Damn Vulnerable DeFi — Challenge #8 Walkthrough
Automated Market Makers (AMMs) like Uniswap provide many essential services to the DeFi ecosystem including on-chain price feeds. These price oracles are used by lending, derivatives, stable coins, and other applications. Unfortunately, it is possible to manipulate these price feeds which resulted in several multi-million dollar hacks.
In the next challenge, we will develop one such exploit against an overly trusting lending pool. Here is the description:
There's a huge lending pool borrowing Damn Valuable Tokens (DVTs)…