Axie Infinity creator unveils bug bounty program

Sky Mavis, the developer behind the popular Axie Infinity game, is offering a bug bounty to uncover security flaws in the game ecosystem.

Axie Infinity creator unveils bug bounty program

In response to the theft of over $600 million from its Ronin network, Sky Mavis, the developer behind the popular Axie Infinity game, is offering a bug bounty to uncover security flaws in the game ecosystem.

Two categories of bugs are included in the bug bounty, including smart contracts and web-related bugs. Based on the severity of the vulnerability, rewards will range from $1,000 to $1,000,000.

In addition to re-entrancy, Oracle manipulation, and signature malleability, Sky Mavis has listed prioritized smart contract vulnerabilities.

In addition to authentication errors and flash loan attacks, the team wants white hat hackers to look into front running vulnerabilities.

Reward amounts will range from $50 to $15,000 depending on the severity of the bug.

In addition to the existing bonuses, Sky Mavis will reward exceptional bug reports with additional bonuses.

Bug bounties will be paid with the AXS token of the blockchain gaming studio. Those who are awarded a $1 million bounty will have a six-month vesting requirement.

As a result, recipients can only liquidate a specific percentage of their funds every month.

In light of the Ronin hack, Sky Mavis' bug bounty announcement is the latest step. The Ronin bridge was breached in March, and over $600 million was stolen.

A number of other steps have also been taken since the hack, including replacing the validators compromised. Sky Mavis has also raised $150 million for affected users as part of the restitution package.