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Detail Analysis

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Date:

Status:

Count:

Contributor:

March 4, 2022

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Verified

1

zerofriction.io

Loss Amount:

-

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Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

MixBytes

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum

Protocol

Yield

Contract Vulnerabilities

Extended Method:

Logic error, allow expired locks to relock

Data Sources:

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the contract for vote-locked CVX (vlCVX) has been re-deployed. Convex Finance was recently made aware of a potential bug in the vlCVX rewards system. This bug was responsibly disclosed before anyone utilized it; no loss of funds occurred, and user deposits were not at risk.

User’s who vote-lock CVX earn 5%+1% rewards in the form of cvxCRV. This bug made it possible for expired locks to relock directly to a new address, which, in turn, enabled them to claim more cvxCRV rewards than they had earned.

This was a near miss.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.