Redemption fee increase can be thwarted

Lines of code Vulnerability details Impact The mechanism to increase the baseRate during redemptions is moot, up to gas fees. Therefore an arbitrageur can redeem more than what is healthy for the supply of LUSD. This weakens the price floor at $1, and may cause needless volatility. It further...

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...

PrePOMarket.redeem() business logic may raise users' concerns of their assets

Lines of code Vulnerability details Impact When a user tries to redeem assets, current business logic may fail and pop the error msg fee = 0 repeatedly. Users may not understand what's happening behind, thus raise concers about the safety of their assets since it looks like their assets are out o...