Usual teams up with Sherlock to launch the biggest bug bounty in crypto history

Stablecoin protocol used has teamed up with the security company Blockchain Sherlock to launch a $ 16 million bug bonus, exceeding the UNISWAP $ 15.5 million bonus, which was previously the most important in the industry.

Used has teamed up with Sherlock to launch a $ 16 million bug bonus aimed at identifying critical vulnerabilities in its code base, as originally reported by the block. The premium, organized on the Sherlock platform, will only reward the results which present a defined and significant risk of loss of funds or frost for more than a year, without external conditions.

The code of code of habit has already undergone 20 audits, including a recent Sherlock audit competition with a prize pool of $ 209,000, without vulnerabilities found.

Great value bug bonuses become a trend in the safety of cryptography. Recently, Sonic Labs has teamed up with Immunfi offer a bonus of $ 2 million, while compound finance spear A program of $ 1 million, also with a partnership with IMMUNEFI.

In November 2024, Uniswap Labs (UNI) spear A $ 15.5 million bug bonus – the largest in industry. However, the bonus of $ 16 million usually is now the biggest to date.

“With more than $ 880 million on TVL, this record generation price is a powerful declaration of habit showing their dedication to the security of their protocol,” said projects in the block.