CDS Startups Unilend V2 Restarts Bug Bounty on Immunefi
Startups

Unilend V2 Restarts Bug Bounty on Immunefi

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unilend relaunched bug bounty
unilend relaunched bug bounty

Unilend is a comprehensive permissionless DeFi protocol. While other DeFi protocols only support a limited amount of assets, with Unilend, users can list any assets on blockchains supported by Unilend to achieve comprehensive DeFi functionality. This includes decentralized lending/borrowing and the industry’s most cost-effective fast loans. Additionally, Unilend states that it will support real-world assets, NFTs, and derivatives in addition to cryptocurrencies. 

The Bug Bounty program focuses on smart contracts and prevent the following: 

  • Loss of user funds staked by freezing or theft
  • Temporary freezing of funds for at least 24 hours
  • Unable to call smart contract
  • Smart contract gas drainage
  • Smart contract fails to deliver promised returns

Rewards Based on Threat Level

The rewards will be distributed according to Immunefi’s vulnerability severity classification system V2.2 and according to the impact of the vulnerability. This vulnerability severity classification system is a 5-level scale determined by separate scales for websites/apps and smart contracts/blockchains. 

For critical and high-level smart contract bug reports to be considered rewards, they must come with a PoC that has an end-effect that affects a covered asset. In addition, statements and statements are not considered PoC and only code is accepted. All critical high error reports must be accompanied by a correction proposal in order to be considered as a reward. 

Payments are made directly by Unilend’s team in USD.

Out of Scopes and Rules

The vulnerabilities mentioned below are excluded from the Bug Bounty program’s rewards. These are: 

  • Attacks that the reporter has already exploited themselves, leading to damage
  • Attacks requiring access to leaked keys/credentials
  • Attacks requiring access to privileged addresses (government, strategist) 

About Unilend Finance 

Unilend is a permissionless DeFi protocol that combines spot trading services and lending/borrowing functionality on the same platform. 

About Immunefi 

Immunefi is the leading Bug Bounty platform for smart contracts and DeFi projects. It’s where security researchers examine code, expose vulnerabilities, receive payouts and make crypto more secure. Immunefi eliminates security risks through bug bounties and comprehensive security services.

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Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

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