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highLogic errorEVM-Solidity

LoopFi: Liquidation doesn't account for penalty when calculating collateral to give, allowing users to profit by borrowing and self-liquidating

Payout
$0
Protocol
LoopFi
Disclosed
Feb 17, 2025
Source
code4rena

LoopFi's CDPVault lets users borrow WETH from PoolV3 by posting collateral, and liquidates unsafe positions at a discounted price. To deter profitable self-liquidation, liquidatePosition is meant to subtract a liquidation penalty from the amount a liquidator r …

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References

This report is already public and closed. Coin Buggie never publishes active or unpatched vulnerability data.