BendDAO, a peer-to-peer blue-chip NFT mortgage lending protocol, launched a bug bounty program on the Web3 bug bounty platform Immunefi to reward smart contracts, dApps, and website potential bug improvements.
A bug bounty program can further enhance protocol security and user fund security, with bounties up to $1 million.
The locked value of BendDAO has now exceeded 17,000 ETH, and it supports 6 blue-chip NFT projects to mortgage NFT to borrow ETH liquidity.