As the launch of Bancor 3 approaches, we’re excited to release the Bancor 3 code and announce the start of the Bancor 3 Bug Bounty Program!The security of Bancor is paramount and the Bug Bounty aims to incentivize responsible disclosures of any bugs in the new contracts. Rewards are allocated based on the severity of the bug disclosed and awarded up to USD 1 million.Starting with the official Beta launch, the contracts-v3 repository will be subject to the Bounty Program.👉 Read the full Bancor 3 Bug Bounty Program detailsOverview of the Bug Bounty ProgramBancor is conducting multiple rounds of auditing prior to the full release of Bancor 3, including audits by OpenZeppelin, Peckshield and Certora to ensure the highest security possible. As we get close to the B3 launch, we invite developers and whitehat hackers to review the code and try to find bugs in exchange for up to USD 1 million in rewards.RewardsRewards will be allocated based on the severity of the bug disclosed, and are awarded at the full discretion of the Bprotocol Foundation. All vulnerabilities disclosed prior to the official launch of Bancor 3 — which is scheduled for mid-May, 2022 — are eligible to receive higher rewards.The CodeThe new Bancor 3 code is a fundamental re-design of previous Bancor versions (V1/V2.1), dramatically simplifying interactions and integrations with the protocol. The new contracts make it easier for developers to plug Bancor’s trading, yield and analytics into their apps, while also allowing for greater composability with DeFi.Developers can now start building Bancor 3 into their apps, while DAOs and token projects can plan the integration of B3 into their protocol’s liquidity and treasury management strategies. Stay tuned for additional technical documentation & tutorials being published on Bancor 3.💡 Ask technical questions & get support in the Bancor Developers channelAbout BancorBancor is a decentralized network of on-chain automated market makers (AMMs) supporting instant, low-cost token trading and Single-Sided Staking with 100% Impermanent Loss Protection for any listed token. Overseen by the Bancor DAO, the protocol’s mission is to facilitate simple and safe access to decentralized trading and yield.Bancor GithubBancor.network appA Complete Guide to Bancor 3Bancor BasicsVideo: Say ADIOS to Impermanent Loss with Bancor V2Research: Bancor — The World TokenBancor Dune Analytics$1 Million Bancor 3 Bug Bounty & Code Release was originally published in Bancor on Medium, where people are continuing the conversation by highlighting and responding to this story.

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