Compound: DeFi Protocol Compound Finance Launches $1M Bug Bounty Program on Immunefi

Compound Finance, a DeFi protocol enhancing money markets, has launched a $1 million bug bounty program on Immunefi in order to enhance the security of its platform and ensure the safety of its users. As explained in a blog post by Immuenfi, Compound Finance is a decentralized protocol on the Ethereum blockchain that enables users to supply and "borrow crypto-assets while earning or paying algorithmically determined interest rates." Immunefi further noted in the update that