WEMIX Relaunches CertiK Hunt Bug Bounty With Up to $10,000 Payouts

Layer-1 blockchain operator WEMIX announced on Oct. 14 the relaunch of its joint bug bounty initiative with Web3 security firm CertiK, introducing updated reward tiers and restricted submission requirements ¹. The program operates on the CertiK Hunt platform and offers bounties of up to $10,000 paid in Tether ($USDT) on the Ethereum network ¹.

Under the restructured model, the bounty program covers the core WEMIX3.0 distributed ledger technology alongside its governance smart contracts ¹. Critical vulnerabilities identified on the blockchain layer qualify for the maximum $10,000 payout, with high- and medium-severity findings designated at $2,000 and $1,000, respectively ¹. Flaws in smart contracts are eligible for rewards ranging from $1,000 to $10,000 depending on impact ¹.

Restricted Access and Verification Workflow

To manage submission quality, reporting access is limited to pre-vetted security researchers who pass CertiK's screening process ¹. While CertiK categorizes verified analysts across Challenger, Sentinel, and Vanguard tiers, reporting privileges for WEMIX vulnerabilities are reserved exclusively for the top Vanguard tier ¹.

Submissions must include a functional proof-of-concept demonstrating potential damage, such as a complete network outage or direct financial loss ¹. Once CertiK triages and validates the scope of a report, WEMIX directly conducts a secondary review to set final bounty amounts and handles distribution following mandatory Know Your Customer screening ¹. Individuals on Office of Foreign Assets Control sanction lists, internal employees, and recent paid contributors are barred from receiving payouts ¹.