Venus Cantina.xyz Competition - Security

The Venus Cantina Competition Proposal aims to launch a security competition on Cantina.xyz to protect the Venus Protocol and raise awareness in an aligned manner.

Cantina, backed by Spearbit, offers a platform for security reviews, bug bounty programs, and engaging security researchers.

The competition will focus on reviewing specific Governance contracts, with a $58,000 bounty and 20% marketplace fee. If no medium or high issues are found, 90% of the bounty will be refunded to the Treasury.

Cantina's pricing is competitive, and the structure ensures alignment of incentives for thorough security coverage. The proposal seeks to benefit Venus economically and operationally by providing a cost-effective competition with potential refunds for a successful security review.

The aim is to leverage Cantina's network to enhance the security of the Venus Protocol while maintaining competitive pricing and incentivizing comprehensive reviews.