The space of the blockchain has been growing at a tremendous pace, and new platforms like ARMswap have the potential to become the front runners. The Grants Program of ARMswap provides multiple opportunities for those interested in earning while contributing to the growth of the platform. If you are a bug bounty hunter aiming to find bugs, there are great opportunities to get involved and receive rewards.
This blog highlights what is new in ARMswap Grants, how you can contribute your skills and get the rewards.
ARMswap Grants Program
ARMswap has introduced a grants program that empowers the blockchain community by providing grants for bug hunters, developers, and marketers. With a total budget of 125 million ARMSP tokens, this program encourages you to make contributions and improve the security of ARMswap, which is a cross bridging and swapping platform. By using ARMswap you can easily transfer your assets across the 31 blockchain networks.
The Bug Bounty Program – Life of the ARMswap Grants Program
One of the most interesting initiatives introduced by ARMswap is its bug bounty program (BBP). Designed to enhance platform security and build trust, it encourages proactive community involvement. BBP is ARMswap’s risk management initiative that holds a basic principle: Find bugs and get paid. This programme allows the community members to analyze, identify, and report any vulnerabilities causing risks to security.
Categories of Bugs and Their Rewards
Users reporting a bug will receive their reward in either USD, ARMSP, or ARMUP tokens, equivalent to the reward amount. Here’s a breakdown of rewards for discovering various levels of bugs:
- Minor Bugs: 100 rewards of 5,000 USD/ARMSP/ARMUP tokens.
- Major Bugs: 50 rewards of 20,000 USD/ARMSP/ARMUP tokens.
- Critical Bugs: 20 rewards of 100,000 USD/ARMSP/ARMUP tokens.
This is the best chance to avail rewards. You can earn while helping to keep the platform secure!
Who Can Participate in the ARMswap Grants Program
It is not only a program for bug hunters, as one can contribute in multiple ways and earn rewards under the ARMswap Grants Program:
Bug Hunters
The Bug Bounty Program offers an excellent opportunity for bug hunters to play a vital role in enhancing platform security. By participating in the ARMswap Bug Bounty Program, you can help strengthen ARMswap’s ecosystem by identifying and reporting system vulnerabilities, ensuring a safer and more efficient experience for all users.
Marketers
Marketers play an important role in increasing ARMswap’s reach. By blending blockchain with strategic marketing efforts, they help raise awareness and attract more users to the platform. As an experienced blockchain digital marketer, your skills can boost ARMswap’s visibility, and you’ll be rewarded based on your contributions.
Engaged Community Members
As an active member of the blockchain community, you can participate in all that goes from community discussions to helping onboard new users and carrying out contributions to ARMswap’s growth journey. These activities will help you to earn rewards in blockchain community forums, platforms, and social media discussions.
The Importance of Community Engagement
Community involvement is a cornerstone of ARMswap’s success. Active participation from users who spend significant time on the platform can drive growth and innovation. To support and encourage this, ARMswap has established multiple channels for users to get involved and make a difference.
One of the key engagement hubs is the ARMswap Discord server, where community members can share ideas, discuss challenges, and suggest solutions within the ecosystem. Whether you’re an experienced blockchain enthusiast or just getting started, this is your chance to contribute to ARMswap’s growth and earn rewards while doing so.
Conclusion
The ARMswap Grants Program is a great opportunity to contribute to a growing ecosystem. ARMswap opens the door to earning for everyone including a bug bounty hunter, blockchain developer, marketer, or community member ARMswap offers multiple ways like Bug Bounty Program and Mvp Categories to earn rewards, see where you can fit perfectly and then start earning.
Ready to start? Visit ARMswap now.
