Introducing Immunefi Bug Bounty Cover, Powered by Nexus Mutual

Immunefi’s bug bounties are a highly effective and popular way for Web3 companies to identify their smart contract bugs, but the bounty payout for a critical bug can be substantial. To help ease the budgetary strain of a critical bounty, Nexus Mutual has teamed up with Immunefi to launch Immunefi Bug Bounty Cover. 

With Immunefi Bug Bounty Cover from Nexus Mutual, Web3 companies get the full benefit of Immunefi’s industry-leading bug bounty program while only having to cover up to 20% of the cost for critical bugs (until the cover amount is exhausted). Nexus Mutual has done an extensive review of Immunefi’s entire bug bounty payout history to ensure the lowest cover price possible. 

Key Benefits of Immunefi Bug Bounty Cover

1. Manage Variable Costs: Gain the ability to reward critical bug discoveries without the high overhead cost.
2. Attract the Best Whitehats: Increase bug bounty payouts to incentivize top-tier talent to secure your protocol.
3. Expect the Unexpected: Ensure your company can address critical vulnerabilities.
4. World-Class Security Without the Intimidating Price Tag: Protect your project without compromising your budget.
5. Bonus Protection: Native Protocol Cover is included to provide an additional layer of security.
6. Community Confidence: Protect your users' assets and build trust in your protocol.
7. Business Risk Mitigation: Reduce the likelihood of hacks that could lead to user losses, plummeting market cap, and lengthy recovery processes.

“Immunefi are renowned for running the best bug bounty programs in Web3,” said Hugh Karp, Founder at Nexus Mutual. “Immunefi Bug Bounty Cover is a perfect option for companies looking to manage their variable costs while still attracting the best whitehats.”

“Nexus Mutual has been an ideal partner in bringing this product to Immunefi Bug Bounty customers,” said Sajjad, VP- Revenue at Immunefi. “Now with Immunefi Bug Bounty Cover, a whole new group of Web3 companies can get the full benefit of our bug bounty programs without having to worry about the costs of critical payouts.”

Any Web3 companies that are looking to secure their protocol should head to Immunefi today, and don’t forget to add Immunefi Bug Bounty Cover from Nexus Mutual!

‍