FLOKI celebrates new ATH in TVL of $820 million amidst its bug bounty launch.
The project partnered with Immunefi to facilitate the event.
It also launched another bullish Times Square New York takeover campaign.
Floki announces a bullish partnership with Immunefi to launch its highly-anticipated Bug Bounty Program. Together, the partners aim to maximize the security of users on the FLOKI ecosystem and protect the members of the community.
In detail, the Bug Bounty Program will reward up to $50,000 with an incentive towards finding and reporting bugs. Substantial finds will likely claim a bigger share of the reward. Immunefi will conduct the event and ensure high-quality submissions for effective vulnerability management.
Floki Partners with Immunefi to Launch Bug Bounty Program#Floki has partnered with @immunefi as part of our commitment to maximize the security of users interacting with the $FLOKI ecosystem and to protect members of our community.Program Highlights– Rewards Up to $50,000:… https://t.co/KWZ2phrhfc
— FLOKI (@RealFlokiInu) May 28, 2024
The post confirms that rewards will be decided on the severity of the vulnerability discovered by bug bounty hunters, In fact, a critical smart contract bug could be eligible for the high $50,000 reward.
Floki will be tapping into ImmuneFi’s extensive network of security researchers to swiftly identify and fix potential vulnerabilities. The partners are prioritizing security on the platform and building greater user confidence in Floki’s system integrity.
In similar bullish FLOKI news, the project has just launched another round of its successful campaign effort in taking over Times Square New York. These ad campaigns show the project’s commitment towards becoming the most popular cryptocurrency in the world.
FLOKI REACHES ECOSYSTEM TVL OF $820 MILLION — AN ALL TIME HIGH#Floki just hit a total value locked (TVL) all time high of $820 million across two of its key ecosystem products:– Floki Staking: $700.24M+– FlokiFi Locker: $120.13M+This impressive TVL record, which is the… pic.twitter.com/pbclsHZ0ed
— FLOKI (@RealFlokiInu) May 28, 2024
In light of these bullish moves from FLOKI, its efforts are being reflected onto the popularity of its ecosystem. Presently, the FLOKI ecosystem has a Total Value Locked (TVL) of $280 million, this is an ATH for FLOKI.
To specify, over $700,240,000 is generated within the FLOKI Staking feature while $120,130,000 comes from the FlokiFi Locker. This marks an epic milestone as the TVL beats that of other popular memecoin tokens including PEPE, WIF, BONK, DOGE, and SHIB.
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The post Whooping TVL of $820M Has FLOKI Beating PEPE, WIF, SHIB, BONK, and DOGE Amidst Bug Bounty Partnership Launch appeared first on Crypto News Land.
