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What Is a ‘Bug Bounty’ Program?

A bug bounty program is an incentive scheme where a project offers monetary rewards to ethical hackers and security researchers who discover and responsibly disclose vulnerabilities in their smart contract code. It leverages the global security community to find flaws before malicious actors can exploit them.

What Happens If There Is a Bug or Exploit in a Smart Contract’s Code?
How Does a Bug Bounty Program Help Mitigate Smart Contract Risk for DAOs?
What Are the Best Practices for Auditing Smart Contracts That Control Derivative Trading Algorithms?
What Happens If There Is a Bug in the Smart Contract Code Governing an Options Trade?