Acre is the liquidity layer for Bitcoin scaling. Users deposit BTC and receive stBTC representing their deposited BTC. The deposited BTC is deployed to Bitcoin layers that use BTC as their Proof-of-Stake asset, generating rewards for stBTC holders.
Evaluating
Triaged by Immunefi
PoC required
This Boost Is Under Evaluation
Rewards by Threat Level
The following reward terms are a summary, for the full details read our Acre Boost Reward Terms
The reward pool of $50,000 USD will be entirely distributed among participants.
- 10% of the total reward pool or a maximum of $50k, whichever is lower, is allocated to guaranteed rewards for Insight reports, regardless of whether 0 or more bugs are found or not.
For this boost, 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 Acre 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.
Insight Rewards Payment Terms
Insight Rewards: Portion of the Rewards Pool
- The "Insight" severity was introduced on Boost & Attackathon programs to recognize contributions that extend beyond identifying immediate vulnerabilities. Currently, it's not an option to select the Insight severity when submitting a report. However, our team or program will designate it accordingly if applicable. "Insights" underscores our commitment to valuing all types of contributions that contribute to a more secure environment and will always be rewarded. View more information about Insights. Duplicates of Insight reports weren't rewarded in any previous Boosts, neither they will be rewarded in this Boost or any other Boost going forward.
Program Overview
Acre is a liquid staked Bitcoin protocol. Users deposit BTC and receive stBTC representing their deposited BTC. The deposited BTC is deployed to Bitcoin layers that use BTC as their Proof-of-Stake asset, generating rewards for stBTC holders.
Acre allows BTC holders to earn rewards on their BTC via stBTC. Acre provides a simple method for Bitcoin holders to benefit from the growth of Bitcoin scaling without losing exposure to BTC price.
Strictly designed for a "bitcoin in, bitcoin out" experience, Acre is a portal to broad exposure by supporting Bitcoin scaling with minimal user effort. Acre supports native BTC deposits via Thresholds programmable and decentralized BTC bridge.
Acre's goal is to offer the benefits of earning rewards on idle BTC without deep technical know-how. It is important to note that each transaction within the Acre protocol is completely visible on-chain for everyone to monitor.
For more information about Acre, please visit https://acre.fi Acre provides rewards in USDC, denominated in USD.
KYC not required
No KYC information is required for payout processing.
Proof of Concept
Proof of concept is always required for all severities.