Euphrates-logo

Euphrates

Euphrates allows stakers and liquidity providers of LSTs (liquid staking tokens) to earn boosted rewards in ACA as well as participating project tokens with minimum effort.

Polkadot
Defi
Derivatives
Liquid Staking
Solidity
Maximum Bounty
$50,000
Live Since
30 October 2023
Last Updated
18 November 2024
  • PoC required

Rewards

Euphrates provides rewards in USDC on Polkadot, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Max: $50,000Min: $15,000
Primacy of Impact
High
Max: $10,000Min: $2,000
Primacy of Impact
Medium
Flat: $1,500
Primacy of Impact
Critical Reward Calculation

Mainnet assets:

Reward amount is 10% of the funds directly affected up to a maximum of:

$50,000

Minimum reward to discourage security researchers from withholding a bug report:

$15,000

Rewards are distributed according to the impact the vulnerability could otherwise cause based on the Impacts in Scope table further below.

Reward Calculation for Critical Level Reports

For critical Smart Contract bugs, the reward amount is 10% of the funds directly affected up to a maximum of USD 50,000. The calculation of the amount of funds at risk is based on the time and date the bug report is submitted. However, a minimum reward of USD 10,000 is to be rewarded in order to incentivize security researchers against withholding a bug report.

Reward Calculation for High Level Reports

High smart contract vulnerabilities will be capped at up to 10% of the funds affected. up to the hard cap of USD 10,000. However, a minimum reward of USD 2,000 is to be rewarded in order to incentivize security researchers against withholding a bug report.

Previous Audits

Euphrates has provided these completed audit review reports for reference. Any unfixed vulnerability mentioned in these reports are not eligible for a reward.

Proof of Concept (PoC) Requirements

A PoC is required for the following severity levels:

  • Smart Contract, Critical
  • Smart Contract, High
  • Smart Contract, Medium

All PoCs submitted must comply with the Immunefi-wide PoC Guidelines and Rules. Bug report submissions without a PoC when a PoC is required will not be provided with a reward.

Reward Payment Terms

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

Program Overview

Euphrates allows stakers and liquidity providers of LSTs (liquid staking tokens) to earn boosted rewards in ACA as well as participating project tokens with minimum effort.

For more information about Euphrates, please visit https://farm.acala.network/

Euphrates provides rewards in USDC. For more details about the payment process, please view the Rewards by Threat Level section further below.

Primacy of Impact vs Primacy of Rules

Euphrates adheres to the Primacy of Impact for the following severity levels:

  • Smart Contracts, Critical
  • Smart Contracts, High

If a category’s severity level is covered within the Primacy of Impact, it means that even if the impacted asset is not in-scope but is owned by the project, then it would be considered as in-scope of the bug bounty program as long as it involves an impact under that respective severity level. When submitting a report, just select the Primacy of Impact asset placeholder. If the team behind this project has multiple projects, those other projects are not covered under the Primacy of Impact of this program. Instead, check if those other projects have a bug bounty program on Immunefi.

Testnet and mock files are not covered under the Primacy of Impact.

All other severity levels not listed here are considered under the Primacy of Rules, which means that they are bound by the terms of the bug bounty program.

KYC not required

No KYC information is required for payout processing.

Proof of Concept

Proof of concept is always required for all severities.

Responsible Publication

Category 2: Notice Required

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
$15k -$50k
High
$2k -$10k
Medium
$1.5k
Total Assets in Scope
2