Sovryn, the bitcoin-based defi protocol, offers 1,25 million USD for white-hat hackers as bug-bounty. They have to search for vulnerabilities in the protocol’s smart contracts. Until now, this is the biggest reward for this kind of work in the crypto-industry.
There was a governance voting in the Sovryn’s community, and the proposal about the bounty passed with clear 100%. This amount of money will motivate thousand of cybersecurity experts to dig deep into the code. As a result, the protocol will be the most secure in the whole defi sector.