By way of its collaboration with Immunefi, The Graph will reward whitehat hackers with payouts from $5k to $2.5M for locating bugs starting from low severity to important
Blockchain indexing and querying protocol The Graph introduced yesterday the launch of its record-breaking bug bounty program, which can see the most payout of $2.5 million — the biggest lively safety bounty on this planet.
The Graph permits information to be remodeled, organized, and shared throughout purposes via the construction and publishing of open APIs known as subgraphs. This information can rapidly and reliably be queried by decentralized purposes (dApps) on networks comparable to Ethereum, IPFS, Avalanche, and Celo.
On the whole, The Graph helps information querying on 22 totally different networks, and greater than 18,000 subgraphs have been deployed to date by about 20,000 builders. These subgraphs are utilized for purposes together with Balancer, Synthetix, Uniswap, Aave, and Decentraland.
The Graph’s bug bounty program is being launched with the collaboration of bug bounty platform Immunefi, which makes a specialty of good contracts and Web3 tasks. The platform has already paid whitehat hackers greater than $3 million in bounties by enabling them to evaluate code and disclose vulnerabilities.
Immunefi’s Founder and CEO, Mitchell Amador, mentioned, “Final 12 months greater than $200 million was stolen by hackers via DeFi exploits and hacks, and this certainly calls into query the effectiveness of conventional safety strategies. We at Immunefi try to guard tasks towards good contract hacks by serving to create, run, and promote the greatest follow bug bounty packages. We’re enthusiastic about this historic collaboration with The Graph.”
Low severity degree bugs will earn their finders payouts of $5,000 in GRT, whereas finders of important bugs can earn $2.5 million, in keeping with the Immune Vulnerability Severity Classification System. The Graph goals to mitigate dangers to its ecosystem, comparable to publicity of personal data and lack of consumer funds.
Director of The Graph Basis, Eva Beylin, commented, “We’re actually excited to be working with our neighborhood and the Immunefi workforce on this historic bounty. The Graph Basis is able to make investments into making the subsequent technology of Web3 infrastructure safer and dependable for our developer neighborhood — we’re prepared and prepared to incentivize world-class engineers to assist us to accomplish this imaginative and prescient.”
