08 December 2021
Live since
No
KYC required
$100,000
Maximum bounty

Program Overview

APWine is a protocol for tokenizing yield and an AMM for trading tokenized yield. The concept and function of tokenizing yield enables speculating, hedging, borrowing, and leveraging assets with new (to defi) strategies. Tokenizing yield has motivated several teams in the DeFi space, including yours truly, to develop products that will serve these functions.

The APWine protocol is currently in testnet phase. This program is due to evolve in parallel with the state of the protocol and its code.

For more information about APWine, please visit https://www.apwine.fi/.

This bug bounty program is focused on their smart contracts and is focused on preventing:

  • Thefts and freezing of principal of any amount
  • Thefts and freezing of unclaimed yield of any amount
  • Theft of governance funds
  • Governance activity disruption

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.

Prior to the official launch of APWine this bug bounty program will also have a hard cap of USD 400 000. In the event that multiple bug reports are submitted that exceed this amount, the rewards will be provided on a first come first served basis. All remaining valid reports will have their rewards considered after the launch of the project.

Payouts are handled by the APWine team directly and are denominated in USD. However, payouts are done in ETH,APW, USDC,USDT,DAI, with the choice of the ratio at the discretion of the team.

Smart Contract

Critical
Level
USD $100,000
Payout
High
Level
USD $50,000
Payout
Medium
Level
USD $15,000
Payout
Low
Level
USD $3,000
Payout

Assets in scope

However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

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 Contract

  • Loss of user funds staked (principal) by freezing or theft
    Critical
    Impact
  • Loss of governance funds
    Critical
    Impact
  • Vote manipulation
    Critical
    Impact
  • Incorrect polling actions
    Critical
    Impact
  • Loss of user funds (e.g. vaults drained/ exploit of amm weights mechanisms with flash loans)
    Critical
    Impact
  • Theft of unclaimed yield
    High
    Impact
  • Freezing of unclaimed yield
    High
    Impact
  • Temporary freezing of funds for any amount of time
    High
    Impact
  • Unable to call smart contract
    Medium
    Impact
  • Smart contract gas drainage
    Medium
    Impact
  • Smart contract fails to deliver promised returns
    Low
    Impact

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

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