highLogic errorEVM-Solidity
Salty.IO: When borrowers repay USDS, it is sent to the wrong address, allowing anyone to burn Protocol Owned Liquidity and build bad debt for USDS
- Payout
- $0
- Protocol
- Salty.IO
- Disclosed
- Apr 19, 2024
- Source
- code4rena
Salty.IO's stablecoin subsystem routes borrower USDS repayments to the USDS token contract for later burning while separately incrementing the Liquidizer's burn-obligation counter (usdsThatShouldBeBurned). This decouples the recorded obligation from Liquidizer …
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References
- https://github.com/code-423n4/2024-01-salty-findings/issues/137
- https://github.com/code-423n4/2024-01-salty-findings
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