Vulnerability Reward Program Launched By DEX DeGate and Imunefi: A Guide

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

If you are a hacker who is always looking for new opportunities to put your skills to the test while earning some cash, then you must have heard about vulnerability reward programs. These programs invite hackers to find and report potential security vulnerabilities in various platforms and in turn reward them with hefty sums of money. And the latest platform to join the league is DEX DeGate, an order book based on ZK Rollup, that collaborated with the vulnerability reward platform Imunefi to launch a vulnerability reward program on April 7th. Let’s dive in and know more about it!

Table of Contents

– What is a vulnerability reward program?
– What is DEX DeGate?
– What is Imunefi?
– What is ZK Rollup?
– The $1.1 Million Reward Plan
– The Rewards of Different Measurement Standards
– Imunefi Vulnerability Severity Classification System
– Conclusion
– FAQs

What is a vulnerability reward program?

Vulnerability reward programs (VRPs) are security initiatives launched by tech platforms to encourage security researchers and ethical hackers to find and report potential security vulnerabilities that could be exploited by attackers. Participating researchers can earn financial rewards for identifying legitimate vulnerabilities.

What is DEX DeGate?

DEX DeGate is an order book based on ZK Rollup, a layer 2 scaling solution that allows high throughput and low-cost trading. DEX DeGate is currently in the final stage of development and is expected to launch soon. Once launched, DEX DeGate will offer traders a secure, cost-effective, and fast trading solution while maintaining the decentralization and security of the Ethereum network.

What is Imunefi?

Imunefi is a vulnerability reward platform that helps bridge the gap between cybersecurity researchers and companies looking for professional help in identifying and fixing potential security vulnerabilities. It provides multiple benefits, including a team of security experts to support customers’ security initiatives, an extensive database of ethical hackers, and guaranteed vulnerability discovering on their clients’ assets.

What is ZK Rollup?

ZK Rollup is a Layer 2 scaling solution that can bundle hundreds of transfers into a single transaction, which can be verified quickly and securely on the Ethereum blockchain. It allows for faster, more secure and more cost-effective transactions.

The $1.1 Million Reward Plan

On April 7th, DeGate collaborated with Imunefi to launch a $1.1 million vulnerability reward program, inviting security researchers and hackers to find and report potential security vulnerabilities in its smart contracts, ZK Rollup circuits, websites and applications, as well as specific parts of its APIs and SDKs. The reward plan will start on April 7th and continue until the release of the Mainnet Beta on the DeGate main network.

The Rewards of Different Measurement Standards

DeGate’s vulnerability reward plan includes different measurement standards for different types of vulnerabilities. If a hacker discovers a critical vulnerability that can compromise DEX DeGate’s security, they will be rewarded with $1.1 million. For less critical vulnerabilities, the reward will depend on the severity of the vulnerability identified by the Imunefi vulnerability severity classification system.

Imunefi Vulnerability Severity Classification System

Imunefi’s vulnerability severity classification system is a framework that Imunefi uses to assess the severity of identified vulnerabilities. It has five stages of severity: low, medium, high, critical, and urgent. Rewards for the vulnerability discovered will depend on the severity of the identified vulnerability according to the Imunefi severity classification system.

Conclusion

The Vulnerability Reward Program by DEX DeGate and Imunefi is an excellent opportunity for ethical hackers and security researchers seeking to showcase their skills and earn rewards while identifying potential security risks. With more businesses deploying VRPs like this, the security of digital platforms becomes more resilient, enabling safe and efficient trading for all.

FAQs

**Q1) Can anyone participate in the Vulnerability Reward Program?**
Yes, anyone with the necessary skills to identify and report potential security vulnerabilities can participate in the program.
**Q2) What if someone reports a vulnerability that has already been reported?**
Duplicate submissions will not be considered, and rewards will be given to the first reporter of each vulnerability.
**Q3) How to participate in the Vulnerability Reward Program by DEX DeGate and Imunefi?**
Participants can directly join the program by registering on the Imunefi platform and providing the necessary details.