Rust Fund

AI First Flight #9
Beginner FriendlyRust
EXP
View results
Submission Details
Severity: high
Valid

Refund Allowed Even When Goal Is Met

Root + Impact

Description

  • Describe the normal behavior in one or more sentences
    The `refund` function only checks if the deadline has been reached, but does not verify that the funding goal was not met. According to the project requirements, refunds should only be allowed when both conditions are true: the deadline has passed AND the goal was not met. Currently, users can get refunds even if the campaign was successful.


  • Explain the specific issue or problem in one or more sentences
    The normal behavior should allow refunds only when a campaign fails (deadline reached AND goal not met). However, the current implementation only checks the deadline condition, allowing refunds even for successful campaigns.

```rust:66-88:programs/rustfund/src/lib.rs
pub fn refund(ctx: Context<FundRefund>) -> Result<()> {
let amount = ctx.accounts.contribution.amount;
if ctx.accounts.fund.deadline != 0 && ctx.accounts.fund.deadline > Clock::get().unwrap().unix_timestamp.try_into().unwrap() {
return Err(ErrorCode::DeadlineNotReached.into());
}
**ctx.accounts.fund.to_account_info().try_borrow_mut_lamports()? =
ctx.accounts.fund.to_account_info().lamports()
.checked_sub(amount)
.ok_or(ProgramError::InsufficientFunds)?;
**ctx.accounts.contributor.to_account_info().try_borrow_mut_lamports()? =
ctx.accounts.contributor.to_account_info().lamports()
.checked_add(amount)
.ok_or(ErrorCode::CalculationOverflow)?;
// Reset contribution amount after refund
ctx.accounts.contribution.amount = 0;
Ok(())
}
```
The function checks if the deadline has passed but never validates that `fund.amount_raised < fund.goal`. This allows refunds even when the campaign succeeded.

Risk

Likelihood:

* This occurs when deadline passes and goal was met - refunds are incorrectly allowed

* Contributors can exploit this to get refunds from successful campaigns

Impact:

* Contributors can drain funds from successful campaigns by requesting refunds

* Creator may not have sufficient funds to proceed with their project even though goal was met

* Breaks the core business logic of the crowdfunding platform

* Financial loss for creators who believe their campaign succeeded

Proof of Concept

1. Campaign goal: 10 SOL
2. Campaign raises 15 SOL (goal exceeded)
3. Deadline passes
4. Contributors call `refund()` - function only checks deadline, not goal
5. All contributors get refunds, draining the fund
6. Creator has no funds despite successful campaign

Recommended Mitigation

```diff
pub fn refund(ctx: Context<FundRefund>) -> Result<()> {
let amount = ctx.accounts.contribution.amount;
+
+ // Check if deadline has been reached
if ctx.accounts.fund.deadline != 0 && ctx.accounts.fund.deadline > Clock::get().unwrap().unix_timestamp.try_into().unwrap() {
return Err(ErrorCode::DeadlineNotReached.into());
}
+
+ // Check if goal was not met
+ if ctx.accounts.fund.amount_raised >= ctx.accounts.fund.goal {
+ return Err(ErrorCode::GoalMet.into());
+ }
+
+ // Check if user has contributed
+ if amount == 0 {
+ return Err(ErrorCode::NoContribution.into());
+ }
**ctx.accounts.fund.to_account_info().try_borrow_mut_lamports()? =
ctx.accounts.fund.to_account_info().lamports()
.checked_sub(amount)
.ok_or(ProgramError::InsufficientFunds)?;
**ctx.accounts.contributor.to_account_info().try_borrow_mut_lamports()? =
ctx.accounts.contributor.to_account_info().lamports()
.checked_add(amount)
.ok_or(ErrorCode::CalculationOverflow)?;
// Reset contribution amount after refund
ctx.accounts.contribution.amount = 0;
+ ctx.accounts.fund.amount_raised = ctx.accounts.fund.amount_raised
+ .checked_sub(amount)
+ .ok_or(ErrorCode::CalculationOverflow)?;
Ok(())
}
```
Updates

Lead Judging Commences

ai-first-flight-judge Lead Judge 16 days ago
Submission Judgement Published
Validated
Assigned finding tags:

[H-04] Inadequate Refund Conditions

## Description the refund mechanism only verifies that the current time has passed the campaign deadline, without checking whether the campaign has failed to meet its funding goal.This oversight may result in refunds being issued even if the campaign was, in principle, successful, potentially undermining the trust and financial integrity of the platform. &#x20; ## Vulnerability Details The refund function in the contract is designed to return funds to contributors if a campaign fails. However, it only checks whether the campaign deadline has been reached (or passed) before allowing a refund, without verifying if the campaign's funding goal was met. In other words, the function solely relies on a time-based condition and does not incorporate the additional logic required to determine if a campaign has been unsuccessful. **Code Analysis:**\ The refund function contains the following check: ```Rust if ctx.accounts.fund.deadline != 0 && ctx.accounts.fund.deadline > Clock::get().unwrap().unix_timestamp.try_into().unwrap() { return Err(ErrorCode::DeadlineNotReached.into()); } ``` This condition ensures that refunds are only triggered after the deadline has passed. However, there is no subsequent verification that compares `fund.amount_raised` to the `fund.goal` to determine whether the campaign failed to meet its funding target. As a result, even if the campaign has met or exceeded its goal, contributors could potentially request refunds simply because the deadline has passed. ## proof Of Concept ```typescript it("Allows refund on a successful campaign due to missing goal check", async () => { // Define campaign parameters with a near-future deadline (5 seconds from now) const fundName = "refund flaw"; const description = "Test for refund vulnerability on a successful campaign"; const goal = new anchor.BN(1000000000); // 1 SOL goal // Set deadline to 5 seconds from now const deadline = new anchor.BN(Math.floor(Date.now() / 1000) + 5); // Generate PDA for the fund using the campaign name and creator's public key let [fundPDA, fundBump] = await PublicKey.findProgramAddress( [Buffer.from(fundName), creator.publicKey.toBuffer()], program.programId ); // Create the fund campaign await program.methods .fundCreate(fundName, description, goal) .accounts({ fund: fundPDA, creator: creator.publicKey, systemProgram: anchor.web3.SystemProgram.programId, }) .rpc(); // Set the campaign deadline await program.methods .setDeadline(deadline) .accounts({ fund: fundPDA, creator: creator.publicKey, }) .rpc(); // Airdrop lamports to otherUser so they can contribute const airdropSig = await provider.connection.requestAirdrop( otherUser.publicKey, 2 * anchor.web3.LAMPORTS_PER_SOL // e.g., 2 SOL ); await provider.connection.confirmTransaction(airdropSig); // Generate PDA for the contribution account using fund's PDA and otherUser's public key let [contributionPDA, contributionBump] = await PublicKey.findProgramAddress( [fundPDA.toBuffer(), otherUser.publicKey.toBuffer()], program.programId ); // otherUser contributes 1 SOL, meeting the campaign goal const contributionAmount = new anchor.BN(1000000000); // 1 SOL await program.methods .contribute(contributionAmount) .accounts({ fund: fundPDA, contributor: otherUser.publicKey, contribution: contributionPDA, systemProgram: anchor.web3.SystemProgram.programId, }) .signers([otherUser]) .rpc(); // Verify the campaign is successful by checking that amountRaised >= goal let fundBeforeDeadline = await program.account.fund.fetch(fundPDA); expect(fundBeforeDeadline.amountRaised.gte(goal)).to.be.true; // Wait until after the deadline has passed await new Promise((resolve) => setTimeout(resolve, 6000)); // otherUser calls refund despite the campaign being successful // (a correct implementation should disallow this refund) let refundTxSucceeded = true; try { await program.methods .refund() .accounts({ fund: fundPDA, contribution: contributionPDA, contributor: otherUser.publicKey, systemProgram: anchor.web3.SystemProgram.programId, }) .signers([otherUser]) .rpc(); } catch (err) { refundTxSucceeded = false; } // The vulnerability: refund call is erroneously allowed even though the campaign met its goal. expect(refundTxSucceeded).to.be.true; // check the contributor's balance change to further demonstrate the refund was processed. const balanceAfterRefund = await provider.connection.getBalance( otherUser.publicKey ); console.log("Contributor balance after refund:", balanceAfterRefund); }); ``` ## Impact - **Financial Discrepancies:**\ The improper refund mechanism result in successful campaigns losing funds that were meant to be retained by the campaign creator, leading to financial imbalances within the contract. - **Erosion of Trust:**\ Contributors and creators rely on the refund logic to be fair and accurate. The absence of a funding goal check in the refund function erode trust in the platform, as users could experience unexpected fund reversals or disputes over campaign success. - **Operational Risks:**\ Campaigns that meet their funding goals still be subject to refund requests, creating operational inefficiencies and potential disputes between creators and contributors. This undermines the intended crowdfunding model and could deter future participation. &#x20; ## Recommendations Update the refund function to include a check that verifies whether the campaign's funding goal has been met. Refunds should only be processed if both the deadline has passed and the `amount_raised` is below the `goal`.&#x20; &#x20; ```Solidity if ctx.accounts.fund.deadline != 0 && ctx.accounts.fund.deadline > Clock::get().unwrap().unix_timestamp.try_into().unwrap() { return Err(ErrorCode::DeadlineNotReached.into()); } if ctx.accounts.fund.amount_raised >= ctx.accounts.fund.goal { return Err(ErrorCode::CampaignSuccessful.into()); } ```

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