Beginner FriendlyDeFiFoundry
100 EXP
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Submission Details
Severity: high
Invalid

Fee is more expensive than the reward.

Summary

The contract currently expects a fee of 1e19 ETH, to be sent in exchange for claiming the air drop. With the current deploy script, the rewards per air drop winner will equal 25USDC, which is a small fraction of the current cost of 1e19 ETH. This leaves no incentive for the claimer to benefit from the air drop, which

  1. Makes the air drop useless

  2. If no claimer wants to claim the assets, then the protocol is stuck with a contract with 100 USDC locked within it.

Impact

High, as this issue removes the incentive from both the air drop owner and the potential claimers.

Tools Used

Manual Review

Recommendations

Either increase the air drop value or decrease the fee, so the air drop value is bigger than the fee.

Updates

Lead Judging Commences

inallhonesty Lead Judge
over 1 year ago
inallhonesty Lead Judge over 1 year ago
Submission Judgement Published
Invalidated
Reason: Incorrect statement

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