This proposal, created on behalf of @infosec_us_team, requests 8,000,000 ACA from the Acala Treasury as a bug bounty payment and Immunefi platform fee related to a critical vulnerability affecting LDOT. The requested funds will be used for payment to infosec_us_team and the Immunefi platform fee. The issue has already been patched in Acala in the last runtime upgrade (2320).
A critical security vulnerability was identified that could, under specific conditions, allow arbitrary minting of a small amount of LDOT. With enough repeats, it would be possible to drain liquidity from any LDOT DEX pairs. And if without further governance actions, unstake and withdraw all staked DOT by Homa protocol.
Acala Treasury has been asked to give 8,000,000 ACA to infosec_us_team for finding a big security problem with LDOT. This problem could let someone make a small amount of LDOT and take away money from LDOT trading pairs. The team who found the problem told Parity, the company that made the software, and Acala fixed it in their last update. Parity will share more details when they know the problem is completely fixed and no other chains are affected.