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Bug bounty Triaged by HackenProof

Multipli Smart Contracts: Program info

Multipli Smart Contracts

Company: Multipli

Scope Review:
314987
Submissions:
484
Total rewards:
$100
Reputation
150 points required
PoC
Required

Program is: active now

Live

Multipli is a ZK-based yield protocol that enables yield generation on traditionally non-yield-bearing assets (XAUT, BTC, etc.) and boosts the yield efficiency of any asset by 4–12%. This bug bounty program focuses exclusively on on-chain smart contract code, including vault logic, financial computations, token accounting, upgrade paths, ZK-integrated contract logic, and overall protocol integrity.

Researchers are invited to uncover vulnerabilities that may compromise fund safety, protocol correctness, or economic soundness.

Scope

In scope
TargetTypeSeverity

Token Contract (ERC1967Proxy) - Avalanche xUSDC

Smart ContractCritical

VariableVaultFee - Avalanche

Smart ContractCritical

VaultFundManager - Avalanche xUSDC

Smart ContractCritical

RolesAuthority - Avalanche xUSDC

Smart ContractCritical

Github repo with latest contract code

Smart ContractCritical

MultipliVault - Avalanche xUSDC

Smart ContractCritical

Focus Area

In-Scope Vulnerabilities

We are looking for evidence and reasons for incorrect behavior in contract logic that can cause unintended execution. Examples include:

Critical / High-impact

  • Theft or permanent loss of funds
  • Unauthorized withdrawals or transfers
  • Incorrect accounting leading to mint/burn imbalance
  • Yield, rate, or share inflation/deflation bugs
  • Logic inconsistencies that break protocol invariants
  • Contract behavior diverging from business rules
  • Upgradeable proxy misconfiguration
  • wrong implementation slot
  • unsafe delegatecall
  • faulty UUPS/Beacon setup
  • Bypassing admin/key/guardian checks
  • Message passing or cross-module calls that skip verification
  • Reentrancy (direct or cross-contract)
  • Storage collision or shadowing leading to corruption

Medium / Low

  • Integer overflows/underflows
  • Balance manipulation via unexpected state changes
  • Precision or rounding attacks with measurable impact
  • Incorrect fee or reward distribution logic
  • Time misalignment issues causing profit bypass
  • Execution flow vulnerabilities in multiple call paths

Out-of-Scope Vulnerabilities

The following are NOT eligible unless they demonstrate clear fund loss or invariant break:

  • Third-party library vulnerabilities (e.g., OpenZeppelin)
  • Pure gas optimizations, style issues, best practices
  • Test or mock contracts
  • Minor rounding issues without financial impact
  • MEV or frontrunning profit-only opportunities that do not break invariants
  • Governance assumptions requiring owner privileges
  • Issues requiring unrealistic liquidity or miner collusion
  • Public zero-day announcements with no PoC
  • Compiler version warnings without an exploit
  • Theoretical vulnerabilities without demonstration
  • Social engineering or non-on-chain vulnerabilities

Program Rules

  • Do NOT use automated scanners that generate massive traffic.
  • Do NOT attack infrastructure, DNS, frontend, API, or backend (this is a Smart Contract only program).
  • Do NOT cause real fund damage on mainnet — use testnets when possible.
  • Do NOT modify, freeze, or steal assets belonging to other users.
  • Keep all tests localized to your own wallets.
  • Follow the scope strictly.
  • No DoS, DDoS, spamming, or destructive testing.
  • Chain vulnerabilities (multi-bug chains) are rewarded only for highest severity.
  • You must not break any laws or compliance requirements.
  • Do not discuss vulnerabilities with anyone outside HackenProof and Multipli.

Eligibility and Coordinated Disclosure

You must meet all criteria to be eligible for rewards:

  • You must be the first reporter of the vulnerability.
  • The vulnerability must be valid, in-scope, and demonstrable.
  • Reports must be submitted within 24 hours of discovery.
  • Submit exclusively through HackenProof.
  • Provide a clear textual description, impact explanation, and a runnable PoC (Foundry/Hardhat preferred).
  • You must be 18+ and legally allowed to participate.
  • You must not be a past or current employee/contractor of Multipli.
  • Use the same email associated with your HackenProof account.
  • AI-generated reports without runnable PoC will be rejected.

Disclosure Guidelines

  • No public disclosure is allowed.
  • Do not tweet, blog, or discuss reports until you receive written approval.
  • All PoCs, screenshots, and technical details must remain private.
  • No partial or timeline disclosure is permitted at this time.