Bug bounties are an invaluable tool in any #DeFi protocol's security kit - but they're most effective as means to identify & fix
18 Mar 2023, 18:03
Bug bounties are an invaluable tool in any #DeFi protocol’s security kit - but they’re most effective as means to identify & fix vulnerabilities before a project is live.
Exploiters shouldn't be rewarded for committing malpractice; there's better ways.
7 out of the top 10 largest #DeFi exploits have happened on #audited smart contracts.
It's clear that smart contract audits are not working as a security measure in their current format.
But it does not have to be this way, let's discover how to change all these 🔽🧵