However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

MetalSwap is a decentralised platform that enables hedging swaps in financial markets with the aim of providing a hedge for commodity traders and an investment opportunity for those who contribute to the shared liquidity of the project.

Theft of unclaimed yield

Theft of unclaimed royalties

Permanent freezing of unclaimed yield

Temporary freezing of funds for at least 1 hour

Direct theft of any funds belonging to specific users, whether at-rest or in-motion, other than unclaimed yield

Permanent freezing of funds

Maximal extractable value (MEV) mechanisms that directly prevent the use of the hedging swap instrument by the end users

Protocol insolvency regarding tokens other than the governance reward token XMT

MetalSwap Smart Contracts

Rewards are distributed according to the impact of the vulnerability based on the [Immunefi Vulnerability Severity Classification System V2.2](https://immunefi.com/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. All bug reports must also come with a suggestion for a fix in order to be considered for a reward. 

Known issues highlighted in the following audits are considered out of scope of this program: 
  - [https://www.certik.com/projects/metalswap](https://www.certik.com/projects/metalswap)

In addition, any attempt to hack, gain access to, replace, modify, damage or impersonate the frontend or server services included in the architecture of the MetalSwap project are considered out of scope of the program. 

MetalSwap requires KYC to be done for all bug bounty hunters.  Metalswap requires a signed document (Confirmation of tax disclosure) to receive Rewards. The following information is required in this document:  Last Name, First Name, residential address, Country , Taxpayer Identification Number,and a ID/passport copy.

Payouts are handled by the __MetalSwap__ team directly and are denominated in USD. However, payouts are done in __USDT__.  This bug bounty program will have a hard cap of USDT 50 000. In the event that multiple bug reports are submitted that exceed this amount, the rewards will be provided on a first come first served basis.

MetalSwap

Codebase