YieldOracle.sol (Mainnet weETH/wstETH Pool)

InterestRate.sol (Mainnet weETH/wstETH Pool)

Whitelist.sol (Mainnet weETH/wstETH Pool)

TransparentUpgradeableProxy.sol (Mainnet weETH/wstETH Pool)

ProxyAdmin.sol (Mainnet weETH/wstETH Pool)

WeEthWstEthReserveOracle.sol (Mainnet weETH/wstETH Pool)

WeEthWstEthSpotOracle.sol (Mainnet weETH/wstETH Pool)

WeEthGemJoin.sol (Mainnet weETH/wstETH Pool)

WeEthHandler.sol (Mainnet weETH/wstETH Pool)

Liquidation.sol (Mainnet weETH/wstETH Pool)

YieldOracle.sol (Mainnet rsETH/wstETH Pool)

InterestRate.sol (Mainnet rsETH/wstETH Pool)

Whitelist.sol (Mainnet rsETH/wstETH Pool)

TransparentUpgradeableProxy.sol (Mainnet rsETH/wstETH Pool)

ProxyAdmin.sol (Mainnet rsETH/wstETH Pool)

RsEthWstEthReserveOracle.sol (Mainnet rsETH/wstETH Pool)

RsEthWstEthSpotOracle.sol (Mainnet rsETH/wstETH Pool)

RsEthGemJoin.sol (Mainnet rsETH/wstETH Pool)

RsEthHandler.sol (Mainnet rsETH/wstETH Pool)

Liquidation.sol (Mainnet rsETH/wstETH Pool)

YieldOracle.sol (Mainnet rswETH/wstETH Pool)

InterestRate.sol (Mainnet rswETH/wstETH Pool)

Whitelist.sol (Mainnet rswETH/wstETH Pool)

TransparentUpgradeableProxy.sol (Mainnet rswETH/wstETH Pool)

ProxyAdmin.sol (Mainnet rswETH/wstETH Pool)

RswEthWstEthReserveOracle.sol (Mainnet rswETH/wstETH Pool)

RswEthWstEthSpotOracle.sol (Mainnet rswETH/wstETH Pool)

RswEthGemJoin.sol (Mainnet rswETH/wstETH Pool)

RswEthHandler.sol (Mainnet rswETH/wstETH Pool)

Liquidation.sol (Mainnet rswETH/wstETH Pool)

YieldOracle.sol (Mainnet ezETH/WETH Pool)

InterestRate.sol (Mainnet ezETH/WETH Pool)

TransparentUpgradeableProxy.sol (Mainnet ezETH/WETH Pool)

EzEthWethReserveOracle.sol (Mainnet ezETH/WETH Pool)

EzEthWethSpotOracle.sol (Mainnet ezETH/WETH Pool)

EzEthGemJoin.sol (Mainnet ezETH/WETH Pool)

EzEthHandler.sol (Mainnet ezETH/WETH Pool)

Liquidation.sol (Mainnet ezETH/WETH Pool)

SeaportDeleverage.sol (Mainnet ezETH/WETH Pool)

SeaportLeverage.sol (Mainnet ezETH/WETH Pool)

IonInvariants.sol (Mainnet ezETH/WETH Pool)

TransparentUpgradeableProxy.sol (Base ezETH/WETH Pool)

BaseEzEthWethReserveOracle.sol (Base ezETH/WETH Pool)

BaseEzEthWethSpotOracle.sol (Base ezETH/WETH Pool)

BaseEzEthWethHandler.sol (Base ezETH/WETH Pool)

Ion Protocol is a price-agnostic lending platform built to support staked and restaked assets. It allows users to participate in lending markets of all kinds, ranging from leveraged staking yields to points multiplier pools and more. Ion focuses on bringing staking-based mechanisms to DeFi, creating an enhanced lending and borrowing experience for users to earn more while risking less.

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

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

Permanent freezing of funds

Protocol insolvency

Theft of unclaimed yield

Theft of unclaimed royalties

Permanent freezing of unclaimed yield

Permanent freezing of unclaimed royalties

Temporary freezing of funds

Smart contract unable to operate due to lack of token funds

Block stuffing

Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol)

Theft of gas

Unbounded gas consumption

Contract fails to deliver promised returns, but doesn't lose value

Ion's codebase

Documentation

Rewards are distributed according to the impact of the vulnerability based on the [Immunefi Vulnerability Severity Classification System V2.3](https://immunefi.com/immunefi-vulnerability-severity-classification-system-v2-3/). 

**Reward Calculation for Critical Level Reports**

__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 component where the vulnerability exists. 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 project will consider the cumulative impact of the repeatable attacks for a reward. This is because the project cannot prevent the attacker from repeatedly exploiting the vulnerability until all funds are drained and/or other irreversible damage is done. Therefore, 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/permanent freezing of unclaimed yield/royalties are rewarded within a range of [minimum high]to[maximum high] 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 [24h] that the funds are temporarily frozen, up until a max cap of the high reward. This is because as the duration of the freezing lengthens, the potential for greater damage and subsequent reputational harm intensifies. Thus, by increasing the reward proportionally with the frozen duration, the project ensures stronger incentives for bug disclosure of this nature.

__Reward Payment Terms__

Payouts are handled by the **Ion** team directly and are denominated in **USD**. However, payments are done in **USDC** on **ETH**

The calculation of the net amount rewarded is 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.

Ion Protocol

Codebase

Documentation