Quick explanation of @CreamdotFinance >$100M exploit:

1. Flash mint ~500m DAI to mint curve y Pool to mint ~500m yUSD
2. Use account A to deposit yUSD to CREAM
3. Flash loan ~500k (worth $2B) ETH from AAVE
4. Use account B to deposit ETH to borrow all yUSD and send to A

cont.. https://t.co/8teRWbUCUQ

— swit.eth #6010 πŸ˜ˆπŸ‡ΉπŸ‡­πŸ…‘πŸ’ŽπŸΊπŸš«πŸ»πŸŒŠπŸ (@nomorebear) October 27, 2021