Sanction Bypass Through Depositing to Authorized Borrower's Market

Lines of code Vulnerability details Impact Wildcat protocol provides lending with lender backed collateral considered as reserves and the ratio must be upheld by the borrower. The protocol team has taken certain steps to prevent interaction with sanctioned users. However, sanction status is only...

Malicious initial reserve ratio can be used to rug lenders collateral

Lines of code Vulnerability details Impact Wildcat protocol provides borrowers the ability to adjust annual interest BIPs after market deployment. In order to protect lenders the protocol increases the reserve ratio of ratio of the market to 90% for two weeks. The increased reserve ratio allows...

Sanction Bypass Through Transferring to another account

Lines of code Vulnerability details Impact Wildcat protocol provides lending with lender backed collateral considered as reserves and the ratio must be upheld by the borrower. WildcatMarketTokens are provided to lenders in return for their base assets, these tokens are ERC20 meaning tokens can be...

Incompatibility with Rebase tokens

Lines of code Vulnerability details Impact Borrowers can choose whatever token they want to be the underlying token for a market. The problem comes when those tokens are Rebasing tokens such as Ampleforth. The balances of those tokens are changed rebased by a certain algorithm depending on the...