Flamingo Finance

Submit a Bug
14 February 2022
Live since
No
KYC required
$1,000,000
Maximum bounty
28 November 2022
Last updated

Program Overview

Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. Flamingo is comprised of five main components, including Wrapper - a crosschain asset gateway, Swap - an on-chain liquidity provider, Vault - a one-stop asset manager, Perp - an AMM-based perpetual contract trading platform, and also DAO - a decentralized governance mechanism. FLM is the governance token of Flamingo and will be 100% distributed to the community based on participation.

For more information about Flamingo Finance, please visit https://flamingo.finance/.

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

  • Thefts and freezing of unclaimed yield of any amount (including frontend code injection attacks)
  • Thefts and freezing of principal of any amount (including frontend code injection attacks)
  • Website goes down
  • Access to admin accounts without authorization (Service management cloud software, e-mails, etc.)
  • Smart contract hacks that lead to users losing funds
  • Smart contract hacks that leads to smart contracts malfunctioning
  • Smart contract exploits in general

Rewards by Threat Level

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 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 with an end-effect impacting an asset-in-scope in order to be considered for a reward. All High and Critical Smart Contract bug reports require a PoC to be eligible for a reward. Explanations and statements are not accepted as PoC and code is required.

Critical smart contract vulnerabilities are capped at 10% of economic damage, primarily taking into consideration funds at risk, but also PR and branding aspects, at the discretion of the team. However, there is a minimum reward of USD 50 000.

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

Smart Contract

Critical
Level
Up to USD $1,000,000
Payout
PoC Required
High
Level
USD $40,000
Payout
PoC Required
Medium
Level
USD $4,000
Payout
Low
Level
USD $1,000
Payout

Websites and Applications

Critical
Level
USD $25,000
Payout
PoC Required
High
Level
USD $10,000
Payout
PoC Required
Medium
Level
USD $1,000
Payout
PoC Required

Assets in scope

Assets in Scope Listed Below.

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

  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
    Critical
    Impact
  • Permanent freezing of funds
    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
  • Contract fails to deliver promised returns, but doesn't lose value
    Low
    Impact

Websites and Applications

  • Execute arbitrary system commands on critical infrastructure
    Critical
    Impact
  • Retrieve sensitive data that might result in loss of funds 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, 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
  • Injecting/modifying the static content on the target application without Javascript (Persistent) such as HTML injection without Javascript, replacing existing text with arbitrary text, arbitrary file uploads, etc
    High
    Impact
  • Changing sensitive details of other users (including modifying browser local storage) without already-connected wallet interaction and with up to one click of user interaction, such as email or password of the victim, etc
    High
    Impact
  • Improperly disclosing confidential user information such as email address, phone number, physical address, etc
    High
    Impact
  • Subdomain takeover without already-connected wallet interaction
    High
    Impact
  • Changing non-sensitive details of other users (including modifying browser local storage) without already-connected wallet interaction and with up to one click of user interaction, such as changing the user name, or enabling/disabling notifications
    Medium
    Impact
  • Injecting/modifying the static content on the target application without Javascript (Reflected) such as reflected HTML injection or loading external site data
    Medium
    Impact
  • Redirecting users to malicious websites (Open Redirect)
    Medium
    Impact

These accepted impacts are then based on the severity classification system of this bug bounty program. When submitting a bug report, please select the severity level you feel best corresponds to the severity classification system as long as the impact itself is one of the listed items.

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
  • Centralization risks

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