Ref Finance

Ref Finance is a community-led, multi-purpose DeFi platform built on NEAR Protocol. Ref takes full advantage of NEAR’s low fees, one-to-two second finality, and WebAssembly-based runtime (hello, Rust smart contracts!).

In addition to the advantages of being built on top of NEAR, Ref Finance provides:

• Multiple pools in one contract
• Atomic transactions
• Customisable pool fee
• Liquidity Aggregation across networks

For more information about Ref Finance, please visit https://www.ref.finance/.

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.

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. In addition, all bug reports must come with a suggestion for a fix in order to be considered for a reward.

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 50 000 for Critical smart contract bug reports.

Issues previously highlighted in the following audit report are considered as out of scope:

• https://422665050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MhIB0bSr6nOBfTiANqT-2910905616%2Fuploads%2Fh8mipVuJTakoLC6XmzfU%2FRef%20Finance%20Security%20Audit-1.pdf?alt=media&token=cf0398d1-97d5-4367-9776-07bc8e4c67ea

Payouts are handled by the Ref Finance team directly and are denominated in USD. However, payouts are done in USDT, USDC, NEAR, wNEAR or REF, at the discretion of the team.

Smart Contract

Websites and Applications

All smart contracts of Ref Finance can be found at https://github.com/ref-finance. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

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)

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
• Attacks requiring physical access to the victim device
• Attacks requiring access to the local network of the victim
• Reflected plain text injection ex: url parameters, path, etc.
  • This does not exclude reflected HTML injection with or without javascript
  • This does not exclude persistent plain text injection
• Self-XSS
• Captcha bypass using OCR without impact demonstration
• CSRF with no state modifying security impact (ex: logout CSRF)
• Missing HTTP Security Headers (such as X-FRAME-OPTIONS) or cookie security flags (such as “httponly”) without demonstration of impact
• Server-side non-confidential information disclosure such as IPs, server names, and most stack traces
• Vulnerabilities used only to enumerate or confirm the existence of users or tenants
• Vulnerabilities requiring un-prompted, in-app user actions that are not part of the normal app workflows
• Lack of SSL/TLS best practices
• DDoS vulnerabilities
• Feature requests
• Issues related to the frontend without concrete impact and PoC
• Best practices issues without concrete impact and PoC
• Vulnerabilities primarily caused by browser/plugin defects
• Leakage of non sensitive api keys ex: etherscan, Infura, Alchemy, etc.
• Any vulnerability exploit requiring browser bugs for exploitation. ex: CSP bypass

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