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IOP | Fluid Protocol

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Fluid Protocol's Invite-Only Program is a form of Audit Competition which is exclusively accessible to a select group of security researchers who have submitted at least 1 valid report during Fuel Attackathon event. These researchers will share a flat reward pool for every valid bug found.

Fuel Network
Sway

Evaluating

2d: 22h remaining
Rewards Pool
$80,000
Vault TVL
To be determined
Started
14 November 2024
Ended
12 December 2024
Rewards Token
USDC
nSLOC
6,120
  • Triaged by Immunefi

  • PoC required

  • KYC required

This Audit Competition Is Under Evaluation

Started
14 November 2024 11:00 UTC
Ended
12 December 2024 10:00 UTC

Rewards

IOP | Fluid Protocol provides rewards in USDC on Ethereum, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Portion of the reward pool
High
Portion of the reward pool
Medium
Portion of the reward pool
Low
Portion of the reward pool
All categories *
Insight
Portion of the Reward Pool

The following reward terms are a summary, for the full details read our Fluid Protocol Invite-only program Reward Distribution Terms.

A reward pool of $80,000 USD will be distributed among participants, even if no valid bugs are found.

Duplicates and private known issues are valid for a reward.

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3.

Rewards will be distributed all at once based on Immunefi’s distribution formula after the event has concluded and the final bug reports have been resolved.

Insight Rewards Payment Terms

Insight Rewards: Portion of the Rewards Pool

  • The "Insight" severity was introduced on Audit Competition & Attackathon programs to recognize contributions that extend beyond identifying immediate vulnerabilities. Currently, it's not an option to select the Insight severity when submitting a report. However, our team or program will designate it accordingly if applicable. "Insights" underscores our commitment to valuing all types of contributions that contribute to a more secure environment and will always be rewarded. View more information about Insights

Private known issues will unlock higher reward pools as though they were one severity level lower. For example, a Critical severity bug which was a private known issue would unlock the reward pool conditional on a High severity bug being found.

The severity level of private known issues remains unchanged and whitehats earn their portion of the reward pool and position on the leaderboard according to this unchanged severity level. Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3.

Program Overview

Fluid Protocol is an over-collateralized, decentralized borrowing platform specifically built for Fuel Network. Fluid provides users with a secure and efficient way to unlock liquidity from their collateral without selling their underlying assets, thereby enabling maximum capital efficiency.

USDF, the flagship product, is an over-collateralized native stablecoin soft-pegged to the US Dollar. By depositing collateral, borrowers can draw 0% interest-free loans, offering immediate liquidity while retaining ownership of their collateral—all without incurring interest charges or recurring fees. This battle-tested approach meets the demand within the Fuel community for a decentralized, stable unit of account.

For more information about Fluid Protocol, please visit fluidprotocol.xyz

Fluid Protocol GH repo: https://github.com/Hydrogen-Labs/fluid-protocol

Fluid Protocol provides rewards in USDC, denominated in USD.

This Audit Competition is running on mainnet. The following conditions apply:

  1. Fluid team will freeze the codebase during the duration of the Audit Competition
  2. Duplicates are rewarded

Audits

KYC required

The submission of KYC information is a requirement for payout processing.

Participants must adhere to the Eligibility Criteria.

Proof of Concept

Proof of concept is always required for all severities.

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