highLogic errorOther
Opus: Shrine's recovery mode can be weaponized as leverage to liquidate healthy troves
- Payout
- $0
- Protocol
- Opus
- Disclosed
- Mar 8, 2024
- Source
- code4rena
Opus's Shrine CDP contract evaluates each trove's health by comparing its loan-to-value ratio against a global threshold that is scaled down whenever the system enters "recovery mode." Recovery mode activates automatically once the shrine-wide LTV reaches 70% …
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References
- https://github.com/code-423n4/2024-01-opus-findings/issues/9
- https://github.com/code-423n4/2024-01-opus-findings
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