__Finding More Assets in Scope__
 
NFTX vaults and UniswapV3 pools are permissionlessly deployed as BeaconProxies.

NFTX’s codebase can be found at https://github.com/NFTX-project/nftx-protocol-v3/. Documentation and further resources can be found on https://docs.nftx.io/. 

The following functions can be called to obtain a list of smart contract addresses that are currently in Production and that are covered by the program:

- NFTXVaultFactoryUpgradeableV3
allVaults()   
Lists all NFTX vaults. This function returns an array of vault addresses managed by the NFTX Vault Factory.

- UniswapV3FactoryUpgradeable
getPool()
Queries the UniswapV3 pool for a specific token pair. It takes two token addresses and fee as inputs and returns the address of the pool

NFTX is a protocol for wrapping similar-value NFTs into fungible ERC20 "vTokens" and incentivizing liquid markets for those vTokens, which, in turn, creates liquid markets for the NFTs.

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

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

Permanent freezing of funds

Permanent freezing of NFTs

Protocol insolvency

Theft of unclaimed yield

Permanent freezing of unclaimed yield

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__

For critical smart contract bugs, the reward amount is 10% of the funds directly affected up to a maximum of USD 150,000. The calculation of the amount of funds at risk is based on the time and date the bug report is submitted. However, a minimum reward of USD 50,000 is to be rewarded in order to incentivize security researchers against withholding a critical bug report.

__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. 


__Reward Calculation for High Level Reports__

High vulnerabilities concerning theft/permanent freezing of unclaimed yield/royalties are rewarded within a range of USD 5000 to USD 40,000 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 NFTX team directly and are denominated in USD. However, payments are done in USDC on Ethereum Mainnet

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.

NFTX

Resources & Documentation