Security & Audits
Last updated
Last updated
Beta Finance is committed to upholding the highest standards of security and transparency to our community. DeFi has over $80B in TVL locked right now, and this amount will continue to grow, necessitating robust security measures. As we move forward, we will continue to prioritize and strengthen the security of our protocol. Our security framework consists of four major pillars:
Beta Finance continuously conducts internal code reviews
Beta Finance will request external reviews from leading security researchers
Beta Finance will incorporate real-time monitoring services
Beta Finance will launch the Beta Finance bug bounty campaign for white hats
We have partnered with Immunefi to launch the Beta Finance Bug Bounty program to help identify any smart contract vulnerabilities with rewards up to 200,000 USD! We are grateful for Immunefi’s support in helping us launch the bounty program. Beta Finance will pay out rewards in USDT based on the severity of the vulnerabilities found. The severity of the vulnerability will be judged by the Beta Finance team, but as a standard we are guided by the threat levels defined by the Immunefi Vulnerability Severity Classification System.
The bug bounty program covers the Beta Finance smart contracts and is focused on preventing thefts and freezing of principal of any amount. We will be focusing on critical and high level threats for the program first. The program is live and the full details regarding rewards, smart contract scope, reporting, and rules can be found directly on the Beta Finance Bug Bounty page here.
