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Submission Details
Severity: low
Invalid

Unchecked ERC20 Token Approval Risks Operational Failures in LibFertilizer.sol

Summary

The findings report identifies a potential vulnerability in LibFertilizer.sol, specifically related to the handling of return values from the approve() function when interacting with ERC20 tokens.

Vulnerability Details

The issue arises from not checking the return value of the approve() function after invoking it on an IERC20 token interface (barnRaiseToken). In Solidity, the approve() function returns a boolean value indicating whether the approval was successful or not. By not verifying this return value, the contract may proceed with operations that depend on the approval without proper validation, potentially leading to unintended behavior or vulnerabilities.

Code Snippet:

IERC20(barnRaiseToken).approve(barnRaiseWell, uint256(tokenAmountIn));

Impact

Failure to check the return value of approve() could result in the following impacts:

  • Operational Failures: Operations dependent on the approval may proceed incorrectly or fail unexpectedly.

  • Financial Loss: Incorrect token transfers or allowance settings could lead to financial losses for users or the contract itself.

  • Security Risk: Opens up possibilities for reentrancy attacks or unexpected behaviors due to unhandled token approval failures.

Tools Used

Manual review

Recommendations

To mitigate the identified vulnerability, it is recommended to:

  • Check Return Value: Modify the code to check the return value of approve() and implement appropriate error handling mechanisms.

  • Error Handling: Ensure that the contract handles scenarios where the approve() operation fails due to reasons such as insufficient allowance or other token-related issues.

Implementing these recommendations will enhance the reliability and security of LibFertilizer.sol when interacting with ERC20 tokens.

Updates

Lead Judging Commences

inallhonesty Lead Judge 12 months ago
Submission Judgement Published
Invalidated
Reason: Known issue
Assigned finding tags:

Known - LightChaser

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