Weilin (William) Li (@hklst4r) 's Twitter Profile
Weilin (William) Li

@hklst4r

DeFi maxi | Sharing highly profitable DeFi and arbitrage strategies |
PhD student @ucl | Alumni @ustc |
NFA, do not offer security services

ID: 1654574164974645248

linkhttp://weilinli.io calendar_today05-05-2023 19:50:07

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Weilin (William) Li (@hklst4r) 's Twitter Profile Photo
Weilin (William) Li
@hklst4r

3 months ago

The root cause of the Impermax attack is the mispricing of Uniswap V3 NFTs. The way it's pricing its NFT is using fair-pricing (which is robust against flashloan attacks!), but the fees' value are directly calculated: price = (amount0_after_fair_pricing + fee0) *

The root cause of the <a href="/ImpermaxFinance/">Impermax</a> attack is the mispricing of Uniswap V3 NFTs. The way it's pricing its NFT is using fair-pricing (which is robust against flashloan attacks!), but the fees' value are directly calculated: price = (amount0_after_fair_pricing + fee0) *