Beefy Finance
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem. The main product offered by Beefy Finance are the 'Vaults' in which users stake their crypto tokens.
PoC required
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 web and app bugs must come with a PoC in order to be accepted. All web and app bug reports without a PoC will be rejected with a request for a PoC.
All bug reports must come with a suggestion on how to fix the vulnerability in order to be considered for a reward.
Payouts are handled by the Beefy Finance team directly and are denominated in USD. Payouts are done in a stablecoin, BTC, or ETH, at the discretion of the team.
Program Overview
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem. The main product offered by Beefy Finance are the 'Vaults' in which users stake their crypto tokens. The investment strategy tied to the specific vault will automatically increase the user’s deposited token amount by compounding arbitrary yield farm reward tokens back into their initially deposited asset. Despite what the name 'Vault' suggests, user funds are never locked in any vault on Beefy Finance: users can always withdraw at any moment in time.
For more information about Beefy Finance, please visit https://www.beefy.finance/.
The bug bounty program covers its smart contracts and apps and is focused on the prevention of the following negative impacts:
- Significant Vault hack/exploit
- Theft of Governance Funds
- Website down/DDOS attack
KYC not required
No KYC information is required for payout processing.
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.