As one of the major DeFi liquidity providers and trading firms, WOO Network launched WOOFi to enhance trading execution and capital efficiency in DeFi. Currently WOOFi consists of swap and stake functions.
Swap is a multi-chain decentralized exchange with high capital efficiency, providing high quality trade execution and lowest swap fees. It utilizes sPMM algorithm which allows market makers to simulate the price and depth of centralized exchange order books.
Stake allows users to stake WOO tokens to capture the swap fee from WOOFi and earn yields on WOO tokens.
WOOFi plans to launch earn features soon.
For more information about WOOFi, please visit https://fi.woo.org/
This bug bounty program is focused on their smart contracts and is focused on preventing:
- Thefts and freezing of principal of any amount
- Thefts and freezing of unclaimed yield of any amount
- Theft of governance funds
- Economic exploits
Rewards by Threat Level
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.
All bug reports must come with a PoC and a suggestion for a fix in order to be considered for a reward.
All known issues previously highlighted in the following audit reports are considered to be out-of-scope:
Payouts are handled by the WOO Network team directly and are denominated in USD. However, payouts are done in WOO.
- USD $100,000
- USD $10,000
- USD $5,000
- USD $1,000
Assets in scope
- Smart Contract - WooRouterType
- Smart Contract - WooPPType
- Smart Contract - WooracleType
- Smart Contract - WooFeeManagerType
- Smart Contract - WooVaultManagerType
- Smart Contract - WooStakingVaultType
- Smart Contract - WooAccessManagerType
All smart contracts of WOOFi can be found at https://github.com/woonetwork/woofi_swap_smart_contracts. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.
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.
- Loss of user funds staked (principal) by freezing or theftCriticalImpact
- Loss of governance fundsCriticalImpact
- Incorrect polling actionsCriticalImpact
- Theft of unclaimed yieldHighImpact
- Freezing of unclaimed yieldHighImpact
- Temporary freezing of funds for 1 dayHighImpact
- Unable to call smart contractMediumImpact
- Smart contract gas drainageMediumImpact
- Smart contract fails to deliver promised returnsLowImpact
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)
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
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