MDEX Bug Bounty Plan

Published on: 19.06.2021
MDEX Bug Bounty Plan

MDEX released Bug Bounty Plan with the highest rewards $60,000 in $MDX to foster the sound growth of MDEX ecology & protect asset security.

Since its listing on January 6 2021, MDEX has been in smooth and stable operation. With the gradual improvement of MDEX’s functions, it can now support not only HECO, but also BSC and ETH. In future, MDEX will include more fundamental assets in the ecology.

To foster the sound growth of MDEX ecology and protect asset security, MDEX is now launching a bug bounty campaign. They hope that through this event, more professionals in the security research will participate in constructing a safe MDEX ecology, and defend the asset and transaction security of MDEX users in conjoint with them .

🔹Scope of application

This Campaign only applies to the bugs in the following MDEX contracts

MDEX Core contracts

The following situations are out of the scope of this Bug Bounty Campaign:

Bugs in any third-party contracts or platforms interacting with MDEX;

Bugs that have already been reported or discovered in third parties’ contracts built on MDEX;

Bugs caused by the following activities: front-end errors, DDOS attacks, automated tools, damage or abuse of third-party systems or services.

🔹Reward Plan

The severity of those bugs will be calculated using the Common Vulnerability Scoring System.

In addition to severity, rewards will also be weighed against the impact of bugs found and the difficulty level of finding them.

🔹Review and reward timeline

For valid bug reports that have passed the preliminary review, we will reply by email within 15 days;

And for valid bug reports, we will determine the vulnerability rating and offer corresponding rewards within 15 days after replying to the email;

All rewards will be issued in the form of MDX tokens.

Credible audit institutions CertiK and Fairyproof will evaluate the valid bug reports submitted.

🔹How to submit your report

Any bugs or defects found must only be reported to the following email: [email protected]

Prior to the disclosure to the above e-mail, no disclosure to any other person, entity or e-mail address is allowed.

Please include as much bug-related information as possible, including but not limited to:

The definite conditions for recurrence of the bug.

The steps needed to reproduce the bug.

The potential impact if the bug is exploited.

Detailed bug reports and analysis will not only increase the possibility of getting rewards but also the possibility of getting higher rewards.

What is MDEX?

MDEX is a decentralized swap protocol based on an automated market-making mechanism. It aims to integrate the distinct advantages of a variety of basic public chains to create a high-performance compound DEX ecosystem. Using dual mining incentives through liquid mining and transaction mining, MDEX maximizes the returns for participants. The transaction fee charged is utilized to repurchase and burn the platform token, which contributes to materializing a self-driving closed loop for value capture.

📰 INFO:

https://mdexofficial.medium.com/mdex-bug-bounty-campaign-95f2191c64f

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