Anvil is a decentralized finance (DeFi) protocol for the issuance of fully secured credit. The protocol's Ethereum-based smart contracts allow users to deposit collateral in a vault, issue letters of credit, and supply assets to staking pools. For more information about Anvil, please visit https://anvil.xyz/
Live
Triaged by Immunefi
PoC required
KYC required
This Audit Competition Is Live!
$30,000 USD is available in rewards for finding bugs in Anvil's Letters Of Credit contract of 1622 nSLOC.
KYC is required.
Any technical questions and support requests can be asked directly to Anvil or Immunefi in the Anvil Letters Of Credit Audit Competition Discord channel.
When the Audit Competition has ended Immunefi will publish an event-specific leaderboard and bug reports from the event.
For more information about Anvil, please visit https://anvil.xyz/
Rewards
Rewards by Threat Level
The following reward terms are a summary. For the full details read our Anvil: Letters of Credit Audit Competition Reward Terms
A reward pool of $30,000 USD will be distributed among participants, even if no valid bugs are found.
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.
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 (Audit Competitions) & 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 are not eligible for a reward.
Program Overview
Anvil is a decentralized finance (DeFi) protocol for the issuance of fully secured credit. The protocol's Ethereum-based smart contracts allow users to deposit collateral in a vault, issue letters of credit, and supply assets to staking pools. Anvil's mission is to provide flexible building blocks to bring efficient and transparent collateralized finance into an increasingly decentralized world.
For more information about Anvil, please visit https://anvil.xyz/
Anvil provides rewards in USDT on Ethereum, denominated in USD.
This Audit Competition is running on mainnet. The following conditions apply:
- Anvil team will freeze the in-scope codebase for the duration of the Audit Competition
- Duplicates are rewarded
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.