30s Summary
Uniswap Labs is launching a bug bounty challenge related to the release of Uniswap v4, with prizes totalling $15.5 million. The largest reward will go to those who find a severe flaw in the Uniswap v4 core contracts code. This competition follows large payouts from other tech companies such as Immunefi, Google and Microsoft. The severity of the bug will determine the size of the payout, with “critical” vulnerabilities potentially resulting in a multi-million dollar reward.
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Uniswap Labs is launching a mega bounty hunt! With a massive $15.5 million up for grabs, they’re calling it the “largest bounty in history”. It’s all part of the release of Uniswap v4.
The rewards vary a lot – with the minimum bounty starting at $2,000 and maxing out at full $15.5 million. To nab the big bucks, you’ll need to find a really serious flaw or exploit in the Uniswap v4 core contracts code.
Uniswap Labs is saying, “Find a critical bug, become a millionaire.” It’s still a bit unclear whether this is the biggest bug bounty ever run, but it sounds like it could be.
Remember, previously, Immunefi paid out a whopping $14.82 million bounty in 2021. Other big bounty payouts from the tech world block include Google’s highest-ever payout of $605,000 in 2022. Plus, more recently, Microsoft put out $4 million in rewards for bugs in their cloud and AI tech.
To be clear, that big $15.5 million from Uniswap won’t be won easily – you really need to find a unique vulnerability in the Uniswap v4 core contracts code that would result in a change of the code.
According to the nitty-gritty of the bounty program, only “critical” vulnerabilities will get the max payout. “High” risk vulnerabilities could still get you up to $1 million. Then rewards drop to $100,000 for “medium” risk vulnerabilities and “low-risk” findings might get a payout based on Uniswap’s discretion.
So if you’ve got the skills, you might end up taking more than money – there’s a lot of reputation and future opportunities that come with such a big find. Good luck!