__The test folders are out-of-scope of the bug bounty program.__

Primitive is an AMM launching in December on Ethereum mainnet, Arbitrum One, and Optimism. It is a next-generation smart contract protocol optimized for safety.

Smart contract fails to deliver promised return

Temporary freezing of funds for any amount of time

Unable to call smart contract

Smart contract gas drainage

Loss of user funds

Loss of governance funds

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System. 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. 

Critical vulnerabilities are further capped at 10% of economic damage, which primarily takes into consideration the funds at risk but also other factors at the discretion of the team. 

Payouts up to USD 250 000 are handled by __Primitive Finance__ directly and are denominated in USD. However, payouts are done in __USDC__.