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Balmy

Balmy is your home for accessing the world of decentralized finance as it was meant to be: safe, open, and intuitive. Swap your assets at the best price, make recurring investments into your favorite tokens, or transfer money easily — all in one place that meets your immediate financial needs and sets you up for long-term success.

Arbitrum
BSC
ETH
Optimism
Polygon
Defi
Asset Management
Solidity
Maximum Bounty
$25,000
Live Since
12 April 2022
Last Updated
02 December 2024
  • PoC required

Rewards

Balmy provides rewards in USDC on Ethereum, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Flat: $25,000
Primacy of Rules
High
Flat: $10,000
Primacy of Rules
Medium
Flat: $1,000
Primacy of Rules
Low
Flat: $1,000
Primacy of Rules

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.2. This is a simplified 5-level scale, with separate scales for websites/apps, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.

Issues previously highlighted in the following audit reports are considered as out of scope:

In addition, the following bug are also considered out of scope:

  • The team is aware that UniswapV3 TWAP oracles can be manipulable if liquidity is low and there is a warning for low liquidity pairs on the front-end to address this. Hence, security assessments should be done under the assumption that oracles return the correct price.
  • Tokens exhibiting non-standard ERC20 behavior that only affects holders of that token and does not impact any other assets managed by Balmy. (E.g., a transfer function that fails to update users balances).
  • Bug reports that require escalated privileges

Payouts are handled by the Balmy team directly and are denominated in USD. However, payouts are done in USDC.

Program Overview

Balmy is your home for accessing the world of decentralized finance as it was meant to be: safe, open, and intuitive. Swap your assets at the best price, make recurring investments into your favorite tokens, or transfer money easily — all in one place that meets your immediate financial needs and sets you up for long-term success.

For more information about Balmy, please visit https://balmy.xyz. Docs at https://docs.balmy.xyz.

KYC not required

No KYC information is required for payout processing.

Proof of Concept

Proof of concept is always required for all severities.

Prohibited Activities

Default 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.

Severity
Min. - Max.
Critical
$25k
High
$10k
Medium
$1k
Low
$1k
Total paid reports

4 reports

Med. Resolution Time
2 hours
Total Assets in Scope
20