The team disclosed the root cause of the recent flashloan attack.

04 Jan 2024, 12:28
⚙️The team disclosed the root cause of the recent flashloan attack

Same news in other sources

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Hacken Token
Hacken TokenHAI #684
Twitter
04 Jan 2024, 12:28
🔎TL;DR: the main problem was with the settings of a price change threshold. It was placed too high allowing for up 50-200% price change on certain LST and stablecoin vaults. This allowed the attacker to manipulate the price up to the price change threshold and mint a…
DR: the main problem was with the settings of a price change threshold.
🔎TL;DR: the main problem was with the settings of a price change threshold. It was placed too high allowing for up 50-200% price change on certain LST and stablecoin vaults. This allowed the attacker to manipulate the price up to the price change threshold and mint a…