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Users can avoid paying borrowing interest after the fyToken matures

🗓️ 05 Jun 2021 00:00:00Reported by Code4renaType 
code423n4
 code423n4🔗 github.com👁 9 Views

Users can avoid paying borrowing interest after the fyToken matures by transferring their vault to Witch and then buying all collateral with underlying tokens to circumvent interest payment. This could lead to decreased incentivization for timely debt repayment and holding the underlying tokens until liquidation

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08 Jul 2021 00:00Current
6.8Medium risk
Vulners AI Score6.8
borrowing interestvault transfercollateral purchasetimely repaymentliquidationprotocol design
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