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mediumLogic errorEVM-Solidity

Mellow Flexible Vaults: Protocol Fee Exponential Compounding in ShareModule.handleReport

Payout
$0
Protocol
Mellow Flexible Vaults
Disclosed
Jul 28, 2025
Source
sherlock

Mellow Flexible Vaults' ShareModule.handleReport accrues protocol fees against the current total share supply, which already includes shares minted for previously accrued fees. Because FeeManager.calculateFee multiplies that inflated share base by the elapsed …

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