Sapience

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 $10,000. 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 $5,100 is to be rewarded in order to incentivize security researchers against withholding a critical bug report.

For critical smart contract bugs on testnet assets, the reward is paid as a flat amount of $1,000. This is because there are no actual funds at risk on the testnet, hence limits objective calculation.

For critical web/app bugs, reports will be rewarded with $10,000 only if the impact leads to:

-A loss of funds involving an attack that does not require any user action -Private key or private key generation leakage leading to unauthorized access to user funds

All other impacts classified as Critical will be rewarded a flat amount of $5,100. The rest of the severity levels are paid out according to the Impact in Scope table.

DoS and Availability Impact Classification Availability degradation resulting from sustained high-volume request load or the absence of rate limiting on public endpoints is not eligible for Critical classification. To qualify as Critical, a taking-down-the-application impact must result from a deterministic, logic-based vulnerability that does not require sustained abusive traffic. Demonstrated rate-limiting weaknesses with a working PoC may be considered for Medium severity at the discretion of the Sapience team.

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 affected component. 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 cumulative impact of the repeatable attacks will be considered for a reward. 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 or permanent freezing of unclaimed yield are rewarded within a range of $2,600 to $5,000 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 24 hours that funds are temporarily frozen, up to the maximum high reward cap.

Reward Payment Terms Payouts are handled by the Sapience team directly and are denominated in USD. Payments are made in USDC on Ethereum L1.

The net reward amount is calculated based on the average price between CoinMarketCap.com and CoinGecko.com at the time the bug report was submitted. No adjustments are made based on liquidity availability.