Glo Dollar
Glo is a fully backed stablecoin pegged to the US dollar. We're non-profit. Like other stablecoin companies, we earn interest from our reserves. The difference: we give all of it away to reduce extreme poverty. You can generate basic income for people in extreme poverty simply by owning Glo. More Glo adoption means more basic income for more people.
PoC required
KYC required
Rewards
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, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.
All High and Critical Smart Contract bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. Explanations and statements are not accepted as PoC and code is required.
Glo requires KYC to be done for all bug bounty hunters submitting a report and wanting a reward. The information needed are name, address, date and full amount you claim, clearly stated on an invoice. The collection of this information will be done by the project team.
Payouts are handled by the Glo team directly and are denominated in USD. However, payouts are done in USDC.
Program Overview
Glo is a fully backed stablecoin pegged to the US dollar. We're non-profit. Like other stablecoin companies, we earn interest from our reserves. The difference: we give all of it away to reduce extreme poverty. You can generate basic income for people in extreme poverty simply by owning Glo. More Glo adoption means more basic income for more people.
For more information about Glo, please visit https://www.glodollar.org/
KYC required
The submission of KYC information is a requirement for payout processing.
Proof of Concept
Proof of concept is always required for all severities.
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.