Ability to redeem excess collateral

Lines of code Vulnerability details Vulnerability details redeem of PrePOMarket.sol redeems long and short tokens in exchange for collateral tokens. Long and short tokens are default ERC20 tokens with 18 decimals, while the collateral ERC20 token uses the decimals of the underlying base token. Th...

Mint might result in too few tokens minted

Lines of code Vulnerability details mint of PrePOMarket.sol allows the team to mint new short and long tokens in exchange for collateral tokens. Long and short tokens are default ERC20 tokens with 18 decimals, while the collateral ERC20 token uses the decimals of the underlying base token. Howeve...

Irrelevant error message from PrePOMarket.redeem() worries users

Lines of code Vulnerability details Impact Users may receive error messages fee = 0 whenever making a redemption from PrePOMarket contract if the redemption amout is not enough. The error message is irrelevant to users. It's related to the protocol processing the redemption. If a user receives...

position's wrong profit and loss or incorrect distribution of funds in contract PrePoMarket because it doesn't consider expiryTime for setting the value of finalLongPayout and calculating redeem amounts based on positions and Markets never expire

Lines of code Vulnerability details Impact according to the docs: "The expiry date of the market. If a market has not settled by its expiry date, it will automatically settle at the lower bound of its Valuation Range." but Contract PrePOMarket doesn't consider expiryTime in its logic and...

Owner can rug PrePOMarket using re-initialized finalLongPayout.

Lines of code Vulnerability details Description In PrePOMarket.sol, the finalLongPayout represents the finalized value of a single long token in the market. It is settled post ICO / IPO according to predetermined rules. The issue is that this value may be re-initialized as many times as owner...

Access control for hook function in RedeemHook Contract is inconsistent with the implementation.

Lines of code Vulnerability details Impact Access control for hook function in RedeemHook Contract is inconsistent with the implementation. Since the function involves a transfer of fees to Treasury, I've marked it as MEDIUM RISK RedeemHook checks if sender is in a list of pre-approved accounts i...