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DYAD: Liquidating positions with bounded Kerosen could be unprofitable for liquidators

Payout
$0
Protocol
DYAD
Disclosed
Jun 17, 2024
Source
code4rena

DYAD's liquidation mechanics created an economic disincentive for liquidating positions collateralized by its Bounded Kerosene vault. That vault prices Kerosene at twice the rate used by the unbounded vault, yet the seized tokens are locked and cannot be withd …

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References

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