Glo Dollar

Glo is the fiat-backed stablecoin that funds public goods.

Stablecoin companies generate $7 billion per year from their stablecoin reserves. Our approach is different—we funnel all our profits to public goods and charities. By adopting Glo Dollar, you're funding public goods. At zero cost to you.

Glo Dollar allows you, the holder, to choose which causes to support. That includes poverty alleviation, decarbonization programs and Web3 Open Source.

So by choosing Glo Dollar instead of USDC / USDT, stablecoin users can support crypto at large instead of shareholders.

Website: https://www.glodollar.org

Asset Type: Smart Contracts

Chains: ETH, Celo, Optimism, Arbitrum, Polygon, Other

Programming Language: Solidity

Product Type: DeFi

Project Category: Stablecoin

KYC Required: Yes

Payouts

Critical: $25,000 - $50,000

PoC required. Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield, Permanent freezing of funds, Miner-extractable value (MEV), Predictable or manipulable RNG that results in abuse of the principal, Protocol insolvency.

High: $1,000 - $2,500

PoC required. Temporary freezing of funds for at least 1 hour

Medium: $500 - $1,250

Smart contract unable to operate due to lack of token funds, Block stuffing for profit, Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol), Theft of gas, Unbounded gas consumption.

Low: up to $1,000

Smart contract fails to deliver promised returns, but doesn't lose value

Informational

Not eligible

Rules

Glo Dollar adheres to Remedy's terms and conditions. See the rules under "Unethical behavior" for more details about responsible publication and other policies.

The following activities are prohibited by this bug bounty program:

• Any testing with mainnet or public testnet contracts; all testing should be done on private testnets
• Any testing with pricing oracles or third party smart contracts
• Attempting phishing or other social engineering attacks against our employees and/or customers
• Any testing with third party systems and applications (e.g. browser extensions) as well as websites (e.g. SSO providers, advertising networks)
• Any denial of service attacks
• Automated testing of services that generates significant amounts of traffic
• Public disclosure of an unpatched vulnerability in an embargoed bounty

PoC Required

All High and Critical Smart Contract bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. Explanations and statements are not accepted as PoC and code is required.

KYC Required

Glo requires KYC to be done for all bug bounty hunters submitting a report and wanting a reward. The information needed are name, address, date and full amount you claim, clearly stated on an invoice. The collection of this information will be done by the project team.

Payouts

Payouts are handled by the Glo team directly and are denominated in USD. However, payouts are done in USDC.

Assets in Scope

Smart Contracts

1. Glo Dollar (USDGLO) on Ethereum https://etherscan.io/token/0x4F604735c1cF31399C6E711D5962b2B3E0225AD3

2. Glo Dollar (USDGLO) on Polygon https://polygonscan.com/token/0x4F604735c1cF31399C6E711D5962b2B3E0225AD3

3. Glo Dollar (USDGLO) on Celo https://celoscan.io/token/0x4f604735c1cf31399c6e711d5962b2b3e0225ad3

4. Glo Dollar (USDGLO) on Optimism https://optimistic.etherscan.io/token/0x4f604735c1cf31399c6e711d5962b2b3e0225ad3

5. Glo Dollar (USDGLO) on Base https://basescan.org/token/0x4f604735c1cf31399c6e711d5962b2b3e0225ad3

All smart contracts versions of Glo can be found at https://gitlab.com/global-income-coin/usdglo. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

If an impact can be caused to any other asset managed by Glo Dollar that isn't on this table but for which the impact is in the Impacts in Scope section below, you are encouraged to submit it for the consideration by the project. This only applies to Critical impacts.

Assets Out of Scope

The following vulnerabilities are excluded from the rewards for this bug bounty program:

• Attacks that the reporter has already exploited themselves, leading to damage
• Attacks requiring access to leaked keys/credentials
• Attacks requiring access to privileged addresses (governance, strategist)
• Incorrect data supplied by third party oracles (not to exclude oracle manipulation/flash loan attacks)
• Basic economic governance attacks (e.g. 51% attack)
• Lack of liquidity
• Best practice critiques
• Sybil attacks
• Centralization risks

Only the impacts mentioned in the payout section are accepted within this bug bounty program. All other impacts are not considered as in-scope, even if they affect something in the assets in the scope table.