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  1. Home
  2. /Glossary
  3. /Bounty
Back to Glossary
cryptocurrency

Bounty

A reward offered by crypto projects for completing specific tasks like finding bugs, writing code, or creating content.

Definition

A reward offered by crypto projects for completing specific tasks like finding bugs, writing code, or creating content. Bug bounties are especially important in DeFi, where a smart contract vulnerability could cost millions. Immunefi is the biggest platform for crypto bug bounties.

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Related Terms

Smart Contract

Self-executing code stored on a blockchain that runs when conditions are met.

Protocol

A set of rules governing how a network or application operates.

Governance

The process of making decisions about a protocol's development and direction.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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