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Inverse Finance

Inverse Finance is a decentralized autonomous organization that develops and manages the FiRM fixed rate lending protocol and DOLA, a debt-backed decentralized stablecoin. Originally founded by Nour Haridy in late 2020, the protocol is now governed by Inverse Finance DAO, a collective of crypto enthusiasts. Our code base is open source and maintained by the community.

Arbitrum
Base
ETH
Optimism
Defi
DAO
Lending
Stablecoin
Token
Solidity
Typescript
Maximum Bounty
$80,000
Live Since
30 November 2023
Last Updated
12 November 2024
  • PoC required

  • Vault program

Select the category you'd like to explore

Assets in Scope

Target
Type
Smart Contract - FiRM - Feed USDe/USD Chainlink Wrapper
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - sUSDe Chainlink USD feed divided USDe:sUSDe exchange rate
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - Feed sUSDe/USD Chainlink Wrapper
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - PT-sUSDe-MAR272025 FeedSwitch
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - PT-sUSDe-MAR272025 Market
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - Yearn LP Feed (DOLA/FRAXBP Market)
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - Base Feed ETH/USD Wrapper for Chainlink ETH/USD
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - USDC Fallback Feed
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - Main USDC Feed
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - FRAXBP Pessimistic LP Feed
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - DolaFraxBP LP Feed
Added on
12 November 2024
Target
Type
Smart Contract - FiRM - Convex Escrow for FRAX/FRAXBP
Added on
12 November 2024

Impacts in Scope

Severity
Critical
Title

Manipulation of governance voting result deviating from voted outcome and resulting in a direct change from intended effect of original results

Severity
Critical
Title

Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield.

Severity
Critical
Title

Direct theft of any user NFTs, whether at-rest or in-motion, other than unclaimed royalties

Severity
Critical
Title

Permanent freezing of funds

Severity
Critical
Title

Permanent freezing of NFTs

Severity
Critical
Title

Unauthorized minting of NFTs

Severity
Critical
Title

Predictable or manipulable RNG that results in abuse of the principal or NFT

Severity
Critical
Title

Unintended alteration of what the NFT represents (e.g. token URI, payload, artistic content)

Severity
Critical
Title

Protocol insolvency

Severity
Critical
Title

Theft of unclaimed yield

Severity
Critical
Title

Theft of unclaimed royalties

Severity
Critical
Title

Permanent freezing of unclaimed yield

Out of scope

Program's Out of Scope information

Any bugs that cannot be classified either in the in-scope or out-of-scope lists will be considered for reward at the discretion of Inverse Finance.

Default Out of Scope and rules

Smart Contract specific

  • Incorrect data supplied by third party oracles
    • Not to exclude oracle manipulation/flash loan attacks
  • Impacts requiring basic economic and governance attacks (e.g. 51% attack)
  • Lack of liquidity impacts
  • Impacts from Sybil attacks
  • Impacts involving centralization risks

All categories

  • Impacts requiring attacks that the reporter has already exploited themselves, leading to damage
  • Impacts caused by attacks requiring access to leaked keys/credentials
  • Impacts caused by attacks requiring access to privileged addresses (including, but not limited to: governance and strategist contracts) without additional modifications to the privileges attributed
  • Impacts relying on attacks involving the depegging of an external stablecoin where the attacker does not directly cause the depegging due to a bug in code
  • Mentions of secrets, access tokens, API keys, private keys, etc. in Github will be considered out of scope without proof that they are in-use in production
  • Best practice recommendations
  • Feature requests
  • Impacts on test files and configuration files unless stated otherwise in the bug bounty program
  • Impacts requiring phishing or other social engineering attacks against project's employees and/or customers