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ID:

evodefi-335

Date:

Status:

Incident Count:

June 10, 2021

Unverified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

1,000,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Protocol

Yield

Flash Loans

Extended Method:

Flash loan attack

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Days in Operation:

0

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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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