Uniswap Labs has announced a major security competition with a prize pool of $2.35 million USDC, marking it as the largest security contest in decentralized finance (DeFi) history. The competition, which aims to enhance the security of Uniswap’s upcoming version 4 (v4), will run from September 4 to September 30, 2024, and is organized in collaboration with Cantina and Uniswap Foundation. Participants are encouraged to engage in auditing the code to ensure its robustness before deployment. This initiative underscores the growing emphasis on security within the DeFi sector as it continues to evolve.
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