Hats is a decentralized cybersecurity incentive network. Governed by its community stakeholders - Hackers, Projects, and Token holders — to incentivize protocol security and responsible disclosure.
NXM will be one of the first Hat incentive vaults providing active protection to Nexus Mutual. This incentivizes vulnerability disclosure for NXM smart contracts while farming rewards in the form of hats tokens.
We are creating an incentive mechanism, complimentary to Nexus Mutual, that utilizes the development culture of Ethereum to help secure it.
Hats.Finance would require the following as support from the Nexus team
-Assign a committee to look through disclosure reports in addition we will be happy to get:
Deposit NXM in the hats NXM pool
Propose a boost in NXM tokens for NXM covered pool bounties
Marketing and communication help
Hats V1 is planned to be released by the end of May.
We don’t need a budget just for NXM to participate in the protocol
Forum Post: https://forum.nexusmutual.io/t/hats-finance-decentralized-cybersecurity-incentive-network-proposal/523