The Standard

The Standard
DeFiHardhat
20,000 USDC
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Submission Details
Severity: low
Invalid

Force the vault owner not to burn the tokens to become overcollateralised

Vulnerability Details

Let us assume that the value of a certain token is decreasing rapidly by seeing this the liquidity providers can check the vaults which are going to be liquidated if there are vaults that are going to be liquidated, before the vault owner burn the tokens and make the vault overcollateralized the liquidity providers make block stuffing by sending fake transactions.This creates the time for the vault to become undercollateralised .If the vault is under collateralized then vault manager makes the vault lquidate. If the vault manager sends the transaction with the higher value then the vault manager transaction is executed first results in the vault to liquidate. And the block stuffing doesn't cost more in most of the block chains as this contract is intended to deploy in multiple chains.

Tools Used

Manual review

Updates

Lead Judging Commences

hrishibhat Lead Judge over 1 year ago
Submission Judgement Published
Invalidated
Reason: Non-acceptable severity
Assigned finding tags:

informational/invalid

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