Mars Protocol-logo

Mars Protocol

Mars Protocol consists of a money market, called Red Bank, and a generalized credit primitive called Credit Accounts. Mars Protocol utilizes a so-called hub and outpost topology, whereby its base, Mars Hub - - which is an instance of DAO on Neutron is the command center for Mars outposts. Each outpost can consist of instances of Red Bank and/or Credit Accounts.

Cosmos
Blockchain
DEX
L1
Lending
Staking
Go
Rust
Maximum Bounty
$100,000
Live Since
13 January 2023
Last Updated
25 October 2024
  • PoC required

Rewards

Mars Protocol provides rewards in MARS on Cosmos, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Max: $100,000Min: $20,000
Primacy of Rules
High
Flat: $20,000
Primacy of Rules
Medium
Flat: $5,000
Primacy of Rules
Low
Flat: $1,000
Primacy of Rules

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 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.

Rewards for critical smart contract vulnerabilities are further capped at 10% of mainnet economic damage potentially caused. However, there is a minimum reward of USD 20 000 and a maximum reward of USD 100 000.

All issues highlighted in the following audit reports are considered out of scope of the program:

Reward Payment Terms

Payouts are handled by the Mars Protocol Foundation and are denominated in USD. However, payouts are done in MARS.

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.

Program Overview

Mars Protocol consists of a money market, called Red Bank, and a generalized credit primitive called Credit Accounts. Mars Protocol utilizes a so-called hub and outpost topology, whereby its base, Mars Hub is the command center for Mars outposts. Each outpost can consist of instances of Red Bank and/or Credit Accounts. The first outpost containing both Red bank and Credit Accounts (dubbed Mars v2) is on Osmosis, and the second outpost which currently contains only the Red Bank is deployed to Neutron.

Built in the Cosmos ecosystem, Mars Protocol is Built using the CosmWasm. Mars Hub will serve as the homebase for all of Mars’ outposts throughout the Cosmos galaxy. Each outpost consists of an instance of Red Bank and optionally Credit Accounts, which are deployed onto independent chains. Outposts are bound together by Mars Hub which is responsible for governance and treasury including protocol revenue distribution.

A new MARS token was minted Neutron using TokenFactory Cosmos SDK module and will circulate freely throughout the Cosmos ecosystem.

For more information about the Mars Protocol, please visit whitepaper.marsprotocol.io.

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.

Severity
Min. - Max.
Critical
$20k -$100k
High
$20k
Medium
$5k
Low
$1k
Total paid

70k

Med. Resolution Time
2 days
Total Assets in Scope
1