Background
Synthetic Assets are the next planned major THORChain feature. The main feature PR has been merged for 10 months and has been disabled in chaosnet pending deepened liquidity pools, which are required to guarantee the underlying economic security of synthetic assets. Before THORChain proceeds to #ACTIVATETHESYNTHS, we would like to open up the feature in the first-ever THORGames exercise. We invite the community to participate for the chance to win RUNE and contribute to the security of the ecosystem.
- THORGames: Synths will leverage Stagenet for testing in a LIVE environment.
- sRUNE is the stagenet version of RUNE, other assets on stagenet are REAL Native L1s.
- DISCLAIMER: THORChain, Nine Realms or any other entity are NOT responsible for loss of funds.
- Using a new wallet specifically for testing is recommended.
- Please be responsible with security, funds.
- Join #thorgames discord channel for related discussion.
Starting Block: 120,716
Ending Block: 228,716 Extended to: 343,428
Objective
Demonstrate a code- or economic-based attack vector on synthetic assets.
The following are in-scope:
- Synthetic asset mint / redeem bugs allowing more L1 assets to be removed from the system than were put in.
- Manipulation of liquidity pool depths resulting in synthetic assets being under-collateralized.
- Economic attacks requiring 1/250th of circulating RUNE or less to carry out.