Tomb Finance

Fee Collection Mechanism Flaw

Estimated loss

—

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

The Tomb Finance token TOMB, an algorithmic stablecoin project linked to the Fantom ecosystem and FTM, had the biggest drop of 77% yesterday, and was suspected of being attacked by the community. In this regard, Tomb Finance stated that it used to collect service fees when selling TOMB. The mechanism Gatekeeper was used by a third party, which led to panic selling, but the project was not attacked and no funds were stolen. Attack method (per SlowMist): Fee Collection Mechanism Flaw. Reported loss: -.

Primary source

https://tombfinance.medium.com/tomb-finance-post-mortem-480fa68375b2 ↗

Sourced from

slowmist

Technical record