Buttonwood-logo

Buttonwood

Buttonwood is a DeFi project creating and implementing various DeFi protocols, including liquidity aggregation, price-stabilization wrappers, governance, peer-to-peer lending, and risk stratification.

ETH
Defi
AMM
Oracle
Stablecoin
Solidity
Maximum Bounty
$500,000
Live Since
28 October 2021
Last Updated
08 April 2024
  • PoC required

  • KYC required

Rewards by Threat Level

Smart Contract
Critical
USD $100,000 to USD $500,000
High
USD $25,000 to USD $100,000
Medium
USD $2,000 to USD $25,000
Low
Up to USD $2,000

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.

Critical smart contract bug reports are further capped at 10% of economic damage, primarily taking into consideration the funds at risk, but also considering other aspects such as PR and branding considerations, at the discretion of the team. However, there is a minimum reward of USD 100 000.

Bug reports of other severity levels will take into consideration the exploitability and impact of the bug reports had they been executed. Buttonwood reserves the right to make the final decision on the reward amount.

Payouts are handled by the Buttonwood team directly and are denominated in USD. However, payouts are done in ETH or USDC, at the discretion of the team.

Program Overview

Buttonwood is a DeFi project creating and implementing various DeFi protocols, including liquidity aggregation, price-stabilization wrappers, governance, peer-to-peer lending, and risk stratification.

Buttonwood’s approach to innovation focuses on composability—we believe the most useful smart contracts are building blocks, not walled gardens. They should be open-source and as minimal as possible—we seek to build primitives to be used by the entirety of digital finance, not platforms to extract value from the ecosystem. These protocols can be used and incorporated into any other protocol without restriction.

For more information about Buttonwood, please visit https://button.foundation.

This bug bounty program is focused on their smart contracts and website and is focused on preventing the following impacts:

  • Theft and freezing of principal
  • Theft and freezing of unclaimed yield
  • Theft and freezing of fees
  • Griefing of core functionality

KYC required

The submission of KYC information is a requirement for payout processing.

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.