mediumLogic errorEVM-Solidity
Wildcat Protocol: `setAnnualInterestBips()` can be abused to keep a market's reserve ratio at 90%
- Payout
- $0
- Protocol
- Wildcat Protocol
- Disclosed
- Dec 11, 2023
- Source
- code4rena
In Wildcat Protocol, borrowers can lower a market's annual interest rate via `setAnnualInterestBips()`, which automatically sets the market's reserve ratio to 90% for two weeks to give lenders time to exit. However, if a market was initialized with a reserve r …
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References
- https://github.com/code-423n4/2023-10-wildcat-findings/issues/497
- https://github.com/code-423n4/2023-10-wildcat-findings
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