mediumLogic errorEVM-Solidity
Lavarage: Small loans will never be liquidated, generating bad debt for lenders
- Payout
- $0
- Protocol
- Lavarage
- Disclosed
- May 29, 2024
- Source
- code4rena
Lavarage's borrow flow lacks a minimum position-size requirement, so a borrower can open many dust-sized loans against the same pool in a single chained transaction, obtaining the same total principal while paying only one gas fee. When these positions cross t …
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References
- https://github.com/code-423n4/2024-04-lavarage-findings/issues/11
- https://github.com/code-423n4/2024-04-lavarage-findings
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