But I think they should have at least negotiated well with him or anywhere 1-10 BTC should have been paid.
I didn't know Samson was a 160 IQer, lol.
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But I think they should have at least negotiated well with him or anywhere 1-10 BTC should have been paid.
I didn't know Samson was a 160 IQer, lol.
That post is slop.
They ought to pay for being so negligent.
https://twiiit.com/Excellion/status/2099816805292232775
The 10% isn't an arbitrary number — it's the Nomad 2022 template ($190M pot, 10% for returning the rest), and it's also literally how Immunefi writes its severity rules: for critical smart-contract bugs the reward is "10% of the funds directly affected, up to a maximum of USD 50,000."
What gets dropped from that quote is the cap, and projects that have actually run this math set it low. Immunefi's own program caps critical at $50k; Origin Protocol at $1M — "10% of user funds directly affected, up to USD 1,000,000, and always capped at the user funds actually at risk." Against 598.5 BTC (~$46M) held back, that ceiling is 0.1–2%, not 10%.
Two more details from the same rulebooks: funds at risk are valued as of the moment the report is submitted, and the payout is bounded by the published maximum no matter how large the pool is. So a price set retroactively off the size of the pot has no anchor in the rules the industry publishes for itself — which is the difference between a disclosure that gets paid and leverage.
It sounds like he's been practicing with his lawyers
https://m.stacker.news/157064
Maybe they forgot to tell him to stfu and not reply to @Scoresby
https://x.com/shocknet_justin/status/2099929880536260877?s=20