Audit Comp | Alchemix
veALCX is the tokenomics upgrade for ALCX, Alchemix's governance token. Users will lock 80/20 ALCX/ETH Balancer Liquidity Tokens into veALCX in exchange for voting power, ALCX emissions, and protocol revenue. Voting power is used to vote on snapshot proposals, on-chain governance of veALCX contracts, and gauge voting to direct ALCX emissions. veALCX users also earn a new ecosystem token called FLUX that allows for boosted gauge voting and early unlocks.
Status
Asset Accuracy Assurance
Bugs found on assets incorrectly listed in-scope will be considered valid and be rewarded.
Private Known Issues Reward Policy
Private known issues, meaning known issues that were not publicly disclosed, are valid for a reward equal to that of a bug one severity lower.
Known Issue Assurance
Alchemix commits to providing Known Issue Assurance to bug submissions through their program. This means that Alchemix will either disclose known issues publicly, or at the very least, privately via a self-reported bug submission.
In a potential scenario of a mediation, this allows for a more objective and streamlined process, in order to prove that an issue is known. Otherwise, assuming the bug report is valid, it would result in the report being considered as in-scope, and due a reward.
Primacy of Impact vs Primacy of Rules
Alchemix adheres to the Primacy of Impact for all impacts.
Primacy of Impact means that the impact is prioritized rather than a specific asset. This encourages security researchers to report on all bugs with an in-scope impact, even if the affected assets are not in scope. For more information, please see Best Practices: Primacy of Impact.
When submitting a report on Immunefi’s dashboard, the security researcher should select the Primacy of Impact asset placeholder. If the team behind this project has multiple programs, those other programs are not covered under Primacy of Impact for this program. Instead, check if those other projects have a bug bounty program on Immunefi.
If the project has any testnet and/or mock files, those will not be covered under Primacy of Impact.
All other impacts are considered under the Primacy of Rules, which means that they are bound by the terms and conditions set within this program.
Responsible Publication
Whitehats may publish their bug reports after they have been fixed & paid, or closed as invalid, with the following exceptions:
- Bug reports in mediation may not be published until mediation has concluded and the bug report is resolved.
Immunefi may publish bug reports submitted to this audit competition and a leaderboard of the participants and their earnings.
Feasibility Limitations
The project may be receiving reports that are valid (the bug and attack vector are real) and cite assets and impacts that are in scope, but there may be obstacles or barriers to executing the attack in the real world. In other words, there is a question about how feasible the attack really is. Conversely, there may also be mitigation measures that projects can take to prevent the impact of the bug, which are not feasible or would require unconventional action and hence, should not be used as reasons for downgrading a bug's severity.
Therefore, Immunefi has developed a set of feasibility limitation standards which by default states what security researchers, as well as projects, can or cannot cite when reviewing a bug report.
Immunefi Standard Badge
By adhering to Immunefi’s best practice recommendations, Alchemix has satisfied the requirements for the Immunefi Standard Badge.