Compound Finance announces the launch of a $1 million bug bounty program on the Immunefi platform, aimed at enhancing platform security and ensuring user safety. The Compound III version simplifies the process of borrowing the underlying asset (currently USDC) using crypto assets as collateral, and has been deployed on multiple chains including Ethereum, Polygon, and Arbitrum. All rewards are denominated in US dollars but will be paid in COMP tokens. This initiative demonstrates Compound's commitment to user safety while also providing the community with an opportunity to participate in building platform security.🔒💰