highLogic errorEVM-Solidity
Napier: LP Tokens always valued at 3 PTs
- Payout
- $0
- Protocol
- Napier
- Disclosed
- Feb 26, 2024
- Source
- sherlock
Napier's yield AMM pools PTs whose backing is held as Curve Base LP tokens, and all deposit/swap/redemption math multiplies that LP balance by a fixed N_COINS constant of 3. That 3x ratio only holds at pool creation, since a Curve LP token's virtual price grow …
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