mediumLogic errorEVM-Solidity
The Wildcat Protocol: `FixedTermLoanHooks` allow Borrower to update Annual Interest before end of the "Fixed Term Period"
- Payout
- $0
- Protocol
- The Wildcat Protocol
- Disclosed
- Oct 24, 2024
- Source
- code4rena
In Wildcat Protocol's fixed-term loan hooks implementation, a missing check in `onSetAnnualInterestAndReserveRatioBips` allowed borrowers to reduce the market's annual percentage rate (APR) prior to the expiration of a fixed-term loan period. Because lenders i …
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References
- https://github.com/code-423n4/2024-08-wildcat-findings/issues/77
- https://github.com/code-423n4/2024-08-wildcat-findings
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