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Rai

RAI is an ETH backed stable asset with a managed float regime. The RAI/USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de or revaluing it.

ETH
Defi
DEX
Insurance
Staking
Solidity
Maximum Bounty
$100,000
Live Since
02 November 2021
Last Updated
14 November 2024
  • PoC required

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Assets in Scope

Target
Type
Smart Contract - Accounting Engine
Added on
19 February 2022
Target
Type
Smart Contract - (Increasing Discount) Collateral Auction House
Added on
19 February 2022
Target
Type
Smart Contract - Debt Auction House
Added on
19 February 2022
Target
Type
Smart Contract - Global Settlement
Added on
19 February 2022
Target
Type
Smart Contract - Liquidation Engine
Added on
19 February 2022
Target
Type
Smart Contract - Oracle Relayer
Added on
19 February 2022
Target
Type
Smart Contract - Safe Engine
Added on
19 February 2022
Target
Type
Smart Contract - Surplus Auction House
Added on
19 February 2022
Target
Type
Smart Contract - Tax Collector
Added on
19 February 2022
Target
Type
Smart Contract - Chainlink Relayer
Added on
19 February 2022
Target
Type
Smart Contract - Uniswap Consecutive Slots Price Feed Medianizer
Added on
19 February 2022
Target
Type
Smart Contract - Tax Collector
Added on
19 February 2022

Impacts in Scope

Severity
Critical
Title

Any governance voting result manipulation

Severity
Critical
Title

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

Severity
Critical
Title

Permanent freezing of funds

Severity
Critical
Title

Miner-extractable value (MEV)

Severity
Critical
Title

Protocol insolvency

Severity
High
Title

Theft of unclaimed yield

Severity
High
Title

Permanent freezing of unclaimed yield

Severity
High
Title

Temporary freezing of funds

Severity
Medium
Title

Smart contract unable to operate due to lack of token funds

Severity
Medium
Title

Block stuffing for profit

Severity
Medium
Title

Unbounded gas consumption

Severity
Medium
Title

Theft of gas

Out of scope

Default Out of Scope and rules

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
Severity
Min. - Max.
Critical
$100k
High
$25k
Medium
$10k
Low
$2.5k
Total Assets in Scope
39
Total Impacts in Scope
14