PeckShield Inc. (@peckshield): The @raft_fi hack leads to the mint of unbacked ~$6.7m stablecoin R.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- R-90Negative
Some impact data unavailable.
The @raft_fi hack leads to the mint of unbacked ~$6.7m stablecoin R. Our analysis shows the hack takes advantage of round issue and donation to (1) manipulate the collateral token's index rate of rcbETH-c to borrow/mint $6.7m R and (2) mint extra rcbETH-c so that the donation… https://twitter.com/raft_fi/status/1723057566664548623 https://t.co/YUKDq9I8nj Quote [@raft_fi](https://www.twitter.com/raft_fi/status/1723057566664548623) > We are aware of a potential security vulnerability. > > We are currently investigating and will provide an update as soon as we can.