Sherlock Yield Strategy Bug Bounty Post-Mortem
Sherlock Yield Strategy Bug Bounty Post-MortemNOTE FOR SHERLOCK LIQUIDITY PROVIDERS: This type of bug bounty payout does not impact any of the staking pool, and all staked funds used for Sherlock coverage remain unaffected.OverviewOn July 14th, 2022, GothicShanon89238 reported an issue to Sherlock through Immunefi concerning Sherlock's yield strategy integration with Euler. The issue has since been fixed.No funds were immediately at risk, but the issue could eventually have resulted in a...

What is Sherlock?
TL;DRSherlock is a new type of security solution for protocol teams. Sherlock provides teams with all the tools they need to securely launch decentralized apps:Audits from leading security firms and independent security expertsBug bounty paid for by SherlockSmart contract coverage for on-chain exploitsWith these tools, protocol teams are set up for success and can get back to building. Even further, the users of those protocols can sleep easier knowing there is recourse even if a bug slips th...

Security Expert Guide
This is the quick start guide for security experts interested in competing for $50k+ prize pools in Sherlock’s next-generation audit model.For the full details, check out the Audit section of the Sherlock docs.Good news: If you’ve competed in Code Arena in the past, this experience will be quite familiar. However, there are some differences:Only Medium and High severity bugs are rewardedThe top 10% on Sherlock’s leaderboard are eligible to be Lead Senior Watsons with $10k guaranteed pay per a...
Sherlock Yield Strategy Bug Bounty Post-Mortem
Sherlock Yield Strategy Bug Bounty Post-MortemNOTE FOR SHERLOCK LIQUIDITY PROVIDERS: This type of bug bounty payout does not impact any of the staking pool, and all staked funds used for Sherlock coverage remain unaffected.OverviewOn July 14th, 2022, GothicShanon89238 reported an issue to Sherlock through Immunefi concerning Sherlock's yield strategy integration with Euler. The issue has since been fixed.No funds were immediately at risk, but the issue could eventually have resulted in a...

What is Sherlock?
TL;DRSherlock is a new type of security solution for protocol teams. Sherlock provides teams with all the tools they need to securely launch decentralized apps:Audits from leading security firms and independent security expertsBug bounty paid for by SherlockSmart contract coverage for on-chain exploitsWith these tools, protocol teams are set up for success and can get back to building. Even further, the users of those protocols can sleep easier knowing there is recourse even if a bug slips th...

Security Expert Guide
This is the quick start guide for security experts interested in competing for $50k+ prize pools in Sherlock’s next-generation audit model.For the full details, check out the Audit section of the Sherlock docs.Good news: If you’ve competed in Code Arena in the past, this experience will be quite familiar. However, there are some differences:Only Medium and High severity bugs are rewardedThe top 10% on Sherlock’s leaderboard are eligible to be Lead Senior Watsons with $10k guaranteed pay per a...

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**TL;DR We’ve heard from a ton of community members that they missed the Early Adopters LP Round last week, so we are re-opening it on Thursday!
Same 3x multiplier on SHER incentives vs. the early March round. This is the last opportunity for rewards at this level before incentives must decrease. There is a hard cap at $20M of staker capital. See you Thursday, April 7th at 4pm UTC!!**
This Thursday, April 7th at 4pm UTC, you’ll have a chance to participate in the same staking deal that the first early adopters round received.
This will only be for the staking side of the raise, so all of your capital is eligible to be returned at the end of 6 months.
Right now, there is ~$10M in the pool. On Wednesday, another ~$10M will be able to contribute at the same terms, until the pool reaches $20M in size. There is a HARD cap at $20M for the elevated incentives, so don’t miss out. These incentives are so good that they are unsustainable for more than $20M of capital.
Here’s the deal:
15% guaranteed APY on any amount you stake (up to the $20M cap)
200k SHER tokens for every 1M USDC staked
Both reward streams will be unlocked after 6 months (at the same time that the USDC stake can be unlocked).
Here’s a model that outlines the APY and SHER tokens you’ll receive.
You can participate at app.sherlock.xyz.
See you on Thursday!!
Thank you again for your support!
As described in the first Early Adopters LP Round article, you’ll be receiving the same elevated rewards at the Early Adopters LP rounds.
**TL;DR We’ve heard from a ton of community members that they missed the Early Adopters LP Round last week, so we are re-opening it on Thursday!
Same 3x multiplier on SHER incentives vs. the early March round. This is the last opportunity for rewards at this level before incentives must decrease. There is a hard cap at $20M of staker capital. See you Thursday, April 7th at 4pm UTC!!**
This Thursday, April 7th at 4pm UTC, you’ll have a chance to participate in the same staking deal that the first early adopters round received.
This will only be for the staking side of the raise, so all of your capital is eligible to be returned at the end of 6 months.
Right now, there is ~$10M in the pool. On Wednesday, another ~$10M will be able to contribute at the same terms, until the pool reaches $20M in size. There is a HARD cap at $20M for the elevated incentives, so don’t miss out. These incentives are so good that they are unsustainable for more than $20M of capital.
Here’s the deal:
15% guaranteed APY on any amount you stake (up to the $20M cap)
200k SHER tokens for every 1M USDC staked
Both reward streams will be unlocked after 6 months (at the same time that the USDC stake can be unlocked).
Here’s a model that outlines the APY and SHER tokens you’ll receive.
You can participate at app.sherlock.xyz.
See you on Thursday!!
Thank you again for your support!
As described in the first Early Adopters LP Round article, you’ll be receiving the same elevated rewards at the Early Adopters LP rounds.
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