft of any amount of principal, freezing and any system vulnerabilities that could endanger users’ funds.
Aada Finance also stated that the reward for the critical smart contract vulnerability worth $25,000 will be paid by its own team, and payments will be made in AADA tokens.
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