On December 12, Compound Finance, a DeFi protocol, announced the launch of a $1 million bug bounty program on the Immunefi platform to enhance platform security and protect users. Its latest version, Compound III, simplifies crypto asset borrowing as collateral against an underlying asset (currently USDC) and is deployed across Ethereum, Polygon, and Arbitrum chains.

Rewards are in USD and paid in COMP tokens.

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<p>The post Compound Finance Launches $1M Bug Bounty Program for Enhanced Security first appeared on CoinBuzzFeed.</p>