R0AR: Launching a token buyback plan to address the previous security incident involving approximately $780,000 stolen

ChainCatcher news, according to Chainwire, the DeFi platform R0AR has announced the implementation of a regular buyback plan in response to a previous staking contract security incident. The platform will repurchase $1R0R tokens through weekly open market purchases, aiming to maintain token liquidity.

ChainCatcher previously reported that SlowMist issued a security alert, stating that the root cause of The R0AR (@th3r0ar) vulnerability was a backdoor in the contract. During the deployment process, the R0ARStaking contract tampered with the balance of a specified address (user.amount) by directly modifying the storage slot. Subsequently, the attacker extracted all funds from the contract through an emergency withdrawal function.