LooksRare Announced Its Bug Bounties Program In January 2022!

Program Overview

LooksRare is the community-first NFT marketplace that actively rewards traders, collectors, and creators for participating.LooksRare’s smart contracts are custom-built within a modular system that enables new features to be rolled out over time – without compromising security – thanks to standardized signatures that clearly define the execution scope.

This bug bounty program is focused on their smart contracts, website, and app, and is focused on preventing:

• Loss of user NFTs.
• 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 the consequence of exploitation to privilege required to the likelihood of a successful exploit.

All web/app bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. All Low, Medium, High and Critical Smart Contract bug reports require a suggestion for a fix to be eligible for a reward. Explanations and statements are not accepted as PoC and code is required.

Critical smart contract vulnerabilities are capped at 10% of economic damage, primarily taking into consideration funds at risk, but also PR and branding aspects, at the discretion of the team. However, there is a minimum reward of USD 50 000.

Payouts are handled by the LooksRare team directly and are denominated in USD. However, payouts are done in LOOKS and ETH, with the choice of the ratio at the discretion of the team.

Smart Contracts and Blockchain

Level	Payout
Critical	Up to USD $1,000,000
High	USD $10,000
Medium	USD $2,000
Low	USD $1,000

Web and Apps

Level	Payout
Critical	USD $20,000
High	USD $4,000
Medium	USD $2,000
Low	USD $1,000

Assets in Scope

Only those in the Assets in Scope table are considered as in-scope of the bug bounty program. All vulnerabilities found in the https://docs.looksrare.org/ are out of scope.

Prioritized Vulnerabilities

Impacts in Scope

Only the following impacts are accepted within this bug bounty program. All other impacts are not considered as in-scope, even if they affect something in the assets in the scope table.

Smart Contracts/Blockchain

• Loss of user funds staked (principal) by freezing or theft
• Loss of governance funds
• Theft of unclaimed yield
• Freezing of unclaimed yield
• Unable to call smart contract
• Smart contract gas drainage
• Smart contract fails to deliver promised returns
• Vote manipulation
• Incorrect polling actions

Web/App

• Exploits leading to backend downtime
• Modifying content which a user is not permitted to (such as collection information for collections they don’t own)
• Injecting malicious scripts through the NFT iframe
• Any exploits which may affect our domain names

Out of Scope & Rules

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

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

Smart Contracts and Blockchain

• Incorrect data supplied by third party oracles
  • Not to exclude oracle manipulation/flash loan attacks
• Basic economic governance attacks (e.g. 51% attack)
• Lack of liquidity
• Best practice critiques
• Sybil attacks
• Centralization risks

Websites and Apps

• Theoretical vulnerabilities without any proof or demonstration
• Content spoofing / Text injection issues
• Self-XSS
• Captcha bypass using OCR
• CSRF with no security impact (logout CSRF, change language, etc.)
• Missing HTTP Security Headers (such as X-FRAME-OPTIONS) or cookie security flags (such as “httponly”)
• Server-side information disclosure such as IPs, server names, and most stack traces
• Vulnerabilities used to enumerate or confirm the existence of users or tenants
• Vulnerabilities requiring unlikely user actions
• URL Redirects (unless combined with another vulnerability to produce a more severe vulnerability)
• Lack of SSL/TLS best practices
• DDoS vulnerabilities
• Attacks requiring privileged access from within the organization
• Feature requests
• Best practices
• Manipulation of trading rewards through token farming

The following activities are prohibited by this bug bounty program:

• Any testing with mainnet or public testnet contracts; all testing should be done on private testnets
• Any testing with pricing oracles or third party smart contracts
• Attempting phishing or other social engineering attacks against our employees and/or customers
• Any testing with third party systems and applications (e.g. browser extensions) as well as websites (e.g. SSO providers, advertising networks)
• Any denial of service attacks
• Automated testing of services that generates significant amounts of traffic
• Public disclosure of an unpatched vulnerability in an embargoed bounty

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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