DeFi platform Yearn Finance launches bug bounty on Immunefi

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Yearn Finance, a suite of DeFi products that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain., today announced it has launched its bounty program with Immunefi, a leading bug bounty platform for smart contracts and DeFi projects.
This Yearn Finance bug bounty includes bounties ranging from $100 to $200,000…
The size of the bounty payout depends on the assessment of the severity of the exploit. Besides, the Yearn team will study the likelihood that a bug could have a meaningful impact on availability, integrity, and/or loss of funds. After this is considered, then a final decision on a payout amount will be made. Note, all payouts will be supervised by Yearn Finance and will be paid out in USD.Source

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The letter said that due to extensive demand from various institutions, Aave and Fireblocks are launching the first permissioned decentralised liquidity protocol .Attendees of the Next Steps in Institutional DeFi webinar reportedly