Audit Comp | Immunefi Arbitration
The smart contract Arbitration Protocol is a set of on-chain workflows designed to resolve disputes between Projects and Security Researchers over bug report validity and appropriate reward. The expected output is a final binding decision on a report, followed by enforcement (as required) of the bounty reward from the Project to the Security Researcher.
Status
Immunefi vault program
Rewards
Rewards by Threat Level
The following reward terms are a summary, for the full details read our Immunefi Arbitration Audit Competition Reward Distribution Terms.
A baseline reward pool of $30,000 USD will be distributed among participants, even if no valid bugs are found. For this audit competition, duplicates and private known issues are valid for a reward. Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3.
Reward Payment Terms
Payouts are handled by the Immunefi Arbitration team directly and are denominated in USD. However, payments are done in USDC.
Rewards will be distributed all at once based on Immunefi’s distribution formula after the event has concluded and the final bug reports have been resolved.
Invoicing Information
Available on request.
Program Overview
The smart contract Arbitration Protocol is a set of on-chain workflows designed to resolve disputes between Projects and Security Researchers over bug report validity and appropriate reward. The expected output is a final binding decision on a report, followed by enforcement (as required) of the bounty reward from the Project to the Security Researcher. The first level of enforcement should occur through leveraging Immunefi’s Vaults.
The Vaults are Gnosis Safe wallets, and the system includes a set of components which interact with the Vaults through a module and a guard. The purpose of the components is to scope the access of the different roles and players in the arbitration protocol, as well as their capabilities of rewarding, arbitration calling, enforcing, among others.
For more information about Immunefi Arbitration, please visit https://medium.com/immunefi/introducing-immunefis-arbitration-boost-32858a1fe7e3
Immunefi Arbitration provides rewards in USDC, denominated in USD.
KYC required
The submission of KYC information is a requirement for payout processing.
Proof of Concept
Proof of concept is always required for all severities.
Prohibited Activities
- Any testing on mainnet or public testnet deployed code; all testing should be done on local-forks of either public testnet or mainnet
- Any testing with pricing oracles or third-party smart contracts
- Attempting phishing or other social engineering attacks against our employees and/or customers
- Any testing with third-party systems and applications (e.g. browser extensions) as well as websites (e.g. SSO providers, advertising networks)
- Any denial of service attacks that are executed against project assets
- Automated testing of services that generates significant amounts of traffic
- Public disclosure of an unpatched vulnerability in an embargoed bounty
- Any other actions prohibited by the Immunefi Rules
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.