Instadapp

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.

Reward Calculation for Critical Level Reports

For critical smart contract vulnerabilities, the reward is 10% of the directly affected funds, up to a maximum of USD 500,000. The calculation considers the funds at risk based on the bug report submission date and time. There is a minimum guaranteed reward of USD 25,000 to encourage reporting even for smaller valued critical bugs.

Reward Calculation for High Level Reports

For high smart contract impacts, the reward is capped at $100,000 and is based on 50% of the value of the affected funds. The calculation considers the funds at risk based on the bug report submission date and time. There is a minimum guaranteed reward of USD 5,000 to encourage reporting even for smaller valued critical bugs.

Secondary/Market Attack on Fluid

Fluid as a lending protocol utilizes different aspects of the blockchain which may indirectly affect the protocol. The following outline conditions for particular secondary attacks that are not directly on the Fluid contracts, but that have secondary or associated effects to the Fluid contracts may be considered for a reward:

• The attack must directly impact Fluid i.e an attack which affects the broader market such as price manipulation but is not targeting Fluid would not qualify.

Examples of secondary attacks would be:

• Manipulation of a DEX or on Chain price oracle from a secondary source, which results in the immediate and total loss of funds of the Fluid protocol, where the attack is specifically targeting Fluid protocol.
• Flash Loan based attack that would cause immediate and irreversible financial loss to Fluid protocol; where the attack is specifically targeting the Fluid protocol, this would exclude attacks which manipulate the price of a single token used on Fluid.

Prior published audits are here for review, any noted vulnerability or bugs in previously completed audits are not eligible for a reward.

Defi Smart Accounts (DSA)/Instadapp PRO

• Peckshield - Mar 16, 2021
• Peckshield - Mar 18, 2020
• Samczun Audit - Mar 2020

Avocado

• Statemind - Sept 28, 2023
• Peckshield - June 12, 2023

Fluid

• Statemind - Dec 29th, 2023

Proof of Concept (PoC) Requirements

A PoC is required for the following severity levels:

• Smart Contract - Critical
• Smart Contract - High

When calculating the USD value of total value locked (TVL) to determine funds at risk, outstanding borrows are excluded.

To be eligible for a reward, the vulnerability must exist in the deployed smart contract.

Bugs resulting in temporary freezing of funds are not eligible for a reward.

Payouts are handled by the Instadapp team directly and are denominated in USD. However, payouts are done in stablecoins like, USDC, USDT and DAI at the discretion of the team.