Baanx

Infrastructure related to card processing includes many third-party vendors including Visa, Mastercard, processors, and fraud-risk engines which protect the related infrastructure.

Attacks on those third-party systems are out-of-scope, but any attack that bypasses fraud/risk checks, that are not caught by these fraud/risk systems, would be considered in-scope.

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 $50,000. 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 $10,000 is to be rewarded in order to incentivize security researchers against withholding a critical bug report.

For critical web and applications vulnerabilities, reports will be eligible for a reward of up to $50,000. Many card vulnerabilities are mitigated at daily settlement with merchant, so any and all attacks related to user spending and infrastructure must focus on impact and must demonstrate:

• loss of funds resulting from an attack that does not require user interaction or consent, collusion with a merchant or using that merchant to generate fraudulant transactions, and must result in unauthorized transfer of funds, misdirection of funds, unbounded spending beyond limits even following daily settlement, or exposure of transactional keys or encryption keys.

• Infrastructure breaches exposing cryptographic secret keys, personally identifiable information (PII) of multiple users beyond the reporter's own record, or scenarios enabling unauthorized spend or loss of funds affecting the platform or a user other than the currently authenticated individual.

• Unauthorized leakage of private keys or private key generation mechanisms, leading to direct access and compromise of user funds.

• Unbounded loss/spend of funds resulting from transactions which bypass internal controls , merchant controls, and card/processor controls which over-spend users unsettled funds beyond daily acceptable risk threadsholds that are not detected by fraud or risk systems.

All other impacts that would be classified as Critical would be rewarded a flat amount of $5,000. The rest of the severity levels are paid out according to the Impact in Scope table.

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.
• The amount of funds at risk will be calculated with the impact of the first attack being at 100% and then a reduction of 25% from the amount of the first attack for every [300 blocks] the attack needs for subsequent attacks from the first attack, rounded down.

Reward Calculation for High Level Reports

High vulnerabilities concerning theft/permanent freezing of unclaimed yield/royalties - when available on the platform - are rewarded within a range of $5,000 to $10,000 with the reward calculated based on 100% of the funds at risk, though 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.