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Overpaying option premium #237

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code423n4 opened this issue May 14, 2022 · 1 comment
Closed

Overpaying option premium #237

code423n4 opened this issue May 14, 2022 · 1 comment
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2 (Med Risk) Assets not at direct risk, but function/availability of the protocol could be impacted or leak value bug Something isn't working duplicate This issue or pull request already exists sponsor confirmed Sponsor agrees this is a problem and intends to fix it (OK to use w/ "disagree with severity")

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@code423n4
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Lines of code

https://github.com/code-423n4/2022-05-cally/blob/1849f9ee12434038aa80753266ce6a2f2b082c59/contracts/src/Cally.sol#L224

Vulnerability details

Impact

It is possible for the option buyer to overpay the defined option premium without getting compensated the overpay.

Proof of Concept

Cally.sol#L224

require(msg.value >= premium, "Incorrect ETH amount sent");

Tools Used

Manual review

Recommended mitigation steps

As there is no benefit for paying more premium than set by the option writer (vault owner), consider preventing the option buyer from overpaying the option premium by adapting the require statement as following:

require(msg.value == premium, "Incorrect ETH amount sent");
@code423n4 code423n4 added 2 (Med Risk) Assets not at direct risk, but function/availability of the protocol could be impacted or leak value bug Something isn't working labels May 14, 2022
code423n4 added a commit that referenced this issue May 14, 2022
@outdoteth outdoteth added the sponsor confirmed Sponsor agrees this is a problem and intends to fix it (OK to use w/ "disagree with severity") label May 15, 2022
@outdoteth
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reference issue: #84

@outdoteth outdoteth added the duplicate This issue or pull request already exists label May 15, 2022
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Labels
2 (Med Risk) Assets not at direct risk, but function/availability of the protocol could be impacted or leak value bug Something isn't working duplicate This issue or pull request already exists sponsor confirmed Sponsor agrees this is a problem and intends to fix it (OK to use w/ "disagree with severity")
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