mediumLogic errorEVM-Solidity
Exactly Protocol: Profitable liquidations and accumulation of bad debt due to earnings accumulator not being triggered before liquidating
- Payout
- $0
- Protocol
- Exactly Protocol
- Disclosed
- May 4, 2024
- Source
- sherlock
Exactly Protocol's liquidation flow previews a borrower's collateral against totalAssets() before the earnings accumulator is accrued and converted into floating assets. Because a liquidatee's existing floating market shares are entitled to a pro-rata share of …
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