Santa's List

AI First Flight #3
Beginner FriendlyFoundry
EXP
View results
Submission Details
Severity: medium
Valid

[H]The business requirement was to spend 2e18 to purchase the NFT, but the burn only destroyed 1e18, which seriously contradicts the business description and resulted in loss of profit funds.

Root + Impact

Description

  • anyone can call the buyPresent to trade 2e18 of SantaToken for an NFT.

  • when call the buyPresent and burn tokens, but only burn 1e18, not 2e18

// Root cause in the codebase with @> marks to highlight the relevant section
function burn(address from) external {
if (msg.sender != i_santasList) {
revert SantaToken__NotSantasList();
}
// `buyPresent`: A function that trades `2e18` of `SantaToken` for an NFT. This function can be called by anyone.
// @> only burn 1e18, not 2e18
_burn(from, 1e18);
}

Risk

Likelihood:

  • The business requirement is to burn 2e18 (i.e., burn 2×10^18), but it is 1e18; this will cause a funds discrepancy and double the NFT issuance.


Impact:

  • Error in funds consumption

  • Severely inconsistent with the business design

Proof of Concept

  1. a user get a NFT and 1e18 SantaToken

  2. check that SantaToken balance is: 1e18

  3. check that NFT balance is : 1

  4. then user call buyPresent()

  5. check that SantaToken balance is: 0

  6. check that NFT balance is : 2


    So user use 1e18 token to get a NFT

function test_Poc_buyPresentCost() public {
address attacker = makeAddr("attacker");
vm.startPrank(santa);
santasList.checkList(user, SantasList.Status.EXTRA_NICE);
santasList.checkTwice(user, SantasList.Status.EXTRA_NICE);
vm.stopPrank();
vm.warp(santasList.CHRISTMAS_2023_BLOCK_TIME() + 1);
vm.startPrank(user);
santasList.collectPresent();
// check user balance
console.log("User token balance after collecting present:", santaToken.balanceOf(user));
console.log("User nft balance after collecting present:", santasList.balanceOf(user));
assertEq(santaToken.balanceOf(user), 1e18);
// approve and buy present
santasList.buyPresent(user);
vm.stopPrank();
console.log("User token balance after buying present:", santaToken.balanceOf(user));
console.log("User nft balance after buying present:", santasList.balanceOf(user));
assertEq(santaToken.balanceOf(user), 0);
assertEq(santasList.balanceOf(user), 2);
}

Recommended Mitigation

Modify the amount in the burn function, changing the original value of 1e18 to 2e18.

function burn(address from) external {
if (msg.sender != i_santasList) {
revert SantaToken__NotSantasList();
}
- _burn(from, 1e18);
+ _burn(from, 2e18);
}
Updates

Lead Judging Commences

ai-first-flight-judge Lead Judge 8 days ago
Submission Judgement Published
Validated
Assigned finding tags:

[M-01] Cost to buy NFT via SantasList::buyPresent is 2e18 SantaToken but it burns only 1e18 amount of SantaToken

## Description - The cost to buy NFT as mentioned in the docs is 2e18 via the `SantasList::buyPresent` function but in the actual implementation of buyPresent function it calls the SantaToken::burn function which doesn't take any parameter for amount and burns a fixed 1e18 amount of SantaToken, thus burning only half of the actual amount that needs to be burnt, and hence user can buy present for their friends at cheaper rates. - Along with this the user is able to buy present for themselves but the docs mentions that present can be bought only for other users. ## Vulnerability Details The vulnerability lies in the code in the function `SantasList::buyPresent` at line 173 and in `SantaToken::burn` at line 28. The function `burn` burns a fixed amount of 1e18 SantaToken whenever `buyPresent` is called but the true value of SantaToken that was expected to be burnt to mint an NFT as present is 2e18. ```cpp function buyPresent(address presentReceiver) external { @> i_santaToken.burn(presentReceiver); _mintAndIncrement(); } ``` ```cpp function burn(address from) external { if (msg.sender != i_santasList) { revert SantaToken__NotSantasList(); } @> _burn(from, 1e18); } ``` ## PoC Add the test in the file: `test/unit/SantasListTest.t.sol`. Run the test: ```cpp forge test --mt test_UsersCanBuyPresentForLessThanActualAmount ``` ```cpp function test_UsersCanBuyPresentForLessThanActualAmount() public { vm.startPrank(santa); // Santa checks user once as EXTRA_NICE santasList.checkList(user, SantasList.Status.EXTRA_NICE); // Santa checks user second time santasList.checkTwice(user, SantasList.Status.EXTRA_NICE); vm.stopPrank(); // christmas time 🌳🎁 HO-HO-HO vm.warp(santasList.CHRISTMAS_2023_BLOCK_TIME()); // user collects their present vm.prank(user); santasList.collectPresent(); // balance after collecting present uint256 userInitBalance = santaToken.balanceOf(user); // now the user holds 1e18 SantaToken assertEq(userInitBalance, 1e18); vm.prank(user); santaToken.approve(address(santasList), 1e18); vm.prank(user); // user buy present // docs mention that user should only buy present for others, but they can buy present for themselves santasList.buyPresent(user); // only 1e18 SantaToken is burnt instead of the true price (2e18) assertEq(santaToken.balanceOf(user), userInitBalance - 1e18); } ``` ## Impact - Protocol mentions that user should be able to buy NFT for 2e18 amount of SantaToken but users can buy NFT for their friends by burning only 1e18 tokens instead of 2e18, thus NFT can be bought at much cheaper rate which is half of the true amount that was expected to buy NFT. - User can buy a present for themselves but docs strictly mentions that present can be bought for someone else. ## Recommendations Include an argument inside the `SantaToken::burn` to specify the amount of token to burn and also update the `SantasList::buyPresent` function with updated parameter for `burn` function to pass correct amount of tokens to burn. - Update the `SantaToken::burn` function ```diff -function burn(address from) external { +function burn(address from, uint256 amount) external { if (msg.sender != i_santasList) { revert SantaToken__NotSantasList(); } - _burn(from, 1e18); + _burn(from, amount); } ``` - Update the `SantasList::buyPresent` function ```diff + error SantasList__ReceiverIsCaller(); function buyPresent(address presentReceiver) external { + if (msg.sender == presentReceiver) { + revert SantasList__ReceiverIsCaller(); + } - i_santaToken.burn(presentReceiver); + i_santaToken.burn(presentReceiver, PURCHASED_PRESENT_COST); _mintAndIncrement(); } ```

Support

FAQs

Can't find an answer? Chat with us on Discord, Twitter or Linkedin.

Give us feedback!