lambdaclass / lambdaclass/eth-agent

Stablecoin USD conversion assumes 1:1 peg (depeg risk)

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critical security
Dominant language
TypeScript
Stars
10
Forks
1
PR merge metrics
No merged PRs in 30d

Description

Problem

normalizeToUSD assumes all stablecoins are 1:1 with USD. During depegs (like USDC in March 2023), this could allow exceeding intended USD limits.

Location

src/agent/limits.ts:183-195

Current Code

// Assumes 1:1 USD peg for all stablecoins
private normalizeToUSD(amount: bigint, stablecoin: StablecoinInfo): bigint {
  // Just converts decimals, no price check
}

Recommendation

  • Document the 1:1 assumption clearly in public API
  • Optional: integrate price oracle for accurate conversion
  • Add monitoring/alerting for depeg scenarios
  • Consider adding a configurable price tolerance threshold

Priority

Critical - Financial Risk

Contributor guide

No contributing guide indexed for this repository

First steps

  1. Read the whole issue, then the project's contributing guide.
  2. Comment on the issue to say you are picking it up — it saves two people doing the same work.
  3. Fork the repository and make your change on a branch.
  4. Open a pull request that references the issue number.

Research direction

Start by reading src/agent/limits.ts:183-195 and the public API around normalizeToUSD. The issue lists documentation, an oracle, monitoring, and a configurable tolerance as possible approaches but does not choose one. Done requires a defined mitigation for stablecoin depegs and corresponding validation, with scope agreed before implementation.

Written by the indexing model from the issue text.

Assessment

Tech stack
typescript
Domain
blockchain, security
Issue type
Bug
Difficulty
5/5
Estimated time
Over a week
Activity status
Stale
Clarity
Needs clarification
Newbie friendliness
25/100

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