Usual and Sherlock: The $16 Million Bug Bounty That Will Make You Question Everything!

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So, let me get this straight. Usual, the stablecoin protocol, has decided to team up with Sherlock—yes, Sherlock, like the detective, but instead of solving crimes, they’re hunting bugs. And what do they come up with? A whopping $16 million bug bounty! That’s right, folks, they’ve outdone Uniswap’s measly $15.5 million bounty. I mean, who knew finding bugs could be so lucrative? 🐛💰

Now, this bounty is not just for any old bug. No, no! It’s for those critical vulnerabilities that could actually lead to fund loss or freezing for over a year. Because, you know, if you’re going to lose your money, it might as well be in a dramatic fashion, right? 🎭

And get this—Usual’s code has already been through 20 audits. Twenty! They even had a Sherlock audit contest with a prize pool of $209,000. And guess what? No vulnerabilities found! It’s like they’re saying, “Hey, we’re so secure, we dare you to find something wrong!” Talk about confidence! Or maybe they just have a really good PR team. 🤔

But wait, there’s more! High-value bug bounties are all the rage in crypto security now. Sonic Labs is throwing around a $2 million bounty, and Compound Finance is in on the action with a $1 million program. It’s like a game of who can throw the most money at bugs! 🤑

And let’s not forget Uniswap Labs, who launched their $15.5 million bounty back in November 2024. But now, Usual has swooped in like a superhero and claimed the title of the biggest bounty in the industry. What a plot twist! 📈

“With over $880 million in TVL, this record-breaking bounty prize is a powerful statement from Usual showing their dedication to the security of their protocol,” the projects told The Block. Well, isn’t that just heartwarming? A real love letter to security! 💌

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2025-04-02 16:06