Mt Pelerin-logo

Mt Pelerin

Mt Pelerin is a Swiss fintech company specialized in solutions to bridge the crypto economy with traditional banking and finance.

Arbitrum
Avalanche
BSC
Base
Bitcoin
ETH
Gnosis
Optimism
Polygon
Rootstock
Tezos
Defi
Exchange
Bridge
CEX
Wallet
Solidity
Maximum Bounty
$5,000
Live Since
08 February 2021
Last Updated
18 November 2024
  • PoC required

Rewards

Mt Pelerin provides rewards in ETH, BTC, USDT, USDC, or DAI on Avalanche, Arbitrium, Base, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Flat: $5,000
Primacy of Rules
High
Flat: $1,000
Primacy of Rules
Critical Reward Calculation

Mainnet assets:

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

$5,000
Websites and Applications
Critical
Flat: $5,000
Primacy of Rules
High
Flat: $1,000
Primacy of Rules

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.

Additionally, all bug reports without proof of concept exploits with demonstrated impact, as well as recommendations for new features, are not accepted.

Payouts are handled by Mt Pelerin directly and are estimated in USD. However, payouts are done in ETH, BTC, USDT, USDC, or DAI.

Program Overview

Mt Pelerin is a Swiss fintech company specialized in solutions to bridge the crypto economy with traditional banking and finance. Today it offers two key products: Bridge Protocol, an open-source ERC20 asset tokenization platform with related tech, financial, legal and compliance services, as well as Bridge Wallet, a non-custodial Bitcoin and Ethereum mobile wallet with live crypto-fiat on/off-ramp.

The bug bounty program is focused around its smart contracts, mobile apps and website, and is mostly aimed at addressing serious security issues directly affecting fund safety and user data protection.

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

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
$5k
High
$1k
Total Assets in Scope
32