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5 February 2021
Charm is a breakthrough Automatic Market Maker (AMM) that can create liquid options on the blockchain. By applying a prediction market scoring rule to the options world, we have invented a new model for options creation, pricing, trading, and settlement. This model powers a new type of AMM that can offer cheap options and higher profits for traders and lower risk for liquidity providers (LPs).
The bug bounty program is focused around its smart contracts used in its products and is mostly concerned with the loss of user funds.
Verification of Charm’s bug bounty program on Immunefi is available at https://twitter.com/CharmFinance/status/1357769860911095809
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.
Payouts are handled by the Charm team directly and are denominated in USD. However, payouts are done in ETH or USDC.
We are especially interested in receiving and rewarding vulnerabilities of the following types:
The following vulnerabilities are excluded from the rewards for this bug bounty program:
The following activities are prohibited by bug bounty program:
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