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Livepeer

Livepeer is a decentralized video streaming network built on the Ethereum blockchain. The Livepeer network already includes over 70,000 GPUs, which is enough aggregated power to encode all of the video streaming through Twitch, YouTube and Facebook combined.

Arbitrum
ETH
Defi
Services
Solidity
Maximum Bounty
$40,000
Live Since
25 February 2022
Last Updated
08 April 2024
  • PoC required

  • KYC required

Submit a Bug

Rewards by Threat Level

Smart Contract
Critical
Up to USD $40,000
High
Up to USD $15,000
Medium
USD $2,500
Low
USD $1,000

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 and smart contracts/blockchains, encompassing everything from consequence of exploitation to privilege required to likelihood of a successful exploit.

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. Explanations and statements are not accepted as PoC and code is required.

All vulnerabilities marked in the security review are not eligible for a reward.

Livepeer requires KYC to be done for all bug bounty hunters submitting a report and wanting a reward. The information needed is Visual Proof of Identity. The collection of this information will be done by the project team.

Rewards for critical vulnerabilities are capped at 10% of the economic damage (following the linked examples) with the primary focus on possible loss of funds for Orchestrators, Delegators and Broadcasters at the Smart Contract level only. If there is a repeatable attack, only the first attack is considered unless further attacks cannot be mitigated via an upgrade or pause.

Rewards for high vulnerabilities will depend on the amount of unclaimed yield that is on the line and how long the funds can be frozen.

Payouts are handled by the Livepeer team directly and are denominated in USD. However, payouts are done in USDC.

Program Overview

Livepeer is a decentralized video streaming network built on the Ethereum blockchain. The Livepeer network already includes over 70,000 GPUs, which is enough aggregated power to encode all of the video streaming through Twitch, YouTube and Facebook combined. Through the power of open source software, the harnessing of underutilized resources like compute and bandwidth, and the use of cryptoeconomic incentives for bootstrapping and participation, there is an opportunity to deliver an infrastructure that can power video streaming applications at a highly efficient price, and infinite scale.

For more information about Livepeer, please visit https://livepeer.org/.

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

  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
  • Permanent freezing of funds
  • Insolvency
  • Unintended issuance of LPT on L1
  • Unexpected calls to functions that should only be called by authorized addresses (i.e. Governor)

KYC required

The submission of KYC information is a requirement for payout processing.

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.