There’s been a lot of talk lately about the security of so-called “decentralized” exchanges (DEXs), with many in the crypto community arguing that they’re not really any more secure than traditional, centralized exchanges. SafeMoon and Samoyedcoin are two of the most popular DEXs out there, so it’s no surprise that there’s been a lot of debate about their security.
Now, the #HUH Token team has announced a bug bounty program specifically for #SafeMoon and Samoyedcoin. The team is offering a $1,000 bounty for any critical security bugs that are found in either exchange.
This is a great move by the HUH Token team, and it could help to increase confidence in these two exchanges. It’s also a good reminder that no exchange is perfect, and that even the most popular and well-known exchanges can have security vulnerabilities. So, if you’re using SafeMoon or Samoyedcoin (or any other exchange, for that matter), be sure to take your own security precautions and always keep your funds safe.