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@Joeysantoro which is the time period used by the Orcale as a result? How does the fix, prevent a big whale using his own funds for doing this? |
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It is possible to execute a flash loan and profit via the following trade:
The end result is the spot price of FEI/ETH is lower than at the beginning, essentially arbing by spiking the price of FEI since it uses the spot price when depositing. The solution has 2 parts:
Spreadsheet detailing attack https://docs.google.com/spreadsheets/d/1PU51ptA8_xxCEJjWqMbobmNZqX5VBToAAwHm3mmDpk8/edit#gid=0