Frankencoin - jasonxiale'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: 99/199

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#L313

Vulnerability details

Impact

Qualified FPS holders might fail to restructure the system

Proof of Concept

As show in code Equity.restructureCapTable, within the for loop, the function burn addressesToWipe[0]'s balacne al the time because of typo

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]; // ** here it the typo _burn(current, balanceOf(current)); } }

Tools Used

VS

#0 - c4-pre-sort

2023-04-20T14:23:01Z

0xA5DF marked the issue as duplicate of #941

#1 - c4-judge

2023-05-18T14:27:35Z

hansfriese marked the issue as satisfactory

AuditHub

A portfolio for auditors, a security profile for protocols, a hub for web3 security.

Built bymalatrax © 2024

Auditors

Browse

Contests

Browse

Get in touch

ContactTwitter