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Web3 vulnerability bounty platform Immunefi has launched an on-chain treasury system.
Web3 vulnerability bounty service Immunefi has launched its on-chain treasury system. Immunefi stated that the on-chain treasury is built using Safe (formerly known as Gnosis Safe) and can hold bug bounties in stablecoins, Ether, or any asset listed on Uniswap. This move aims to promote greater transparency and trust among platform participants, allowing cryptocurrency projects to store assets in their own sovereign treasury to pay bug bounties to security researchers. According to the Immunefi website, these rewards are provided in the form of USDC. |
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