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Bug Bounty
Bend DAO Bug Bounty goes live on Immunefi. In addition to audit reports, Bug Bounty might be the best way to incentivize white hats to regularly search for bugs and potential vulnerabilities. The bug bounty can provide users with an additional level of security and show our long-term commitment.
Community Voting
$1,500,000 worth of BEND tokens based on the IFO price will be transferred from the Treasury Reserve to Bug Bounty Reserve. If Bug Bounty ends, all remaining funds will be transferred back to the Treasury Reserve.
BEND IFO price: 0.009 USDT
Bug Bounty Allocation: 166,666,666 BEND
Bug Bounty Reserve: 0x055c51478B232246eC8D06062Fa36bA89b6e038A
Bug Bounty Distribution
Payout
Payouts are denominated in USD, but done in BEND.
The BEND price in USD is calculated by averaging prices over a specified period of time. This period is from the bug submission to the bounty distribution.
Calculation formula:
Day Average Price = (Day High Price + Day Low Price) / 2;
Time Weight Average Price = Sum(Day Average Price) / Period;
Rewards by Threat Level
The breakdown of the rewards is in accordance with ImmuneFi’s distribution criteria for the impact of the vulnerability, see here for more details.
Threat Level
Smart Contract
Websites and Applications
Critical
Up to USD 1,000,000
USD 20,000
High
USD 10,000
USD 4,000
Medium
USD 2,000
USD 2,000
Low
USD 1,000
USD 1,000
Rewards Distribution Record
Bug Submission Date
Threat Level
Rewards (USD)
BEND TWAP Price
Rewards (BEND)
Status
April 4th, 2022
Website
High
10,000
0.01846752
541,491
Distributed
April 7th, 2022
Smart contract
Medium
2,000
0.01846752
108,298
Distributed
April 23rd, 2022
Website
Medium
2,000
0.0458915
43,581
Distributed
April 23rd, 2022
Website
Low
1,000
0.0458915
21,791
Distributed
April 23rd, 2022
Website
Medium
20,000
0.03721
53,7490
Distributed
May 8th, 2022
Website
Low
1,000
0.04071
24564
Distributed
May 12th, 2022
Smart contract High
10,000
0.02538
394011
Distributed
May 27th, 2022
Website
Low
1,000
0.0255
39216
Distributed
June 16th, 2022
Smart contract Low
1,000
0.006096
164042
Distributed
June 23rd, 2022
Smart contract Medium
5,000
0.005376
930060
Distributed
Last modified 11d ago