Moonwell

Submit a Bug
15 February 2022
Live since
No
KYC required
$250,000
Maximum bounty

Program Overview

Moonwell is an open lending, borrowing, and decentralized finance protocol built on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem.

For more information about Moonwell, please visit https://moonwell.fi/.

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

  • Loss of protocol or user funds
  • Smart contract vulnerabilities
  • Denial of service issues
  • Infrastructure vulnerabilities
  • Social media administrative control breaches

Rewards by Threat Level

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2. 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. Explanations and statements are not accepted as PoC and code is required.

All known issues previously highlighted in the following audit report is considered out of scope:

The following are known issues and therefore are out of scope:

  • Borrowing rewards for markets where a reward speed is not set do not accrue without a user calling claim (or someone calling claimBehalf).
  • When setting reward speed = 0 and turning it back on for a market, rewards will accrue as if the new rate was always on.

Rewards for critical smart contract vulnerabilities are further capped at 10% of economic damage, with the main consideration being the funds affected in addition to PR and brand considerations, at the discretion of the team. However, there is a minimum reward of USD 100 000 for Critical bug reports.

Payouts are handled by the Moonwell team directly and are denominated in USD. Payouts will be done in USDC or USDT, at the discretion of the team.

Smart Contract

Critical
Level
Up to USD $250,000
Payout
High
Level
USD $100,000
Payout
Medium
Level
USD $10,000
Payout
Low
Level
USD $5,000
Payout

Websites and Applications

Critical
Level
USD $25,000
Payout
PoC Required
High
Level
USD $10,000
Payout
PoC Required
Medium
Level
USD $5,000
Payout
PoC Required
Low
Level
USD $1,000
Payout
PoC Required

Assets in scope

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

  • Loss of user funds by permanent freezing or direct theft
    Critical
    Impact
  • Loss of governance funds
    Critical
    Impact
  • Governance vote manipulation
    Critical
    Impact
  • Incorrect polling actions or sequence
    Critical
    Impact
  • Theft of unclaimed yield
    High
    Impact
  • Freezing of unclaimed yield
    High
    Impact
  • Temporary freezing of funds for at least 1 hour
    High
    Impact
  • Inability to call smart contract
    Medium
    Impact
  • Smart contract gas drainage
    Medium
    Impact

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)
  • 3rd party services (AWS, Datadog, etc)

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
  • 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