Alpha Venture DAO

Submit a Bug
20 April 2021
Live since
KYC required
Maximum bounty

Program Overview

Alpha Venture DAO is building an ecosystem of DeFi products (the Alpha ecosystem), consisting of innovative building blocks that capture unaddressed demand in key pillars of the financial system. These building blocks will interoperate, creating the Alpha ecosystem that will be an innovative and more capital efficient way to banking in DeFi.

We explore and innovate at the fringes of Web3 and drive significant value to Web3 users, and ultimately, alpha returns to the Alpha community.

Homora V2 is Alpha Venture DAO’s first product and DeFi’s first leveraged yield farming product that captures the market gap in lending, one of the key pillars of the financial system.

Further information about Alpha Venture DAO can be found here

Rewards by Threat Level

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System. This is a simplified 5-level scale, with separate scales for websites/apps and smart contracts/blockchains, encompassing everything from consequence of exploitation to privilege required to likelihood of a successful exploit.

All web/app bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. For Smart Contract bug reports, PoCs and suggestions for a fix are not required but good to have and encouraged. Explanations and statements are not accepted as PoC and code is required.

Critical smart contract vulnerabilities are capped at 10% of economic damage, primarily taking into consideration funds at risk, but also PR and branding aspects, at the discretion of the team. This includes a bounty of up to USD 500,000 from the Alpha Venture DAO team.

Payouts are handled by the Alpha Venture DAO team directly and are denominated in USD. However, payouts are done in ALPHA for payouts up to USD 500,000. For critical level smart contract vulnerabilities, payouts of up to USD 500,000 will take place with an upfront payout of up to USD 100,000 and USD 50,000 monthly vesting thereafter.

Smart Contract

Up to USD $500,000
USD $20,000
USD $5,000
USD $1,000

Websites and Applications

USD $20,000
PoC Required
USD $10,000
PoC Required
USD $1,000
PoC Required

Assets in scope

In the Github link in the Assets in Scope table, only Exact Match Verified smart contracts are considered as in-scope of the bug bounty program.

Prioritized Vulnerabilities

Impacts in Scope

Only the following impacts are accepted within this bug bounty program. All other impacts are not considered as in-scope, even if they affect something in the assets in scope table.

Smart Contracts/Blockchain

  • Loss of user funds staked (principal) by freezing or theft
  • Loss of governance funds
  • Undesirable flashloan/sandwich exploits
  • Theft of unclaimed yield
  • Freezing of unclaimed yield
  • Smart contract gas drainage
  • Block stuffing without fund transfers blocked
  • Smart contract fails to deliver promised returns, but doesn’t lose value


  • Redirected funds by address modification
  • Accessing sensitive pages without authorization
  • Persistent injection of text or script
  • Users spoofing other users
  • Shell access on server
  • Loss of treasury funds
  • Loss of user funds
  • Incorrect calculations e.g. slippage control that can lead to funds loss

Out of Scope & Rules

The following vulnerabilities are excluded from the rewards for this bug bounty program:

  • Attacks that the reporter has already exploited themselves, leading to damage
  • Attacks requiring access to leaked keys/credentials
  • Attacks requiring access to privileged addresses (governance, strategist)

Smart Contracts and Blockchain

  • Incorrect data supplied by third party oracles
    • Not to exclude oracle manipulation/flash loan attacks
  • Basic economic governance attacks (e.g. 51% attack)
  • Lack of liquidity
  • Best practice critiques
  • Sybil attacks
  • Centralization risks

Websites and Apps

  • Theoretical vulnerabilities without any proof or demonstration
  • Content spoofing / Text injection issues
  • Self-XSS
  • Captcha bypass using OCR
  • CSRF with no security impact (logout CSRF, change language, etc.)
  • Missing HTTP Security Headers (such as X-FRAME-OPTIONS) or cookie security flags (such as “httponly”)
  • Server-side information disclosure such as IPs, server names, and most stack traces
  • Vulnerabilities used to enumerate or confirm the existence of users or tenants
  • Vulnerabilities requiring unlikely user actions
  • URL Redirects (unless combined with another vulnerability to produce a more severe vulnerability)
  • Lack of SSL/TLS best practices
  • DDoS vulnerabilities
  • Attacks requiring privileged access from within the organization
  • Feature requests
  • Best practices

The following activities are prohibited by this bug bounty program:

  • Any testing with mainnet or public testnet contracts; all testing should be done on private testnets
  • 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
  • Automated testing of services that generates significant amounts of traffic
  • Public disclosure of an unpatched vulnerability in an embargoed bounty