sBTC
REWARDS PROGRAM
SECURITY REVIEW

AUTHOR
KRISTIAN APOSTOLOV, ALIN BARBATEI (ABA), MARCHEV
PUBLISHED
JANUARY 5TH, 2025
FINDINGS COUNT
18

The sBTC Rewards Program enables Bitcoin users to earn a 5% return on their holdings, paid in sBTC, without the need to stake or lock their assets. To participate, users can enroll through the sBTC Rewards Dashboard, which allows them to hold sBTC, earn sBTC, and unlock the full potential of their Bitcoin.

The program operates through a Contributor Smart Contract, which manages the delegation of stacking rewards. This contract allows contributors to delegate and revoke their staking rewards to the incentive program. It also enables the contract administrator to manage stack aggregation, including committing, extending, and increasing stack amounts for contributors.

To get started, users can follow the onboarding process outlined in the sBTC Incentive Protocol documentation. This process involves visiting the designated platform, navigating to the Yield section, enrolling to participate, and, upon transaction confirmation, beginning enrollment with the next cycle. Enrollment remains active for all future cycles unless the user opts out of the program.

Summary of Findings

1

CRITICAL FINDING

1

HIGH FINDING

3

MEDIUM FINDINGS

3

Low FINDINGS

10

QA FINDINGS