From TokenPost · · 50s
UNCX Vesting Bug Drains $1.49M
UNCX’s vesting bug caused $1.49 million in token drain across four chains by Oct. 15.
In brief
UNCX’s vesting bug caused $1.49 million in token drain across four chains by Oct. 15. UNCX’s vesting bug led to $1.49 million in token drain across four chains by Oct. 15. Originally reported by TokenPost.
Vesting Bug Impact
UNCX’s Vesting V2 bug let positions claim more shared token pools than their recorded stakes justified, causing $1.49 million in gross drain across four chains by Oct. 15.
“Ultimately, the smart contract failed to make sure that no functions could break the invariant around the shares’ global counter”
Drain Timeline
First Ethereum drain occurred Oct. 14 at 11:49:59 a.m. et; by Oct. 15, 11 transactions drained $969,000 on BNB Chain, $242,000 on Ethereum, $169,000 on Robinhood Chain, and $114,000 on Base.
Recovery Status
UNCX reported Friday, Oct. 16, that a white-hat returned affected funds and trading resumed on Base pool, with $1.49 million remaining as gross drain estimate.
In short
UNCX’s vesting bug led to $1.49 million in token drain across four chains by Oct. 15.
