Infrared Finance / infrared-contracts

The Infrared Protocol revolutionizes the way users engage with the Berachain ecosystem, particularly in how they stake consensus assets and receive the Proof-of-Liquidity inflation. It enables users to stake their assets effortlessly and receive IBGT, a liquid staked representation of BGT, significantly enhancing BGT's utility. Additionally, Infrared democratizes access to Validator staking through the IBERA contract suite, a liquid staking token tightly integrated with Proof-of-Liquidity (POL) and the Infrared ecosystem.

Prize distribution and scoring

• Total Prize Pool: $250,000

• Primary Prize Pool: $240,000

• $10,000 of the prize pot is reserved for Low Severity findings. These reports are judged based on quality and reviewers are then ranked from 1st to 5th for the purpose of prize allocation.

  • 1st: $5k
  • 2nd: $2.5k
  • 3rd: $1.2k
  • 4th: $650
  • 5th: $650

• Scoring described in the competition scoring page.

• Findings Severities described in detail on our docs page.

Early submission incentive

To make sure the Infrared Finance launch is completed on schedule, researchers are incentivized to submit High/Medium severity findings early, ie: as soon as one is found. The first valid submission will be rewarded an additional 20% reward, in comparison to its subsequent duplicates.

• The finding must identify the root cause, highest valid impact and describe the finding with all the necessary details to consider it valid.
• Please note that low quality or vague submissions or submissions that could be subject to interpretations will not be considered for the additional reward.
• The escalation process will not apply for these rewards and there will be no discussion for these rewards. The decision made by the Judges/Infrared protocol team on these rewards will be final.
• Example: If a finding has 5 duplicates.
  • Using regular each of the duplicates would get $2000 each
  • With the current incentive of 20%. The earliest valid submission gets $2307.72, and the rest of the duplicates get $1923.07 each.

Important:

• Please note that there may be additional known findings added here by the Jan 18th as a part of an ongoing fix review. These findings would be considered out of scope for the competition.

Documentation

• Technical Documentation

Scope

• Repository: https://cantina.xyz/code/ac5f64e6-3bf2-4269-bbb0-4bcd70425a1d/
• https://github.com/cantina-competitions/infrared-contracts
• Files:
  • src/core
  • src/staking

Build Instructions

# Download the repository

# replace dependency from: 
private: github.com/berachain/contracts-mono-repo
to 
public: github.com/berachain/contracts

# Install dependencies
forge install

# Build contracts
forge build

# Run tests
forge test

• The mandatory POC does not apply here, however valid POC must be presented whenever requested by the judges/clients.

Out of scope

• Spearbit review report
• iBERA withdrawals (NYI)
• Keeper / Governance scripts (WIP)
• Voting (non critical)
• Cantina review report Aug

• Automated findings by Lightchaser https://gist.github.com/ChaseTheLight01/b9d0df8cc889a3bcbc8a6331b3fe2154

Contact Us

For any issues or concerns regarding this competition, please reach out to the Cantina core team through the Cantina Discord.