As this is a revision of a proposal we, the Laguna Games team, have previously submitted, we will only write an impact report for the revised section. We support the continued renewal and implementation of the Bug Bounty Program. This enables us to continuously develop a product that is not only economically viable, but also enjoyable for all participants. We acknowledge the community's role in locating these bugs, and for this reason, we completely support the renewal of the Bug Bounty Program.

We do observe a request for a transparency report detailing how investigations are conducted, and this will be the focus of our response.

We agree that transparency is crucial to our operations. However, we have a few concerns that prevent us from adopting full transparency in our bug bounty program, at least as it is currently proposed.

1. Maintaining the integrity of our security procedures is our top priority. If we disclosed how we investigate potential bugs, it could provide potential attackers with information about our system that could be used against us. Our top priority must be ensuring the safety of our ecosystems.
2. We are also concerned about the time that could be spent proving a case, i.e., debating whether a feature is a flaw or a deliberate design decision. This could result in our teams, such as Design, QA, and Engineering, investing a significant amount of time proving the intentional design behind features, thereby delaying other crucial work.
3. We are also a little concerned that the current version may inadvertently force us in recognizing bugs of arguably minimal impact. We believe it is essential to ensure that our resources are focused on bugs with significant impact.
4. According to our understanding, the proposal also includes a public component for Bug Bounty review, in which the community has the ability to alter the report tiers. While we approve of the concept of community involvement, we would need to consider whether these discussions would result in constructive outcomes or instead lead to the formation of new factions.

For the time being, the said section, in its current iteration will be difficult to implement. That said, we're not opposed to transparency, but we want to approach it in a manner that fosters positive community interaction without sacrificing security or efficiency.