Lenen Protocol
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  1. system

VRC-20 Approve Manager Address

This function sets the Comet contract’s VRC-20 allowance of an asset for a manager address. It can only be called by the Governor.

In the event of a governance attack, an attacker could create a proposal that leverages this function to give themselves permissions to freely transfer all VRC-20 tokens out of the Comet contract.

Hypothetically, the attacker would need to either acquire supreme voting weight or add a malicious step in an otherwise innocuous and popular proposal and the community would fail to detect before approving.

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Last updated 2 years ago