In May 2022, Honeyswap's front-end was hacked, leading transactions to malicious addresses. The Honeyswap team was unaware of the problem for two days, before identifying it on  May 10, 2022. The next day, the DEX's team announced the recovery of the original Honeyswap domain. Careful estimates suggested that around $20,000 worth of digital assets were stolen due to this hack. Users who lost funds were reimbursed by the Honeyswap team. According to an audit conducted by CertiK in 2021, an inaccuracy in the calculations performed for an event within the ReferralRewarder function was identified. Furthermore, the audit also found certain issues with calculating locked rewards. While some changes have been implemented to the contracts post-audit, core mechanisms are not changed yet. Hence, the audit's findings about the state of security of main contracts are still valid. 1Hive, the DAO responsible for issuing and distributing HNY tokens, isn’t exactly a company or a team. The DAO believes in “creating a free, fair, open, and humane future”, which is why there has never been a crowd sale to raise funds for managing the project’s operational costs. Since 1Hive is an open community, anyone can join and participate in its activities by checking out the onboarding calls on the platform’s Discord server. 1Hive has a Bug Bounty Program in which members can report bugs or any vulnerabilities in the smart contracts and earn as much as $40,000 in reward. Further details about this program can be found here.