Posts
25
@gadrian
··
0 views
1 min read
To me there seems to be an issue with these flash loans (which require no collateral but are repaid in the same smart contract, from what I understood).
From the description of the exploit, this isn't a hack of the smart contract code, this is an exploit using the flash loans, which are used to manipulate the price of the tokens. So it's a market manipulation using borrowed funds with no collateral.
Posted Using LeoFinance Beta