TravinImmunefi / Sovryn-SIP0008

Repository for the fulfilment of Sovryn Improvement Proposal 0008
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Sovryn Bug Bounty Program #1

Open TravinImmunefi opened 3 years ago

TravinImmunefi commented 3 years ago

This bug bounty program is hosted on Immunefi. All bug reports must be submitted through Immunefi in order to be accepted. This post was created in accordance with the promotion agreements related to SIP-0008.

Program Overview

Sovryn is an on-chain decentralized trading and lending protocol deployed on RSK, a side chain of the Bitcoin blockchain-powered by merge-mining, and is governed by the community. The Sovryn protocol is controlled by its community and stakeholders. There is no single company, organization, or individual that represents or controls the Sovryn protocol. While the Sovryn community is built on the principles of transparency, the Sovryn protocol’s decentralized structure means that there is no single party that can be relied upon to provide you with accurate information.

The SOV token is used to tokenize the rights, rewards, and risks associated with participating in Sovryn Bitocracy. It is used to represent voting power and to wrap the rewards and risks of Sovryn’s future into a digital representation. SOV can be used by the Sovryn protocol whenever there is a need to balance risks and rewards. Changes to the protocol introduce risks, but if they are successful, can grow the use of the protocol and the fee revenue it generates. SOV can be staked to cover user losses and thus insure that they do not occur.

The Sovryn bug bounty program was initially submitted as Sovryn Improvement Proposal 8 and was approved on February 26 with 100% consensus.

It is focused around its smart contracts and app and the prevention of loss of user funds.

Rewards by Threat Level

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.

Smart Contracts and Blockchain

Severity Level Payout
Critical* Up to USD 1 000 000
High USD 22 140
Medium USD 8 800
Low USD 2 200

*For Critical bugs, the payout amount is capped at 10% of the funds at risk.

Website/App

Severity Level Payout
Critical USD 22 140
High USD 8 800
Medium USD 2 200

ll payouts are pegged to the USD values set here and are payable in BTC though the Sovryn team may, at their discretion, have up to 50% of the reward payable in SOV according to a vesting schedule dependent on the amount paid out.

Bonus Countdown

Until the end of the bonus period, Sovryn will provide bonuses for Smart Contract/Blockchain bug reports based on the remaining time of the bonus period. In addition, critical and high Smart Contract/Blockchain bug reports that are validated will receive a unique artwork NFT on Sovryn, showing them as the heroes that they are, all throughout the bonus period. These NFTs will be designed upon each accepted Smart Contract/Blockchain high and critical bug reports.

Bonus Time Remaining Bonus
More than 3 weeks +25%
Between 2 and 3 weeks +20%
Between 1 and 2 weeks +15%
Less than a week +10%

Payouts are handled by Sovryn directly and are done in BTC. However, the Sovryn team may decide to have up to 50% of the payment in SOV, which may include a vesting schedule.

In the case of Critical bugs that are affected by the 10% cap, the bonus will be applied after the cap.

Assets in Scope

Target Type
https://github.com/DistributedCollective/Sovryn-smart-contracts Smart contract
https://github.com/DistributedCollective/Sovryn-frontend App - Front-end
https://github.com/DistributedCollective/multisig-ui App - Multisig UI
https://github.com/DistributedCollective/governance-dapp App - Governance
https://live.sovryn.app/ Website/App

For web/app bug reports, only those that directly affect the assets in scope are accepted.

Prioritized Vulnerabilities

We are especially interested in receiving and rewarding vulnerabilities of the following types:

Smart Contracts/Blockchain

Website/App

Out of Scope & Rules

The following vulnerabilities are excluded from the rewards for this bug bounty program:

Smart Contracts and Blockchain

Websites and Apps

The following activities are prohibited by bug bounty program:

In the case of two or more reports covering the same vulnerability, only the first complete bug report gets the reward.

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done


This issue now has a funding of 0.001 ETH (1.52 USD @ $1522.1/ETH) attached to it.

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done


Workers have applied to start work.

These users each claimed they can complete the work by 265 years, 5 months from now. Please review their action plans below:

1) lyledavids has applied to start work _(Funders only: approve worker | reject worker)_.

Testing and QA is a huge part of the software industry. I would like to find bugs in Sovryn and make it more stable and secure 2) x00x00 has applied to start work _(Funders only: approve worker | reject worker)_.

Intrested in testing web application 3) x00de has applied to start work _(Funders only: approve worker | reject worker)_.

Let's start I am interested in the project

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