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7 March 2021
Delta is a tokenized form of liquidity that aims to create competitive Options through unique liquidity deployments. Two tokens work together inside the system to achieve Delta’s Open Vesting Liquidity. The Delta token, which creates vesting schedules upon transfer and the rLP token which secures the infrastructure through the locking of assets.
Delta has a vesting mechanism built into its token that is triggered on transfer. This vesting period is based on a block number schedule. When Delta is transferred, a token vesting schedule is activated. 10% of the total token balance is sent to the user while 90% is initially locked and released linearly, over a 2 week period.
The bug bounty program is focused around its smart contracts and the prevention of loss of user funds, general improvements and gas improvements.
Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System, but at the sole discretion of and classification of the severity by the Delta Team. 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.
Smart Contracts and Blockchain
|Critical||Up to USD $1,500,000*|
|High||Up to USD $25,000|
|Medium||Up to USD $10,000|
|Low||Up to USD $2,000|
*The final reward is capped at 10% of the funds at risk based on the vulnerability reported.
The likelihood of exploitability is also taken into consideration in the determination of the final payout amount based on the severity of the bug reported according to the table below:
In addition to the Immunefi Vulnerability Severity Classification System, the following information is provided by the Delta team for further clarity. Whenever there is a conflict between these two, the information provided by the Delta team here will prevail.
High or Medium (depending on exploitability and impact)
Special Reward: Gas improvements
A special reward of up to $2,000 for gas improvements is provided. Prove and explain why calls could use less gas. The priority is the Delta token and the most incentivized is the Delta token. After that in priority is the deep farming vault. Gas usage is not a priority in other contracts - safety is.
Payouts are handled by Delta team directly and are denominated in USD. All payouts are done in ETH. This bug bounty program has a maximum cumulative amount of $2MM worth of Ethereum for all bug/vulnerability findings.
As with all bug reports submitted on Immunefi, bug reports are handled on a first-come-first-serve basis.
|https://github.com/Delta-Financial/Smart-Contracts/blob/master/contracts/v076/DELTAToken.sol||Smart contract - DeltaToken|
|https://github.com/Delta-Financial/Smart-Contracts/blob/master/contracts/v076/Periphery/Vaults/DELTA_Deep_Farming_Vault.sol||Smart contract - Deep Farming Vault|
|https://github.com/Delta-Financial/Smart-Contracts/blob/master/contracts/v076/Periphery/DELTA_Rebasing_Liquidity_Token.sol||Smart contract - rebasing LP|
As noted in the Delta repository, only smart contracts with the
// DELTA-BUG-BOUNTY comment are included in the program.
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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