I'm sure you guys have probably by now heard the new about Spartan Protocol.
"Attacker used $61m in BNB to overcome the pools via a as yet unknown economic exploit path to remove roughly $30m in funds from the pools."
The contract address.
https://bscscan.com/tx/0xb64ae25b0d836c25d115a9368319902c972a0215bd108ae17b1b9617dfb93af8
The most recent update on the situation:
https://peckshield-94632.medium.com/the-spartan-incident-root-cause-analysis-b14135d3415f
"This incident was due to a flawed logic in calculating the liquidity share when the pool token is burned to withdraw the underlying assets. In particular, the specific hack inflates the asset balance of the pool before burning the same amount of pool tokens to claim an unnecessarily large amount of underlying assets. The consequence of this attack results in more than $30M loss from the affected pool."
I wanted to get your perspectives on the update.
