Hawk High

First Flight #39
Beginner FriendlySolidity
100 EXP
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Submission Details
Impact: low
Likelihood: low
Invalid

[L-02] The Huge Financial Incentives Could Lead to a Rug Pull of the Project

Vulnerability Details

  1. The graduateAndUpgrade function has no time restrictions, such as requiring the term to end before funds can be allocated.

  2. This could allow the principal to exploit two out of the three methods described in H-01, H-03, and H-04 to obtain all student fees and execute a rug pull.

Impact

The project is overly centralized, which poses the risk of centralization hazards. The principal may take advantage of the huge financial incentives and run off with the funds prematurely.

POC

Not written.

Recommendations

I haven’t come up with a solution yet—everything is possible when faced with human nature. There’s no solution!

Updates

Lead Judging Commences

yeahchibyke Lead Judge 7 months ago
Submission Judgement Published
Invalidated
Reason: Lack of quality

Appeal created

0x996 Submitter
7 months ago
yeahchibyke Lead Judge
7 months ago
yeahchibyke Lead Judge 7 months ago
Submission Judgement Published
Invalidated
Reason: Lack of quality

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