Sherlock V2
  • 👋Intro to Sherlock
  • 🙋FAQ
  • 📚Glossary
  • ‼️Disclaimers
  • Audits
    • 🧑‍💻Protocol Teams
      • How it Works for Protocols
      • Audit Timeline
      • Scheduling Process
      • Audit Preparation
      • Protocol Involvement During the Audit Process
      • Protocol Involvement Post-Audit
      • Rescheduling and Cancellations
      • Interim Updates and Upgrades
    • 🕵️Watsons
      • Lead Senior Watson Selection Process
      • Fix Review Process
      • Contest Points
      • How to Score Issue Points in a Contest
      • Meeting the Payout Criteria
      • First Blood Pot
      • Leaderboard Points Example
      • FAQ
    • 🧑‍⚖️Judging
      • Judging Conduct Guidelines
      • Criteria for Issue Validity
        • Criteria Changelog
      • Lead Judge
      • 🧑‍⚖️Community Judging
      • Dedicated Judge
      • Discussion
      • Sherlock's Exclusive Judging Apprentice Program
    • 🤝Referral Program
  • Bug Bounties
    • 🌱Pre-Launch Bounty
    • 🚀Post-Launch Bounty
      • 📜Platform Rules
      • ⚖️Dispute Resolution
  • Coverage
    • 🛡️Sherlock Shield
    • 💰Stakers
      • Overview
      • Lockup Period
      • Payout Flow
      • Staking APY
    • 🧑‍💻Protocol Teams
      • Getting Started
      • Coverage Premiums
      • Pricing
      • Composability and Coverage
      • Payout Flow
      • FAQ
    • 📝Claims
      • Claims Process
  • Tokens
    • SHER
    • Receipt NFTs
  • Governance
    • Roles
  • Developer
    • Overview
    • Stake Position Lifecycle
    • Claim Lifecycle
    • Protocol Lifecycle
    • SHER Distribution
    • Deployed Contracts
    • Contract Reference
    • Audits
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  1. Bug Bounties

Pre-Launch Bounty

Sherlock protects teams against hacks at every step of the journey

Sometimes there is a period after the fix review has been completed, but before a protocol goes live on mainnet.

Sherlock wants to ensure that there is an incentive for whitehats to disclose any bugs that may be found during this period.

Why? Because if a whitehat waits until the protocol is live on mainnet, this can result in bad outcomes such as a blackhat exploiting the bug first, or the team needing to do a lengthy and embarrassing re-launch.

Sherlock attempts to mitigate this by creating a "Pre-Launch Bounty" program for every cooperating protocol team.

This will be a very small bounty but will increase as the launch date approaches.

It also acts as a "check" on the fix review. Before, there was little incentive to give maximum effort during a fix review. Now, the Lead Senior Watson (or whoever conducts the fix review) will only receive a portion of their fixed pay AFTER this Pre-Launch Bounty period has passed and no new Critical bugs were missed during the fix review.

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Last updated 7 months ago

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