Coinbase Ventures-Backed Supra Expands Beta Bounty Program, Offering $1M Bounty
The post Coinbase Ventures-Backed Supra Expands Beta Bounty Program, Offering $1M Bounty appeared on BitcoinEthereumNews.com.
Advertisement  
  Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. On Friday, November 14th, Supra, a Layer-1 blockchain backed by Coinbase Ventures, announced it is expanding its SupraEVM Beta Bounty. While the blockchain is built for Automatic DeFi (AutoFi) through full vertical integration, the move aims to position it for greater adoption and growth. According to the announcement, Joshua Tobkin, the CEO and Co-Founder, has committed up to $1 million worth of his own $SUPRA tokens as a personal bounty to any developer or research team that can demonstrate a faster, verifiably correct EVM-parallel execution engine than SupraBTM, the core execution engine powering SupraEVM. The announcement further revealed that the personal bounty, touted as the SupraEVM Speed Challenge, is offered in addition to an ongoing $40,000 USDC performance-based reward provided by the foundation. Advertisement
  Since its inception, it has consistently demonstrated that no participating team has surpassed the benchmarks established by SupraBTM, which remains the top performer in public tests against all known EVM-parallel solutions, including Monad, one of the more optimized projects in the high-performance EVM space. Speaking on the development, Co-Founder and CEO Joshua Tobkin said; “I am betting $1 million of my own tokens that no one can beat Supra…Supra is built on transparency. We claim to be the fastest, so we are aiming to prove it in public. And if someone can demonstrate a superior execution engine under clear conditions, I will honor that outcome directly.” While the protocol aims to address the challenges in blockchain scalability, it acknowledges that transaction execution has historically been a limiting…
Filed under: News - @ November 15, 2025 9:22 am