Mountain Protocol
Mountain Protocol is the issuer of the first regulated and permissionless yield-bearing stablecoin: USDM. Fully backed by US Treasuries, USDM allows stablecoin holders to continue the experience they know with stablecoins like USDT/USDC while earning rewards at or about the “risk-free” yield that the collateral is generating.
PoC Required
KYC required
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Assets in Scope
Impacts in Scope
Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
Permanent freezing of funds
Protocol insolvency
Unauthorized interactions with the smart contract that could benefit an attacker or damage Mountain Protocol or its users, including any action behind the access control mechanism such as minting, burning, etc.
Theft of unclaimed yield (does not include cases where USDM is used in other protocols)
Permanent freezing of unclaimed yield
Temporary freezing of funds (more than 24hs)
Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol)
Out of scope
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