Join the Immunefi Discord serverLet's do it
3 March 2021
Ruler Protocol is a lending platform where users can borrow their preferred cryptocurrency with any other cryptocurrency as collateral.
It aims to fill the gap by enabling the following:
With Ruler, as long as you follow the rules, you will never have to worry about health factors or having your position liquidated.
Ruler pairs are at the core of Ruler Protocol. Each pair consists of the following elements:
Each Ruler pair issues two fungible tokens (rTokens). rTokens are minted for each staking event by a borrower. The Ruler capital token (rcToken) represents the right to collect the payments of the loan after expiry. The Ruler repayment token (rrToken) represents the obligation to pay back the loan and receive the collateral before expiry. If borrowers don’t payback on time, the loan is considered defaulted, and collaterals are forfeited by the borrowers.
The bug bounty program is focused around its smart contracts and the prevention of loss of user funds.
Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System. 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.
Smart Contracts and Blockchain
|Critical||Up to USD $1,000,000*|
Payouts are handled by the Ruler team directly and are denominated in USD. Payouts are done in RULER.
*The final reward amount is capped at 10% of the funds at risk based on the vulnerability reported.
|https://etherscan.io/address/0x2aECCB42482cc64E087b6D2e5Da39f5A7A7001f8#code||Smart Contract - RULER Token|
|https://etherscan.io/address/0xF19f4490A7fCCfEf2DaB8199ACDB2Dc1B9027C18#code||Smart Contract - Ruler Core|
|https://etherscan.io/address/0x3423c8Af3a95D9FEE7Ec06c4e0E905D4fd559F89#code||Smart Contract - Ruler Mining|
|https://etherscan.io/address/0x1447Db893bC4f6767460AD72359deAd840339c6a#code||Smart Contract - Ruler Oracle|
|https://etherscan.io/address/0xBd856654bA2B6DC12C55A7Bff9730eD5b056b1b1#code||Smart Contract - Ruler Zap|
We are especially interested in receiving and rewarding vulnerabilities of the following types:
The following vulnerabilities are excluded from the rewards for this bug bounty program:
The following activities are prohibited by bug bounty program:
Join our whitehat community and get notified when new bounties launch on the platform