Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

Cointelegraph

Published Nov 24, 2022 03:15PM ET

Updated Nov 24, 2022 05:00PM ET

Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams.

According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem. To incentivize the members of its community to continue to do the work, Polkadot consistently rewards them with bounties paid in USDC.

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