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Bug Bounty Program

Overview

The security of Karak and its smart contracts are of utmost importance to us. For that reason, we have a Karak Bug Bounty Program to incentivize responsible bug disclosure.

Rewards will be allocated based on the severity of the bug disclosed and assets at risk.

Scope

The Program includes vulnerabilities and bugs in any deployed Karak contract.

Rewards

The Program includes the following 4 level severity scale:

  • Critical: Issues that could impact numerous users and have serious reputational, legal or financial implications. An example would be being able to lock contracts permanently or take funds from all users.

  • High: Issues that impact individual users where exploitation would pose reputational, legal or moderate financial risk to the user.

  • Medium: The risk is relatively small and does not pose a threat to user funds.

  • Low/Informational: The issue does not pose an immediate risk but is relevant to security best practices.

Rewards will be given based on the above severity as well as the likelihood of the bug being triggered or exploited, to be determined at the sole discretion of Karak. You can find out more about this scale at the OWASP risk rating methodology page.

Disclosure

Any vulnerability or bug discovered must be reported only to the following email: security@karak.network. An acknowledgment of receipt will be given within 3 business days by Karak.

The vulnerability must not be disclosed publicly or to any other person, entity, or email address before Karak has been notified, has fixed the issue, and has granted permission for public disclosure. In addition, the disclosure must be made within 24 hours following the discovery of the vulnerability.

A detailed report of a vulnerability increases the likelihood of a reward and may increase the reward amount. Please provide as much information about the vulnerability as possible, including:

  • The conditions on which reproducing the bug is contingent.

  • The steps needed to reproduce the bug or, preferably, a proof of concept.

  • The potential implications of the vulnerability being abused.

Anyone who reports a unique, previously-unreported vulnerability that results in a change to the code or a configuration change and who keeps such vulnerability confidential until it has been resolved by our engineers will be recognized publicly for their contribution if they so choose.

Eligibility

To be eligible for a reward under this Program, you must:

  • Discover a previously-unreported, non-public vulnerability that is not previously known by the team and within the scope of this Program.

  • Be the first to disclose the unique vulnerability to security@karak.network, in compliance with the disclosure requirements.

  • Provide sufficient information to enable our engineers to reproduce and fix the vulnerability.

  • Not exploit the vulnerability in any way, including through making it public or by obtaining a profit (other than a reward under this Program).

  • Not publicize a vulnerability in any way, other than through private reporting to us.

  • Make a good faith effort to avoid privacy violations, destruction of data, interruption or degradation of any of the assets in scope.

  • Not submit a vulnerability caused by an underlying issue that is the same as an issue on which a reward has been paid under this Program.

  • Not engage in any unlawful conduct when disclosing the bug to security@karak.network, including through threats, demands, or any other coercive tactics.

  • Be at least 18 years of age or, if younger, submit your vulnerability with the consent of your parent or guardian.

  • Not be subject to US sanctions or reside in a US-embargoed country.

  • Not be one of our current or former employees, or a vendor or contractor who has been involved in the development of the code of the bug in question.

  • Comply with all the eligibility requirements of the Program.

Other Terms

By submitting your report, you grant Karak any and all rights, including intellectual property rights, needed to validate, mitigate, and disclose the vulnerability. All reward decisions, including eligibility for and amounts of the rewards and the manner in which such rewards will be paid, are made at our sole discretion.

The terms and conditions of this Program may be altered at any time.