In an ever-expanding blockchain ecosystem, the need for robust security measures is paramount. Acknowledging this, Sei Labs, in collaboration with Immunefi, has launched a comprehensive bug bounty program. This initiative, designed for security researchers, developers, and white hat hackers, aims to identify and address potential vulnerabilities within the Sei ecosystem.
Why a Bug Bounty Program?
As the Sei ecosystem grows, the likelihood of bugs and vulnerabilities arises. Recognizing the importance of security, the Sei Foundation has partnered with Immunefi, a leading bug bounty and security services platform for Web3, safeguarding over $60 billion in user funds. This bug bounty program incentivizes white hat hackers to proactively report issues, fostering a secure and stable platform while promoting responsible disclosure.
Bug Bounty Program Focus Areas
The bug bounty program primarily targets specific theoretical cases to preemptively identify vulnerabilities. The program spans two major categories: Blockchain/DLT and Websites/Applications. Within these categories, various impacts are considered acceptable, ranging from issues affecting the blockchain network to potential threats to websites and applications.
Blockchain/DLT Impacts:
Network confirmation issues
Unintended chain splits
Direct and permanent loss of funds
Freezing of funds (temporary or permanent)
Network node disruptions
RPC API crashes
Smart contract behavior deviations
Modification of transaction fees
Websites and Applications Impacts:
Execution of arbitrary system commands
Retrieval of sensitive data/files
Taking down applications/websites
Unauthorized state-modifying actions
Theft of user funds or NFTs
Injection of malicious code or XSS
Unauthorized user information disclosure
Subdomain takeovers
Manipulation of content
Redirecting users to malicious websites
Bounty Rewards
The bug bounty program offers rewards ranging from $1,000 to a maximum of $2,000,000, depending on the severity and threat level of the identified vulnerabilities. The bounty rewards are categorized from low to critical degrees, reflecting the potential impact on the Sei ecosystem.
How to Participate
If you're a security researcher, developer, or white hat hacker, and you're ready to embark on a bug hunting journey, visit Immunefi for the program's scope table and terms and conditions. Ensure your findings align with the eligibility criteria set by the Sei Foundation.
About Immunefi
Immunefi stands as the premier bug bounty platform for smart contracts and DeFi projects. Security researchers play a pivotal role by reviewing code, disclosing vulnerabilities, and contributing to a safer crypto environment. Immunefi's bug bounties and comprehensive security services collectively mitigate security risks in the crypto space.
About Sei Foundation
The Sei Foundation, a non profit organization, is dedicated to empowering builders and contributors to the Sei blockchain. It is committed to further decentralizing the blockchain over time, fostering community-driven development and innovation.
About Sei Labs
Sei Labs is a key contributor to the open-source #Sei blockchain, renowned as the fastest Layer 1 for trading. Leveraging industry veterans from esteemed institutions, Sei Labs ensures modern performance and scalability, enabling decentralized exchanges and trading apps to deliver an unparalleled user experience.
