YFX COM Perpetual Contract V1 0 is Open Sourced, Bug Bounty Coming

Dear community:

We are excited to announce that YFX.COM perpetual contract V1.0 code is fully open soursed on Github.

The source code of YFX.COM has been released to the public in the early stage of our launch (open source method: verified in the block browser of each public chain). This time YFX.COM released the source code open source of the entire Github warehouse.

YFX.COM’s open source warehouse includes three modules: perpetual contract code, YFX Token code, and liquidity mining code. It covers the branches of the four major public chains of ETH layer2 (xDai), BSC, Heco and Tron, as well as the Market contract, User contract, Pool contract logic, Router contract, system logic and transaction logic for derivatives transactions. You can view the development progress of YFX.COM on Github, and discuss and study cutting-edge technology with us to jointly build a complete DeFi derivatives trading environment.

YFX.COM 1.0 open source: https://github.com/yfxcom/yfx-contract-v1-core

Security is important and we also attach great importance to the efforts of individuals/teams to maintain YFX.COM’s network security. Therefore, we launch the Bug Bounty program.

The YFX.COM Bug Bounty program aims to encourage community to participation and help us discover vulnerabilities and will actively reward discoverers with up to $50,000 for confirmed vulnerabilities.

Rule

YFX.COM’s Bug Bounty program rewards will be allocated based on many different factors including influence, risk, development possibilities and report quality. YFX.COM will use the CVSS (Common Vulnerability Scoring System) risk rating for evaluation, scoring all reports in a standardized and fair manner, and will be evaluated and rewarded at the discretion of the YFX.COM team. For critical bugs, rewards of up to $50,000 will be granted. Lower severity bugs will be rewarded at the discretion of the team.

The scope of the Program is limited to bugs of smart contract. The following are not within the scope of the Program:

1, Code in test catelogue.

2, Vulnerabilities already discoved but not disclosed.

3, Any already-reported bugs.

Disclosure

Any vulnerability or bug discovered must be reported only to the following email: security@yfx.com

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

1, The conditions on which reproducing the bug is contingent.

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

3, 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.

Reward Evaluation and Payment Process

1. Submit the report to the official email address (security@yfx.com) from 12:00(UTC) on 8th June to 12:00(UTC) on 8th August.

2. YFX.COM R&D and security team will contact you by email to confirm the details of the vulnerability and reproduce the related vulnerabilities.

3. After comfirming that this is a vulnerability, it will be modified and selectively announced to the community, and rewards will be issued.

As a pioneer in the field of decentralized derivatives, YFX.COM hopes to share existing experience so that developers in this industry can avoid detours and formulate technical industry standards. YFX.COM hopes to open source to attract more developers and companies to use the core code, let more people use, spread and improve the code, so as to join YFX.COM’s DeFi derivative product ecology.

About YFX

YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. YFX provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track.

YFX official contact information:

Website: https://www.yfx.com/

Twitter: https://twitter.com/YFX_COM

Medium: https://yfxdefi.medium.com/

Telegram: https://t.me/YFX_COM

Discord: https://discord.gg/xwAtjpabC5

Media Contact: media@yfx.com