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mediumLogic errorEVM-Solidity

Velocimeter: `update_period(..)` leads to wrong calculation in weekly emissions breaking accounting for the protocol

Payout
$0
Protocol
Velocimeter
Disclosed
Jul 25, 2024
Source
sherlock

Velocimeter's Minter.update_period() computes the flow token's weekly team-emission share with an incorrect denominator, (PRECISION - teamRate), which over-estimates the team's allocation for every epoch and mints excess FLOW. At the documented 5% teamRate thi …

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