Aave Labs proposes bug bounty overhaul, raising top reward to $5M

Aave Labs has proposed an overhaul of the Aave DAO's bug bounty program. The proposal suggests splitting the current program by platform, with ImmuneFi managing Core Aave V3, Core Aave V2, and GHO; Sherlock overseeing Aave V4 and the App Stack; and Cantina handling the Aptos-based Aave V3. The plan also includes a significant increase in rewards. The maximum payout for critical vulnerabilities in Core Aave V3 would rise from $1 million to $5 million, while the top reward for Aave V4 is set to increase from $500,000 to $2.5 million.