Anti Flashloan
How vulnerable is NovaDEX to flash loan attacks?
Our farming uses predefined rewards that cannot be changed by manipulating the price.
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The minting of tokens is controlled by the Masternova contract [0x8A4f4c7F4804D30c718a76B3fde75f2e0cFd8712] and no other contract can access that function. This is a significant mitigating factor for flash loan attacks
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. Other third party vaults, generate rewards differently which is why they've been subject to such attacks.
While the effects of a flashloan attack are mitigated by our protocol, it may still be susceptible to some other forms of flashloan attacks. We are dedicated to providing additional layers of security and as a proactive measure.
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