Bao Finance

Submit a Bug
29 October 2021
Live since
No
KYC required
$100,000
Maximum bounty

Program Overview

Bao Finance is a new protocol that adds features to existing DeFi systems.

For more information about Bao Finance, please visit https://www.bao.finance/.

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

  • Loss of user funds staked (principal) by freezing or theft
  • Loss of governance funds
  • Theft of unclaimed yield
  • Freezing of unclaimed yield
  • Temporary freezing of funds for minimum 24 hours
  • Unable to call smart contract
  • Smart contract gas drainage

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 in order to be considered for a reward. All Medium, High, and Critical Smart Contract bug reports require a PoC and a suggestion for a fix to be eligible for a reward.

Payouts are handled by the Bao Finance team directly and are denominated in USD. However, payouts are done in RAI.

Smart Contract

Critical
Level
USD $100,000
Payout
PoC Required
High
Level
USD $25,000
Payout
PoC Required
Medium
Level
USD $5,000
Payout
PoC Required

Websites and Applications

Critical
Level
USD $15,000
Payout
PoC Required

Assets in scope

All smart contracts of Bao Finance can be found at https://github.com/baofinance. 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

  • Any governance voting result manipulation
    Critical
    Impact
  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
    Critical
    Impact
  • Permanent freezing of funds
    Critical
    Impact
  • Miner-extractable value (MEV)
    Critical
    Impact
  • Protocol Insolvency
    Critical
    Impact
  • Theft of unclaimed yield
    High
    Impact
  • Permanent freezing of unclaimed yield
    High
    Impact
  • Temporary freezing of funds
    High
    Impact
  • Smart contract unable to operate due to lack of token funds
    Medium
    Impact
  • Block stuffing for profit
    Medium
    Impact
  • Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol)
    Medium
    Impact
  • Theft of gas
    Medium
    Impact
  • Unbounded gas consumption
    Medium
    Impact

Websites and Applications

  • Execute arbitrary system commands
    Critical
    Impact
  • Retrieve sensitive data/files from a running server such as /etc/shadow, database passwords, and blockchain keys(this does not include non-sensitive environment variables, open source code, or usernames)
    Critical
    Impact
  • Taking down the application/website
    Critical
    Impact
  • Taking state-modifying authenticated actions (with or without blockchain state interaction) on behalf of other users without any interaction by that user, such as, changing registration information, commenting, voting, making trades, withdrawals, etc.
    Critical
    Impact
  • Subdomain takeover with already-connected wallet interaction
    Critical
    Impact
  • Direct theft of user funds
    Critical
    Impact
  • Malicious interactions with an already-connected wallet such as modifying transaction arguments or parameters, substituting contract addresses, submitting malicious transactions
    Critical
    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

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