Frankencoin - ak1's results

A decentralized and fully collateralized stablecoin.

General Information

Platform: Code4rena

Start Date: 12/04/2023

Pot Size: $60,500 USDC

Total HM: 21

Participants: 199

Period: 7 days

Judge: hansfriese

Total Solo HM: 5

Id: 231

League: ETH

Frankencoin

Findings Distribution

Researcher Performance

Rank: 97/199

Findings: 2

Award: $22.67

🌟 Selected for report: 0

🚀 Solo Findings: 0

Lines of code

https://github.com/code-423n4/2023-04-frankencoin/blob/1022cb106919fba963a89205d3b90bf62543f68f/contracts/Equity.sol#L309-L316

Vulnerability details

Impact

When array of addresses are passed to restructure in the emergency situation, contract would revert due to accessing the first index always.

Not able to restructure in single call during emergency.

Proof of Concept

https://github.com/code-423n4/2023-04-frankencoin/blob/1022cb106919fba963a89205d3b90bf62543f68f/contracts/Equity.sol#L309-L316

function restructureCapTable(address[] calldata helpers, address[] calldata addressesToWipe) public { require(zchf.equity() < MINIMUM_EQUITY); checkQualified(msg.sender, helpers); for (uint256 i = 0; i<addressesToWipe.length; i++){ address current = addressesToWipe[0]; -----------------always 0 is used instead of i _burn(current, balanceOf(current)); } }

Tools Used

We suggest to use correct index value to access the element from array.

#0 - c4-pre-sort

2023-04-20T14:26:18Z

0xA5DF marked the issue as duplicate of #941

#1 - c4-judge

2023-05-18T14:20:32Z

hansfriese marked the issue as satisfactory

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