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ZeroLend

ZeroLend is one of the leading DeFi lending platforms with a focus on the longer tail of assets such as LRTs, RWAs, and memecoins managing a total of over 220 million TVL.

Defi
Lending
Maximum Bounty
$100,000
Live Since
05 December 2024
Last Updated
06 December 2024
  • PoC required

  • Vault program

VaultImmunefi vault program

Funds available

$223,959.43

30d Avg. Funds availability

$161,290.01

Assets in vault

  • 850.0M  ZERO

Public vault address

0xEe969C869251ef5cFf9403756CE2Bc9fE72d3Cf5

Rewards

ZeroLend provides rewards in $ZERO on Linea, denominated in USD.

Rewards by Threat Level

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3.

Reward Calculation for Critical Level Reports

For critical smart contract bugs, the reward amount is 10% of the funds directly affected up to a maximum of USD 100 000. The calculation of the amount of funds at risk is based on the time and date the bug report is submitted. However, a minimum reward of USD 20 000 is to be rewarded in order to incentivize security researchers against withholding a critical bug report.

Repeatable Attack Limitations

If the smart contract where the vulnerability exists can be upgraded or paused, only the initial attack will be considered for a reward. This is because the project can mitigate the risk of further exploitation by upgrading or pausing the component where the vulnerability exists. The reward amount will depend on the severity of the impact and the funds at risk.

For critical repeatable attacks on smart contracts that cannot be upgraded or paused, the project will consider the cumulative impact of the repeatable attacks for a reward. This is because the project cannot prevent the attacker from repeatedly exploiting the vulnerability until all funds are drained and/or other irreversible damage is done. Therefore, this warrants a reward equivalent to 10% of funds at risk, capped at the maximum critical reward.

Reward Calculation for High Level Reports

High vulnerabilities concerning theft/permanent freezing of unclaimed yield/royalties are rewarded within a range of USD 5 000 to USD 20 000 depending on the funds at risk, capped at the maximum high reward.

In the event of temporary freezing, the reward doubles from the full frozen value for every additional [24h] that the funds are temporarily frozen, up until a max cap of the high reward. This is because as the duration of the freezing lengthens, the potential for greater damage and subsequent reputational harm intensifies. Thus, by increasing the reward proportionally with the frozen duration, the project ensures stronger incentives for bug disclosure of this nature.

Temporary Freezing of Funds

If the minimum threshold of temporary freezing for at least 1 hour is not met then the report will be downgraded to Medium severity.

Program Overview

ZeroLend is one of the leading DeFi lending platforms with a focus on the longer tail of assets such as LRTs, RWAs, and memecoins managing a total of over 220 million TVL.

ZeroLend's core product is its decentralized non-custodial liquidity market. ZeroLend is a fork of AAVE V3 with changes in the incentive mechanisms that make it similar to Radiant Capital.

For more information about ZeroLend, please visit https://zerolend.xyz/

ZeroLend provides rewards in $ZERO on Linea, denominated in USD. For more details about the payment process, please view the Rewards by Threat Level section further below.

ZeroLend has participated in Immunefi’s Boost. To view the result of the audit contest, please visit https://immunefi.com/boost/zerolend-boost/ This bug bounty program will have a hard cap of USD 500 000. If multiple bug reports are submitted that exceed this amount, the rewards will be provided on a first come first served basis until that cap is reached.

Audits

Auditor
All External Audits
Completed at
6 December 2024
Auditor
Immunefi Boost Results
Completed at
6 December 2024

KYC not required

No KYC information is required for payout processing.

Proof of Concept

Proof of concept is always required for all severities.

Responsible Publication

Category 3: Approval Required

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.

30d Avg. Funds Availability
$161,290.01
Total Assets in Scope
1