Possible Unauthorized Redemption of Collateral ERC20 Tokens due to Lack of Proper Check in redeem() Function

Lines of code Vulnerability details Impact An attacker who is not authorized by the smart contract could potentially redeem more tokens than they are entitled to. This could cause a loss of funds for the smart contract and its users, as well as potentially destabilizing the overall ecosystem...

ISCOLLATERAL FUNCTION IS ALWAYS RETURNING FALSE

Lines of code Vulnerability details Impact isCollateral in Asset.sol is a critical function updating the caller if the asset is an instance of ICollateral or not. However, it is noted that this function is always returning false, making all associated require statements to revert with this...

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 -...

Real Furnace and StRSR addresses can be added to the Distributor

Lines of code Vulnerability details Impact RToken may be distributed to StRSR and frozen. RSR may be distributed to Furnace and frozen. Proof of Concept Both Furnace and StRSR are added to the destinations of Distributor in DistributorP1init: function initIMain main, RevenueShare calldata dist...

Baited by redemption during undercollateralization (no issuance, just transfer)

Lines of code Vulnerability details Impact This is similar to the "high" vulnerability I submitted, but also shows a similar exploit can be done if a user isn't a whale, and isn't issuing anything. A user can send a redeem TX and an evil actor can make it so they get almost nothing back during...

Inconsistent min deposit

Lines of code Vulnerability details Impact The first transfer in a vault that is based on ERC4626Cloned produces different results depending on whether it is done via deposit or via mint. While first deposit produces a number of shares that is 1:1 with the asset, in the case of mint, the results...

Front-run Initializer

Lines of code Vulnerability details Impact In function: function initialize Authority AUTHORITY, ICollateralToken COLLATERALTOKEN, ILienToken LIENTOKEN, ITransferProxy TRANSFERPROXY, address VAULTIMPL, address SOLOIMPL, address WITHDRAWIMPL, address BEACONPROXYIMPL, address CLEARINGHOUSEIMPL...

Reentrancy Vulnerability in stake() and unstake() functions.

Lines of code Vulnerability details Impact An attacker can repeatedly call these functions and manipulate the state of the contract, potentially leading to a loss of funds for the users of the contract. For example, an attacker could repeatedly call the stake function, causing the attacker to...

Potential issue with Vault.depost function

Lines of code Vulnerability details Impact Contract Vault is a private vault which only allows the owner also the strategist to deposit. However, Vault.deposit uses an unnecessary complicated logic requires.allowListmsg.sender && receiver == owner; to allow only owner to deposit actually the...

[M-01] Public Vault cannot be reactivated after Shutdown.

Lines of code Vulnerability details Impact If the strategist who created the vault is compromised/hacked or accidentally/intentionally shutdown the vault by call shutdown the public vault cannot be resumed. There is no function that sets isShutdown = false. Unintentional shutdown of a large publi...

ClearingHouse can pass in a malicious payment token

Lines of code Vulnerability details Impact vault loss assets Proof of Concept When the auction is successful the NFT is transferred to the bidder and seaport calls ClearingHouse.safeTransferFrom to trigger the repayment of the debt through the conduit mechanism ClearingHouse.safeTransferFrom -...

PublicVault Contract Allows Minting Tokens to a Null Address

Lines of code Vulnerability details Impact The PublicVault contract allows the minting of tokens to a null address. When the redeemFutureEpoch function is called with a null address as the receiver, the function will still proceed with the minting of the underlying asset, but the tokens will not...

INCORRECT FUNCTION CALLS

Lines of code Vulnerability details Impact In Vault.sol, WithdrawProxy.sol and PublicVault.sol, name is making an incorrect external call to return its output variable. Apparently, it is calling ERC20asset.symbol instead of ERC20asset.name. Devoid of an accurate name description, this could lead ...

Transfer of assets should come before deleting and burning the collateral id

Lines of code Vulnerability details Impact Detailed description of the impact of this finding. Clldata id is burnt and deleted before transfer Proof of Concept Provide direct links to all referenced code in GitHub. Add screenshots, logs, or any other relevant proof that illustrates the concept...

Comparison Of Different Types Might Lead to Inconsistent Behavior

Lines of code Vulnerability details Impact Comparison Of Different Types Might Lead to Inconsistent Behavior Proof of Concept The comparison here compares two different types , i.e. uint88 withdrawReserve and uint256 withdrawBalance. This type of mismatched might induce unwanted behavior If a bug...

Unbounded Chainlink oracle time delay vulnerability

Lines of code Vulnerability details Summary The contract OndoPriceOracleV2 allows for the owner to set an association between an fToken and a Chainlink oracle for price retrieval. The contract also allows the owner to set a maxmum amount of time delay that it will tolerate from all Chainlink...

Redeemers can reject receiving air-drop collateral token, make function completeRedemptions() failing and wasting gas of admin

Lines of code Vulnerability details Impact Function completeRedemptions is used by admin account to distribute collateral to users and also to refund redemption requests if the redemption cannot be serviced. Redeemers will received funds from assetSender in air-drop manner, if collateral token is...

JumpRateModelV2 may return wrong values

Lines of code Vulnerability details JumpRateModelV2 may return wrong values Impact Solidity integer division might truncate. As a result, performing multiplication before division can sometimes avoid loss of precision. Vulnerability Details In general, this is a problem due to precision mostly if...

Potential DOS in utilizationRate() function

Lines of code Vulnerability details Potential DOS IN UTILIZATIONRATE utilizationrate = borrows / cash + borrows - reserves. if cash+ borrows = reserves this goes to infinity so that utilizationrate reverts. Also if cash + borrows Tools Used Vs code Recommended Mitigation Steps Define...

lastSetMintExchangeRate is not updated

Lines of code Vulnerability details Impact The lastSetMintExchangeRate variable is not updated if exchange rate deviates the max amount. This becomes a problem since once Admin unpauses the system and new Exchange rate are being set, lastSetMintExchangeRate still points to exchange rate from last...