Decoding ROE Finance’s Flash Loan Exploit | QuillAudits

Summary:

Introduction to ROE Finance:

Root Cause:

Attack Steps:

The original transaction was front runned by a MEV bot, and the Bot owner took away the profit of around $78,190 i.e ( 2.29 WBTC and 39,982 USDC)

After the Exploit :

How to Prevent Flash Loan Attacks?

Further Reference:

Web3 security- Need of the hour

Want more Such Security Blogs & Reports?

Partner with QuillAudits :

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store