Zenlink Partners with Immunefi and Launches Bug Bounty

Zenlink
Zenlink Foundation Ltd.
3 min readMar 23, 2022

--

March 23, 2022 — We are pleased to announce that Zenlink has partnered with Immunefi and launched a bug bounty program.

Immunefi is Web3’s leading bug bounty platform, having paid out over $10 million in bug bounties and protecting $100 billion in user funds from security risks.

Zenlink is the first native cross-chain DEX protocol on Polkadot, enabling all parachains to build DEX and share liquidity in one click by building the ultimate, open, and universal Zenlink DEX protocol (Module, WASM, and EVM implementations). Zenlink aims to be the DEX gateway to the web3 world by bringing the fragmented liquidity and interactions between each parachain in one fully integrated UI.

Under the premise of funds security, Zenlink is actively building a cross-chain DEX protocol that fits Polkadot’s multi-chain architecture to simplify the interoperability process between all parachains, and we also hope to expand more dimensional business logic based on our core business AMM. So far, Zenlink has been deployed to Bifrost, Moonriver, and Moonbeam parachains, covering Kusama and Polkadot networks with minimal scenarios and verifying the feasibility of the business model.

Security is always Zenlink’s first priority. Zenlink has already passed SlowMist’s smart contract security audit, where the EVM smart contract audit is a separate audit, and the Substrate (Module) version audit was submitted and completed together with Bifrost, you can see the detailed audit report here. In addition, we have also completed the explorer open source and Github code open source.

Zenlink + Immunefi

After a long and intensive communication with the Immunefi team, we finally reached the first version of the bug bounty program.

This bug bounty program is focused on our smart contracts and app and is focused on preventing:

  • Any governance voting result manipulation
  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
  • Permanent freezing of funds
  • Taking Down the application/website
  • Redirection of user deposits and withdrawals
  • Wallet interaction modification resulting in financial loss

Rewards by threat level

Based on Immunefi Vulnerability Severity Classification System V2 description, different levels of vulnerabilities will be rewarded at different levels.

Smart Contracts

  • Critical — Up to 30,000 USD
  • High — 8,000 USD
  • Medium — 3,000 USD

Websites and Applications

  • Critical — Up to 2,000 USD

More details about Bug Bounty can be found here.

About Immunefi

Immunefi is the premier bug bounty platform for smart contracts and DeFi projects, where security researchers review code, disclose vulnerabilities, get paid, and make the cryptocurrency world safer. Immunefi eliminates security risks through bug bounties and comprehensive security services.

Website | Twitter | Medium | Discord | YouTube

About Zenlink

Zenlink is an underlying cross-chain DEX protocol based on Polkadot and is committed to becoming the DEX composable hub of Polkadot. By accessing the ultimate, open, and universal cross-chain DEX protocol based on Substrate, Zenlink DEX Protocol enables all parachains to build DEX and achieve liquidity sharing in one click. Zenlink DEX Protocol includes Module, WASM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.

In addition, the Zenlink DEX Aggregator connects all DEX DApps on Polkadot and aggregates liquidity, providing a low slippage trading experience for users. Zenlink DEX Composable Hub enables developers to access the Zenlink DEX Module to build their own unique DEXs, forming a DEX composable hub for the Polkadot ecosystem. Currently, Zenlink has received 2 rounds of Web3 Foundation Grants and investments from well-known institutions such as Alameda Research, Hashkey, IOSG, OKX Blockdream Ventures, and Hypersphere.

Learn more about Zenlink:

📍 — DEX DAPP | Website | Twitter | Github | Discord | Telegram EN | Telegram CN | Announcements Channel

--

--

Zenlink
Zenlink Foundation Ltd.

Zenlink is a cross-chain DEX protocol based on Polkadot.