2 matches found
Potential insolvency risk in dpxETH stablecoin system due to absence of liquidation mechanism
Lines of code Vulnerability details Impact The dpxETH stablecoin system, as implemented, relies on user deposits as collateral when the stablecoin is minted through bond purchasing. When the bonding process is done, the protocol mints a corresponding amount of Receipt tokens to the user that he c...
RecollateralizationLib: Flaw in basket range calculation leads to early basket compromise and loss to RToken holders
Lines of code Vulnerability details Impact This report deals with how the recollateralization algorithm underestimates the number of baskets it can hold by calculating unnecessary costs for collateral that does not need to be traded. When this number of baskets it thinks it can hold is reached -...