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Polymesh

Polymesh is an institutional-grade blockchain built specifically for regulated assets that makes it easy to create, issue, and manage tokens on the blockchain. It streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance.

Maximum Bounty
$6,000
Live Since
23 April 2021
Last Updated
06 September 2023
  • PoC required

  • KYC required

Rewards

Rewards by Threat Level

Blockchain/DLT
Critical
Flat: $6,000
Primacy of Rules
High
Flat: $3,000
Primacy of Rules
Medium
Flat: $1,000
Primacy of Rules
Critical Reward Calculation

Reward amount is 10% of the funds directly affected, capped at the maximum critical reward of:

$6,000
The reward is dependent on the ratio between the funds at risk, which includes all affected projects on top of the respective blockchain/DLT, and the market cap according to the average between CoinMarketCap.com and CoinGecko.com, calculated at the time the bug report is submitted.

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, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.

The following assets/impacts are considered out of scope of this program:

In addition, known issues highlighted in previous audits are considered out of scope. See

Polymesh requires KYC to be done for all bug bounty hunters submitting a report and wanting a reward. The information needed is a Name, Address, Phone Number, Email Address and Crypto Address (for payment of the award).

Payouts are handled by the Polymesh team directly and are denominated in USD. However, payouts are done in USDC or POLYX, at the discretion of the bug report submitter.

Program Overview

Polymesh is an institutional-grade blockchain built specifically for regulated assets that makes it easy to create, issue, and manage tokens on the blockchain. It streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance.

For more detailed information about Polymesh, you can visit their website or read their whitepaper.

KYC required

The submission of KYC information is a requirement 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
$6k
High
$3k
Medium
$1k
Total Assets in Scope
1