Core Contracts

Regnum Aurum Acquisition Corp
HardhatReal World AssetsNFT
77,280 USDC
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Submission Details
Severity: medium
Valid

Lack of Stale Price Check in RAACNFT::mint Functions

Summary

The mint() functions retrieve house prices from an external contract (raac_hp). However, they lack stale price detection and min/max price validation, which could lead to incorrect NFT pricing, exploitation, and unfair transactions.

Vulnerability Details

function mint(uint256 _tokenId, uint256 _amount) public override {
uint256 price = raac_hp.tokenToHousePrice(_tokenId);
if(price == 0) { revert RAACNFT__HousePrice(); }
if(price > _amount) { revert RAACNFT__InsufficientFundsMint(); }
// transfer erc20 from user to contract - requires pre-approval from user
token.safeTransferFrom(msg.sender, address(this), _amount);
// mint tokenId to user
_safeMint(msg.sender, _tokenId);
// If user approved more than necessary, refund the difference
if (_amount > price) {
uint256 refundAmount = _amount - price;
token.safeTransfer(msg.sender, refundAmount);
}
emit NFTMinted(msg.sender, _tokenId, price);
}

The function fetches the house price; however, there is no check to ensure that the price has been recently updated. If the price is outdated or manipulated, users may overpay or underpay for NFTs.

Impact

Users may buy NFTs at incorrect prices due to outdated pricing.

Tools Used

Manual Review

Recommendations

Implement a Stale Price Check

Updates

Lead Judging Commences

inallhonesty Lead Judge 7 months ago
Submission Judgement Published
Validated
Assigned finding tags:

LendingPool::getNFTPrice or getPrimeRate doesn't validate timestamp staleness despite claiming to, allowing users to exploit outdated collateral values during price drops

inallhonesty Lead Judge 7 months ago
Submission Judgement Published
Validated
Assigned finding tags:

LendingPool::getNFTPrice or getPrimeRate doesn't validate timestamp staleness despite claiming to, allowing users to exploit outdated collateral values during price drops

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