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UMA is a decentralized financial contracts platform built to enable Universal Market Access. The technology has two components: self-enforcing smart contract design templates and a provably honest oracle. Together, they enable liquidity providers to create synthetic asset tokens - trustless ERC20-compliant tokens that represent ownership in the price returns of any fiat or cross-chain crypto asset.
The UMA team needs your help to test the security of first component in the UMA system to be publicly released -- a smart contract that lets participants create and distribute synthetic asset tokens on the Ethereum blockchain. We look forward to working with you, the security community, to find security vulnerabilities in order to keep our businesses and customers safe.
We (UMA Project) will make a best effort to meet the following response targets for hackers participating in our program:
We’ll try to keep you informed about our progress throughout the process.
While we are interested in many types of security vulnerabilities in our system, of most interest to us are vulnerabilities that:
Of lesser interest but still within scope are arithmetic errors or errors that arise because of known issues with Ethereum or the ERC-20 standard.
Instructions for setting up, running, and testing the various components of the UMA system are available in the UMA Protocol README __. The README as well as the code should specify the correct behavior of the various contract methods for different user-types (UMA, token sponsor, token holder, and unrelated third parties).
Set up the contract and the Dapp locally or on a testnet and test any of the following (as 'UMA', token sponsor, as a token holder, and as an unrelated third party):
Additionally, test the process of publishing prices both from the Oracle contract and the pricefeed.
All of the code contained in the UMA protocol GitHub is fair game to be tested
When reporting vulnerabilities, please consider (1) attack scenario/exploitability, and (2) security impact of the bug. The following issues are considered out of scope:
Any activities conducted in a manner consistent with this policy will be considered authorized conduct and we will not initiate legal action against you. If legal action is initiated by a third party against you in connection with activities conducted under this policy, we will take steps to make it known that your actions were conducted in compliance with this policy.
Thank you for helping keep UMA Project and our users safe!