Hakka Finance
Hakka Finance is a set of decentralized finance (DeFi) applications, which form an all-inclusive ecosystem of tools that allow users to pursue financial sovereignty. The current product offering consists of a stablecoin automated market maker (AMM) DEX, a gamified insurance product, an onchain prediction market and a derivative framework.
PoC required
Rewards
Rewards by Threat Level
Mainnet assets:
Reward amount is 10% of the funds directly affected up to a maximum of:
$1,000,000Rewards 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, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.
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.
The following vulnerabilities are not eligible for a reward:
- In https://github.com/artistic709/ImpermanentGain/blob/main/v2/IGainBase.sol, on line 701, the transaction will fail if reserveOut is smaller than amountIn. This happens when you want to sell Long or Short with burnA() or burnB() and the liquidity is too small compared to the amount to be sold.
Payouts are handled by the Hakka Finance team directly and are denominated in USD. However, payouts are done in USDT, USDC and ETH, with the choice of the ratio at the discretion of the team.
Program Overview
Hakka Finance is a set of decentralized finance (DeFi) applications, which form an all-inclusive ecosystem of tools that allow users to pursue financial sovereignty. The current product offering consists of a stablecoin automated market maker (AMM) DEX, a gamified insurance product, an onchain prediction market and a derivative framework. All of this is administered and governed by a homonymous governance token, which goes by the ticker of HAKKA.
For more information about Hakka Finance, please visit https://hakka.finance/.
This bug bounty program is focused on their smart contracts, website and app and is focused on preventing:
- Any governance voting result manipulation
- Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
- Permanent freezing of funds
- Miner-extractable value (MEV)
- Protocol Insolvency
KYC not required
No KYC information is required for payout processing.
Proof of Concept
Proof of concept is always required for all severities.
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.
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