Nov 16 2020

MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

published by William Foxley
in blog CoinDesk
original entryMakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

b.protocol lending liquidation makerdao tech

A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process.