In the rapidly evolving world of Web3 technology and decentralized applications, the security of smart contracts plays a critical role. As the adoption and usage of Web3 platforms continue to grow, so does the potential for vulnerabilities and exploits. To mitigate these risks, developers and projects turn to two crucial practices: bug bounties and audits. In this article, we will explore the importance of bug bounty programs and smart contract audits, highlighting their essential role in ens...