Submission Details
Severity:
initiateLiquidation and liquidateBorrower shouldn't have whenNotPaused modifier.
Bug description
Both initiateLiquidation and liquidateBorrower have whenNotPaused modifier.
function initiateLiquidation(address userAddress) external nonReentrant whenNotPaused {
function liquidateBorrower(address userAddress) external onlyManagerOrOwner nonReentrant whenNotPaused {
This is problematic, especially given the fact that loans continue to accrue interest when the protocol is paused. Not having the ability to liquidate a position when the protocol is paused can lead to bad debt.
Impact
Not being able to liquidate a position when the protocol is paused can lead to bad debt.
Recommended Mitigation
Consider removing whenNotPaused modifier from both initiateLiquidation and liquidateBorrower functions.
Updates
Lead Judging Commences
inallhonesty 10 months ago
Submission Judgement Published Assigned finding tags:
Unfair Liquidation As Borrow Interest Accumulates While Paused
inallhonesty 10 months ago
Submission Judgement Published Assigned finding tags:
Unfair Liquidation As Borrow Interest Accumulates While Paused
Prize pool breakdown
Total prize
77,280 USDC
nSLOC
3,86420
USDC / LOC
74,000
3,280
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