the only “approved” project to receive this 100k in matching funds hence this proposal.
For clarity, when you say ‘matching funds’ do you mean that Velodrome are putting up a 100k bug bounty themselves and the 100k that is being requested in this proposal is to match that? So a 200k bug bounty in total?
I’ve written before in favour of funding bug bounties, but it seems like big, established projects should be able to pay for these themselves and if we’re going to put OP into this we’d be better off targeting it at smaller projects with small budgets that have grown quickly and now have a significant potential reward vs effort for attackers but may not have the capital to fund bug bounties themselves.