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...
There is no boundaries for starting an auction.
Lines of code Vulnerability details Impact The team has brought this contest to be fairer to their users in terms of liquidation mechanism. Looking through this perspective, it can be developed more on the process to be much fairer to the users in volatile market conditions. Proof of Concept The...