Voltz is a noncustodial automated market maker for Interest Rate Swaps (IRS). Voltz uses a Concentrated Liquidity Virtual AMM (vAMM) for price discovery only, with the management of the underlying assets performed by the Margin Engine. 

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

Permanent freezing of funds (that cannot be resolved via an upgrade)

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 Critical/High severity smart contract 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.

Note, the bounty amount for a critical submission is capped to be 10% of funds at risk. 

Issues previously highlighted in the following audit reports are considered as out of scope: 
  - [https://docs.google.com/spreadsheets/d/1RDdZD5W26UhjY-GTCDcUpIJHaSJDko6EaUkpky62mYg/edit#gid=0](https://docs.google.com/spreadsheets/d/1RDdZD5W26UhjY-GTCDcUpIJHaSJDko6EaUkpky62mYg/edit#gid=0) 
  - [https://drive.google.com/file/d/1dcb5onZCRIFyCdt-1eun09qsjU-0LMK9/view?usp=sharing ](https://drive.google.com/file/d/1dcb5onZCRIFyCdt-1eun09qsjU-0LMK9/view?usp=sharing)

Some additional bug reporting guidelines: 
  - Report a single vulnerability per submission, unless it is necessary to chain vulnerabilities to provide context regarding any of the issues.
  - A reporter cannot be one of Voltz’s current or former team members, vendors, contractors or an employee of any of those contractors or vendors.

Voltz Protocol V1 has been audited and certified by Quantstamp, for additional information, go to [https://docs.voltz.xyz/security/audits](https://docs.voltz.xyz/security/audits).

All the issues discussed in the Quantstamp report certificate are considered out of scope of the Bug Bounty Program.

Payouts are handled by the __Voltz__ team directly and are denominated in USD. However, payouts are done in __USDC__ or __USDT__, at the discretion of the team.