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mediumLogic errorEVM-Solidity

Arcadia: L2 sequencer down will push an auction's price down, causing unfair liquidation prices, and potentially guaranteeing bad debt

Payout
$0
Protocol
Arcadia
Disclosed
Feb 16, 2024
Source
sherlock

Arcadia's liquidation engine runs an auction whose price decays on a half-life curve driven purely by elapsed block time, while its Registry pauses liquidations during L2 sequencer outages (plus a grace period). Because the Liquidator's price-curve logic is no …

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References

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