Incident Report: Low Balance for a Depository Contract on Arbitrum
Date: 2023-11-14
Time: 02:54 (GMT+5:30)
Duration: 5 hours
Description
Low balance for address 0x536D8BB091dfD852e22b2Ff92b0e0E73bA4468C5 (Depository Contract) on chain Arbitrum and was nearing to critical low balance.
Root Cause
Depository contracts must be manually funded via multi-sig tx. So it came under low balance.
Impact
It was near to critical low balance and left with approximately 6 days of operational work. This is potentially because of 2 volatile pairs of dAPIs on Arbitrum but still below the predictable burn rate.
Timeline
- 02:54 - First noticed the issue.
- 03:00 - Initial diagnosis.
- 03:00 - Started the fix.
- 08:00 - Issue resolved.
Lessons Learned
Depository contracts which must be manually funded via multisig tx should be topped up at the right moment based on market & operational activities.
Actions Taken
A transaction was prepared and topped up with 5ETH at the moment.
Related Images/Logs
Incident Reviewer(s)
- Andrew
- Jiri Herzan
- Santiago Aceñolaza
- Aaron
- Ugur Mersinlioglu
Owner: UNKNOWN