Hakka Finance-logo

Hakka Finance

Hakka Finance is a set of decentralized finance (DeFi) applications, which form an all-inclusive ecosystem of tools that allow users to pursue financial sovereignty. The current product offering consists of a stablecoin automated market maker (AMM) DEX, a gamified insurance product, an onchain prediction market and a derivative framework.

BSC
ETH
Polygon
Defi
AMM
DEX
Insurance
Stablecoin
JavaScript
Solidity
Maximum Bounty
$1,000,000
Live Since
28 March 2022
Last Updated
08 April 2024
  • PoC required

Rewards

Hakka Finance provides rewards in USDT, USDC and ETH on Ethereum, Base, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Up to USD $1,000,000
High
Up to USD $10,000
Medium
Up to USD $3,000
Websites and Applications
Critical
Up to USD $15,000
High
Up to USD $5,000

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, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.

All web/app bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. All High and Critical Smart Contract bug reports require a PoC to be eligible for a reward. Explanations and statements are not accepted as PoC and code is required.

Critical smart contract vulnerabilities are capped at 10% of economic damage, primarily taking into consideration funds at risk, but also PR and branding aspects, at the discretion of the team.

The following vulnerabilities are not eligible for a reward:

Payouts are handled by the Hakka Finance team directly and are denominated in USD. However, payouts are done in USDT, USDC and ETH, with the choice of the ratio at the discretion of the team.

Program Overview

Hakka Finance is a set of decentralized finance (DeFi) applications, which form an all-inclusive ecosystem of tools that allow users to pursue financial sovereignty. The current product offering consists of a stablecoin automated market maker (AMM) DEX, a gamified insurance product, an onchain prediction market and a derivative framework. All of this is administered and governed by a homonymous governance token, which goes by the ticker of HAKKA.

For more information about Hakka Finance, please visit https://hakka.finance/.

This bug bounty program is focused on their smart contracts, website and app and is focused on preventing:

  • Any governance voting result manipulation
  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
  • Permanent freezing of funds
  • Miner-extractable value (MEV)
  • Protocol Insolvency

KYC not required

No KYC information is required for payout processing.

Proof of Concept

Proof of concept is always required for all severities.

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.

Total paid

5.5k

Med. Resolution Time
16 hours
Total Assets in Scope
14