evodefi-335EvoDefiEvoDefi, the project revenue farm on the BSC chain, was attacked, and the price of its token GEN dropped from US$2.1/piece to US$0.9/piece, a short-term drop of 57%. Loss of 455,576.85 GEN worth approximately USD 1 million. Due to the design flaws in the update logic of the function in the MasterChef contract, the part of the reward that needs to be deducted is not updated, which leads to arbitrage by the attacker.

Detail Analysis

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EvoDefi

Submit Incident Report

Date:

Status:

Count:

Contributor:

June 10, 2021

Unverified

zerofriction.io

Loss Amount:

1,000,000

Recovered Amount:

Currency:

Dollars

KYC By:

Audit By:

None

Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

Key Indicators

Platform:

Type:

Category:

Method:

Protocol

Yield

Flash Loans

Extended Method:

Flash loan attack

Data Sources:

EvoDefi, the project revenue farm on the BSC chain, was attacked, and the price of its token GEN dropped from US$2.1/piece to US$0.9/piece, a short-term drop of 57%. Loss of 455,576.85 GEN worth approximately USD 1 million. Due to the design flaws in the update logic of the function in the MasterChef contract, the part of the reward that needs to be deducted is not updated, which leads to arbitrage by the attacker.

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