CryptoRekt
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IF

Iron Finance

Mar 16, 2021

$170K
Lost
$170K
Recovered
$0
Net loss
$170K
Unrecovered0% recovered

Iron Finance lost $170,000 when a ValueDefi error inflated farming reward rates by 365x, allowing attackers to drain all SIL rewards from the IRON/SIL and IRON/BUSD pools.

Target
DeFi
Classification
Token & Share Accounting
Technique
Incorrect Share Accounting
Attribution
Unknown
Chains
Polygon

Event timeline

  1. Mar 16, 2021
    Exploit executed — $170K drained via incorrect share accounting
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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