{ "schemaVersion": "stablecoin-research-v1", "campaignId": "stablecoin-v4", "assignmentId": "R3", "asOfUtc": "2026-09-16T03:41:09.040263Z", "scopeWindow": { "start": "2020-01-01", "end": "2021-12-31" }, "coverage": { "searchedChains": [ "Terra / Terra Classic", "Ethereum", "Waves", "Arbitrum One (later history)", "BNB Smart Chain (ported-asset leads)" ], "searchedFamilies": [ "Terra", "Beanstalk", "Neutrino", "Basis Cash", "Empty Set Dollar", "DeFo and Basis relatives (discovery only)" ], "deepCaseIds": [ "R3-P001", "R3-P002", "R3-P003", "R3-P004" ], "completenessClaim": false, "stoppingReason": "Bounded seed-first investigation completed four deep families and one triaged contrast; stopped to write and validate artifacts. Historical code/deployment and later-outcome gaps remain; no TaskDescriptor numeric hard budget was supplied in the visible assignment." }, "protocols": [ { "id": "R3-P001", "name": "TerraUSD / LUNA", "aliases": [ "UST", "USTC", "Terra Classic", "LUNC" ], "chains": [ "Terra (later Terra Classic)" ], "eligibility": { "status": "included", "reason": "September 2020 launch announcement and 2021 governance establish activity.", "claimIds": [ "R3-C001", "R3-C004" ] }, "researchDepth": "deep", "classification": [ "endogenous mint/burn convertibility", "seigniorage", "2022 discretionary external reserve support" ], "targetUnit": "USD", "lineage": [ { "relatedName": "TerraKRW / TerraMNT", "relationship": "Non-USD sibling denominations", "evidenceClaimIds": [ "R3-C041" ] } ], "deployments": [], "versions": [ { "id": "R3-P001-V1", "label": "UST before Columbus-5", "startDate": "2020-09-12", "endDate": "2021-09-30", "tokenRoles": "UST dollar target; LUNA staking, governance and volatility absorber. KRT/MNT have non-USD targets.", "backing": "LUNA conversion capacity; not segregated dollar collateral.", "redemption": "Oracle-valued conversion to LUNA, subject to spreads and capacity.", "supplyPolicy": "UST expansion consumes LUNA; contraction issues LUNA; seigniorage also allocated to community/oracle rewards.", "debtAndIncentives": "No conventional collateralized borrower debt ceiling established; LUNA value depends partly on ecosystem usage.", "oracle": "Validator price reporting; lag and reference-market depth constrain safe conversion.", "governanceAndAdmin": "Governance proposals alter market parameters; validators implement upgrades.", "liquidityDependencies": "LUNA markets and UST AMMs; conversion is not cash withdrawal.", "claimIds": [ "R3-C001", "R3-C002", "R3-C004", "R3-C041" ] }, { "id": "R3-P001-V2", "label": "Columbus-5", "startDate": "2021-09-30", "endDate": null, "tokenRoles": "UST and LUNA roles retained.", "backing": "No new external collateral created by full seigniorage burn.", "redemption": "Oracle-valued LUNA conversion with market-module limits.", "supplyPolicy": "All seigniorage burned; swap fees redirected to validators.", "debtAndIncentives": "Anchor subsidized deposit yield from a finite reserve and incentivized borrowers.", "oracle": "Validator reporting remains essential.", "governanceAndAdmin": "Columbus upgrade plus parameter governance.", "liquidityDependencies": "Anchor withdrawal demand, UST pools and LUNA sale depth.", "claimIds": [ "R3-C003", "R3-C005" ] }, { "id": "R3-P001-V3", "label": "2022 reserve defense and collapse", "startDate": null, "endDate": null, "tokenRoles": "UST liability-like target; LUNA dilution absorber; external reserve assets used in defense.", "backing": "Discretionary LFG/TFL reserves supplemented endogenous conversion.", "redemption": "Failed durable dollar parity; conversion subjected LUNA to issuance and selling.", "supplyPolicy": "Contraction and LUNA issuance feedback during run.", "debtAndIncentives": "Reserve-funded demand defense exhausted effectiveness.", "oracle": "No incident-specific oracle compromise established.", "governanceAndAdmin": "Emergency measures and later revival proposal.", "liquidityDependencies": "CEXs, Curve, Anchor and native chain access.", "claimIds": [ "R3-C006", "R3-C007" ] }, { "id": "R3-P001-V4", "label": "Classic legacy and new-chain/company aftermath", "startDate": null, "endDate": null, "tokenRoles": "Legacy UST/LUNA and new-chain LUNA must be separated.", "backing": "No restored par backing demonstrated.", "redemption": "Snapshot airdrop/claims processes are not $1 redemption.", "supplyPolicy": "Revival plan removes algorithmic stablecoin modules from new chain.", "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "Separate chain governance and TFL wind-down.", "liquidityDependencies": "Legacy trading and recovery processes; present execution not measured.", "claimIds": [ "R3-C008", "R3-C009" ] } ], "incidents": [ { "date": "2022-05", "versionId": "R3-P001-V3", "type": "run and reflexive monetary collapse", "summary": "UST peg defense failed amid joint UST/LUNA collapse.", "beneficiaries": "Earlier successful exiters; individual attacker profits unresolved.", "lossBearers": "Remaining UST holders, diluted LUNA holders and exposed liquidity providers.", "outcome": "Revival plan without algorithmic stablecoin.", "claimIds": [ "R3-C006", "R3-C007", "R3-C008" ] }, { "date": "2024-09-30", "versionId": "R3-P001-V4", "type": "corporate wind-down", "summary": "TFL reports winding down.", "beneficiaries": null, "lossBearers": "Claimants; recovery amount not verified.", "outcome": "2025 claims portal announcement; not chain shutdown.", "claimIds": [ "R3-C009" ] } ], "sourceIds": [ "R3-S001", "R3-S002", "R3-S003", "R3-S004", "R3-S005", "R3-S006", "R3-S007", "R3-S008", "R3-S009", "R3-S010" ], "claimIds": [ "R3-C001", "R3-C002", "R3-C003", "R3-C004", "R3-C005", "R3-C006", "R3-C007", "R3-C008", "R3-C009", "R3-C041" ] }, { "id": "R3-P002", "name": "Beanstalk", "aliases": [ "BEAN", "Bean" ], "chains": [ "Ethereum", "Arbitrum One" ], "eligibility": { "status": "included", "reason": "Launch record August 6, 2021.", "claimIds": [ "R3-C010" ] }, "researchDepth": "deep", "classification": [ "uncollateralized credit", "non-convertible dollar target", "governance exploit recovery" ], "targetUnit": "USD", "lineage": [], "deployments": [], "versions": [ { "id": "R3-P002-V1", "label": "Launch source snapshot", "startDate": "2021-08-06", "endDate": null, "tokenRoles": "Bean target token; Pods ordered future-Bean debt; Stalk governance/seigniorage participation; Seeds grow Stalk.", "backing": "No collateral redemption; Silo deposits and LP assets are custody/liquidity, not universal Bean backing.", "redemption": "Sell on market; sow for Pods, not par dollars or Stalk.", "supplyPolicy": "Seasonal oracle/reserve imbalance expands supply or offers Soil; sowing burns Beans.", "debtAndIncentives": "Soil limits new credit; Weather changes promised Pod yield; ordered debt waits for issuance.", "oracle": "BEAN/ETH and USDC/ETH Uniswap cumulative-price comparison.", "governanceAndAdmin": "Stalk voting, diamond-cut upgrades, emergency commit, owner pause.", "liquidityDependencies": "Bean AMM depth, dollar reference pool and willing lenders.", "claimIds": [ "R3-C010", "R3-C011", "R3-C012", "R3-C013", "R3-C014" ] }, { "id": "R3-P002-V2", "label": "Updated pre-exploit and paused recovery", "startDate": null, "endDate": "2022-08-06", "tokenRoles": "Same credit family, with intervening BIPs; not all facets reconstructed.", "backing": "Liquidity/custodied non-Bean assets stolen.", "redemption": "No demonstrated par collateral redemption existed.", "supplyPolicy": "Paused after exploit.", "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "Flash-loan governance takeover; governance disabled.", "liquidityDependencies": "Loss of non-Bean pool assets impaired market exit.", "claimIds": [ "R3-C015", "R3-C016" ] }, { "id": "R3-P002-V3", "label": "Replant", "startDate": "2022-08-06", "endDate": null, "tokenRoles": "Replacement Bean, Unripe assets, Fertilizer and legacy credit/deposit claims.", "backing": "Barn Raise recapitalization of stolen non-Bean liquidity; no universal dollar backing.", "redemption": "Unripe recovery conditional; Bean remains market/credit based.", "supplyPolicy": "Future issuance supports recovery and credit/deposit incentives.", "debtAndIncentives": "Fertilizer recapitalizers receive contingent future issuance; creditor demand still required.", "oracle": null, "governanceAndAdmin": "Snapshot plus 5-of-9 community multisig.", "liquidityDependencies": "Restored LP liquidity and new risk capital.", "claimIds": [ "R3-C017", "R3-C018" ] }, { "id": "R3-P002-V4", "label": "Arbitrum Reseed", "startDate": null, "endDate": "2026-08-23", "tokenRoles": "Arbitrum Bean replaces Ethereum instances; migration semantics distinct.", "backing": null, "redemption": null, "supplyPolicy": "BIP-50 includes generalized shipment allocation of new mints.", "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "Community upgrade/migration process.", "liquidityDependencies": "Arbitrum Wells; complete revised oracle and incentive settings not reconstructed.", "claimIds": [ "R3-C019" ] }, { "id": "R3-P002-V5", "label": "Reported EBIP-23 custody and RFF change", "startDate": "2026-08-23", "endDate": null, "tokenRoles": "Bean credit family retained; additional RFF process.", "backing": "Reported removed liquidity held as BEAN/wstETH by separate multisig.", "redemption": "AMM at higher slippage or asynchronous RFF; not par dollar redemption.", "supplyPolicy": null, "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "Reported 2-of-3 RFF multisig controlled by subset of BCM.", "liquidityDependencies": "90% withdrawal from BEAN:wstETH Well; reported local LP shortfall.", "claimIds": [ "R3-C020" ] } ], "incidents": [ { "date": "2022-04-17", "versionId": "R3-P002-V2", "type": "governance exploit", "summary": "Flash loan enabled governance takeover and theft.", "beneficiaries": "Attacker.", "lossBearers": "Silo depositors, LPs, Bean holders and future claimants.", "outcome": "Pause, governance removal, later Replant.", "claimIds": [ "R3-C015", "R3-C016", "R3-C017" ] }, { "date": "2026-08-23", "versionId": "R3-P002-V5", "type": "reported defensive liquidity/custody redesign", "summary": "EBIP-23 reports withdrawing most principal Well liquidity.", "beneficiaries": "No realized gains verified; intended protection of participants.", "lossBearers": "Users face higher slippage or delayed multisig-dependent fills.", "outcome": "Execution/balances not independently verified.", "claimIds": [ "R3-C020" ] } ], "sourceIds": [ "R3-S011", "R3-S012", "R3-S013", "R3-S014", "R3-S015", "R3-S016", "R3-S017", "R3-S018", "R3-S019", "R3-S020", "R3-S021" ], "claimIds": [ "R3-C010", "R3-C011", "R3-C012", "R3-C013", "R3-C014", "R3-C015", "R3-C016", "R3-C017", "R3-C018", "R3-C019", "R3-C020" ] }, { "id": "R3-P003", "name": "Neutrino USD / XTN", "aliases": [ "USDN", "Neutrino Index Token", "NSBT", "SURF" ], "chains": [ "Waves", "Ethereum (ported representation)", "BNB Smart Chain (project-reported port)" ], "eligibility": { "status": "included", "reason": "2019 launch with explicit 2020 activity.", "claimIds": [ "R3-C021" ] }, "researchDepth": "deep", "classification": [ "volatile native-chain collateral", "recapitalization token", "capacity-rationed convertibility", "later floating basket index" ], "targetUnit": "USD originally; floating reserve-basket index after transformation", "lineage": [], "deployments": [ { "chain": "Waves", "address": "3PC9BfRwJWWiw9AREE2B3eWzCks3CYtg4yo", "verified": null, "sourceIds": [ "R3-S028" ] } ], "versions": [ { "id": "R3-P003-V1", "label": "Original USDN and NSBT", "startDate": "2019-11-25", "endDate": "2021-01-15", "tokenRoles": "USDN dollar target; WAVES reserve; NSBT recapitalization/governance.", "backing": "Locked WAVES, not burned WAVES; NSBT not identical to backing asset.", "redemption": "Conversion draws from finite WAVES reserve; historical timing/fees unresolved.", "supplyPolicy": "Release/relock preissued USDN; WAVES deposited/returned.", "debtAndIncentives": "NSBT attracts recapitalization; staking yield derives from WAVES leasing.", "oracle": "WAVES valuation necessary; 2020 operator set and exact feeds unresolved.", "governanceAndAdmin": "NSBT governance functions expanded in 2020; exact admin authority unresolved.", "liquidityDependencies": "WAVES liquidity, staking operations, exchanges and bridges.", "claimIds": [ "R3-C021", "R3-C022", "R3-C042" ] }, { "id": "R3-P003-V2", "label": "Moon Factor", "startDate": "2021-01-15", "endDate": null, "tokenRoles": "USDN/WAVES retained; NSBT supply-limited recap token.", "backing": "WAVES reserves.", "redemption": "NSBT auction sellBond and other functions removed; no assumption of permanent original NSBT redemption.", "supplyPolicy": "NSBT issue curve depends on backing ratio and supply.", "debtAndIncentives": "Maximum NSBT supply 2,835,689; cap is not a guarantee of sufficient new capital.", "oracle": null, "governanceAndAdmin": "Community vote preceded update.", "liquidityDependencies": "Demand for scarce recapitalization token.", "claimIds": [ "R3-C023" ] }, { "id": "R3-P003-V3", "label": "2022 restricted swaps and SURF", "startDate": null, "endDate": null, "tokenRoles": "USDN/WAVES, NSBT/gNSBT and later SURF.", "backing": "WAVES with impaired recap capacity.", "redemption": "gNSBT-linked daily swap limits; SURF contingent conversion.", "supplyPolicy": "SURF repayment at backing threshold issues circulating USDN.", "debtAndIncentives": "SURF sells recovery exposure; conversion at 115% BR may require multiple cycles.", "oracle": null, "governanceAndAdmin": "Staking affects swaps, fees and votes.", "liquidityDependencies": "WAVES reserves plus capacity rights, recapitalization demand and market depth.", "claimIds": [ "R3-C024", "R3-C025" ] }, { "id": "R3-P003-V4", "label": "XTN basket transformation", "startDate": null, "endDate": null, "tokenRoles": "XTN floating index; legacy NSBT/SURF/gNSBT retained in redesign.", "backing": "Governance-approved basket of Waves ecosystem tokens.", "redemption": "Basket valuation rather than dollar par; gNSBT capacity retained in litepaper.", "supplyPolicy": "Reserve-value-based issuance with weight incentives; release/relock architecture.", "debtAndIncentives": "SURF conversion moves to XTN-price condition in redesign.", "oracle": "Basket valuation and control contract; exact deployed provider set unknown.", "governanceAndAdmin": "Governance selects reserve tokens and weight parameters.", "liquidityDependencies": "Basket sale liquidity and swap access.", "claimIds": [ "R3-C026", "R3-C027", "R3-C029" ] }, { "id": "R3-P003-V5", "label": "Power DAO transition announcement", "startDate": null, "endDate": null, "tokenRoles": "gNSBT plus staked POWER governance incentives.", "backing": null, "redemption": null, "supplyPolicy": null, "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "October 2023 scheduled governance transition; execution unresolved.", "liquidityDependencies": null, "claimIds": [ "R3-C028" ] } ], "incidents": [ { "date": "2022-06-17", "versionId": "R3-P003-V3", "type": "reserve and recapitalization capacity crisis", "summary": "Project acknowledged NSBT issuance capacity insufficient in stressed conditions.", "beneficiaries": "Earlier exiters retain access to finite reserves; recap investors offered fees/upside.", "lossBearers": "USDN holders unable to exit at par; NSBT/SURF investors take recovery risk.", "outcome": "SURF recapitalization and later abandonment of dollar peg.", "claimIds": [ "R3-C024", "R3-C025", "R3-C026" ] }, { "date": null, "versionId": "R3-P003-V4", "type": "target redesign", "summary": "USDN transformed to floating XTN basket index.", "beneficiaries": null, "lossBearers": "Legacy holders retain market exposure rather than proven $1 restitution.", "outcome": "February 2023 AMM adaptation; later governance changes.", "claimIds": [ "R3-C026", "R3-C028" ] } ], "sourceIds": [ "R3-S022", "R3-S023", "R3-S024", "R3-S025", "R3-S026", "R3-S027", "R3-S028", "R3-S029", "R3-S030" ], "claimIds": [ "R3-C021", "R3-C022", "R3-C023", "R3-C024", "R3-C025", "R3-C026", "R3-C027", "R3-C028", "R3-C029", "R3-C030", "R3-C042" ] }, { "id": "R3-P004", "name": "Basis Cash", "aliases": [ "BAC", "BAB", "BAS" ], "chains": [ "Ethereum" ], "eligibility": { "status": "included", "reason": "February 2021 project retrospective establishes launch about two months earlier.", "claimIds": [ "R3-C032" ] }, "researchDepth": "deep", "classification": [ "uncollateralized seigniorage shares", "voluntary contraction debt" ], "targetUnit": "USD", "lineage": [ { "relatedName": "Basis / Basecoin", "relationship": "Proposal ancestry; explicitly simplified by Basis Cash", "evidenceClaimIds": [ "R3-C043" ] } ], "deployments": [], "versions": [ { "id": "R3-P004-V1", "label": "Original conceptual model", "startDate": null, "endDate": null, "tokenRoles": "BAC dollar target; BAB bonds; BAS surplus seigniorage.", "backing": "Future BAC demand; not externally backed dollars.", "redemption": "BAB to BAC under expansion conditions; BAC has no promised BAS/dollar redemption.", "supplyPolicy": "Voluntary BAC burn into discounted bonds; expansion creates BAC.", "debtAndIncentives": "BAS incentives and BAB prospective recovery.", "oracle": "Historical detailed deployment unresolved.", "governanceAndAdmin": "Exact launch authority not verified.", "liquidityDependencies": "Markets to sell BAC and voluntary bond demand.", "claimIds": [ "R3-C031", "R3-C032", "R3-C043" ] }, { "id": "R3-P004-V2", "label": "Retrieved BIP-3/BIP-4-era source", "startDate": null, "endDate": null, "tokenRoles": "BAC/BAB/BAS with treasury and seigniorage proxy.", "backing": "Treasury BAC balance is own-token settlement budget.", "redemption": "BAB redemption requires above-ceiling price and sufficient BAC.", "supplyPolicy": "Below-par BAC burn; conversion-cap formula; above-ceiling expansion and split allocations.", "debtAndIncentives": "Debt cap formula references outstanding bonds; BIP-4 source reserves part of expansion and leaves seigniorage distributions.", "oracle": "Separate bond and seigniorage oracle references.", "governanceAndAdmin": "Operator can change feeds, curve, routing and migrate authority.", "liquidityDependencies": "Oracle pool depth plus BAB exit demand.", "claimIds": [ "R3-C033", "R3-C034" ] }, { "id": "R3-P004-V3", "label": "BAS V2 migration plan and delay", "startDate": null, "endDate": null, "tokenRoles": "BAS V2 migration distinct from unchanged BAC/BAB.", "backing": null, "redemption": null, "supplyPolicy": "Revised incentives proposed to restore peg.", "debtAndIncentives": null, "oracle": "Uniswap TWAP dependency stated by project.", "governanceAndAdmin": "Team migration schedule; execution not fully reconstructed.", "liquidityDependencies": "Proposed stableswap migration delayed.", "claimIds": [ "R3-C035" ] } ], "incidents": [ { "date": "2021-02-06", "versionId": "R3-P004-V3", "type": "peg stress and redesign", "summary": "Team sought return to peg and delayed liquidity migration.", "beneficiaries": "No realized beneficiaries established.", "lossBearers": "BAC/BAB holders and liquidity providers exposed to persistent weak demand.", "outcome": "V2 redesign documented; terminal status unverified.", "claimIds": [ "R3-C035", "R3-C036" ] } ], "sourceIds": [ "R3-S031", "R3-S032", "R3-S033", "R3-S034", "R3-S035" ], "claimIds": [ "R3-C031", "R3-C032", "R3-C033", "R3-C034", "R3-C035", "R3-C036", "R3-C043" ] }, { "id": "R3-P005", "name": "Empty Set Dollar / Empty Set", "aliases": [ "ESD", "ESDS", "ESS", "DSU" ], "chains": [ "Ethereum" ], "eligibility": { "status": "included", "reason": "V1 acknowledged by 2021 audit and migration.", "claimIds": [ "R3-C037" ] }, "researchDepth": "triaged", "classification": [ "V1 credit/seigniorage relative", "V2 reserve/stabilizer redesign" ], "targetUnit": "USD/USDC reference; final implementation details not fully reconstructed", "lineage": [], "deployments": [ { "chain": "Ethereum", "address": "0x36F3FD68E7325a35EB768F1AedaAe9EA0689d723", "verified": null, "sourceIds": [ "R3-S036" ] } ], "versions": [ { "id": "R3-P005-V1", "label": "V1, triaged", "startDate": null, "endDate": null, "tokenRoles": "ESD and coupon/deposit state; exact launch parameters unresolved.", "backing": "Not reconstructed from evolving master.", "redemption": "Coupon conditions not reconstructed; do not conflate with Beanstalk Pods.", "supplyPolicy": null, "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": null, "liquidityDependencies": null, "claimIds": [ "R3-C037" ] }, { "id": "R3-P005-V2", "label": "Audited V2 and August launch", "startDate": null, "endDate": null, "tokenRoles": "Audit: ESD/ESDS/sESD; release: ESS/DSU.", "backing": "Reserve/stabilizer architecture; no identical implementation asserted.", "redemption": "Audited migrator excludes coupons.", "supplyPolicy": null, "debtAndIncentives": null, "oracle": null, "governanceAndAdmin": "August announcement says Treasury multisig initiated migration.", "liquidityDependencies": null, "claimIds": [ "R3-C038" ] } ], "incidents": [], "sourceIds": [ "R3-S036", "R3-S037", "R3-S038" ], "claimIds": [ "R3-C037", "R3-C038" ] } ], "sources": [ { "id": "R3-S001", "url": "https://medium.com/terra-money/announcing-terrausd-ust-the-interchain-stablecoin-53eab0f8f0ac", "title": "Announcing TerraUSD", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2020-09-21", "eventDate": "2020-09-12", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Launch announcement, not genesis transaction; promotional adoption claims not accepted." }, { "id": "R3-S002", "url": "https://medium.com/terra-money/columbus-5-launches-welcome-to-the-future-of-terra-8a9ebfa570c5", "title": "Columbus-5 Launches", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2021-09-30", "eventDate": "2021-09-30", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "Columbus-5", "accessStatus": "retrieved", "limitations": "Project account of upgrade; economic benefits are forecasts." }, { "id": "R3-S003", "url": "https://classic-agora.terra.money/t/liquidity-parameters-2/1175", "title": "Liquidity Parameters - 2", "sourceType": "governance", "isPrimary": true, "publishedAt": "2021-05-21", "eventDate": "2021-05-21", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Jump Trading proposal; parameters proposed, not independently verified as executed." }, { "id": "R3-S004", "url": "https://classic-agora.terra.money/t/liquidity-parameters-3/3895", "title": "Liquidity Parameters - 3", "sourceType": "governance", "isPrimary": true, "publishedAt": "2022-01-29", "eventDate": "2022-01-29", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Capacity numbers are proposer simulations; thread includes disputed implementation status." }, { "id": "R3-S005", "url": "https://docs.anchorprotocol.com/anchor-2/protocol/anchor-governance/modify-market-parameters", "title": "Anchor: Modify Market Parameters", "sourceType": "documentation", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Undated surviving documentation; displayed rates are not a historical time series." }, { "id": "R3-S006", "url": "https://lfg.org/audit/LFG-Audit-2022-11-14.pdf", "title": "J.S. Held report on LFG and TFL peg defense", "sourceType": "audit", "isPrimary": true, "publishedAt": "2022-11-09", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "Report dated November 9; filename November 14", "accessStatus": "retrieved", "limitations": "Commissioned investigation; uses exchange API records as well as public transactions; not an audit of monetary solvency." }, { "id": "R3-S007", "url": "https://arxiv.org/html/2207.13914v3", "title": "Anatomy of a Stablecoin’s failure: the Terra-Luna case", "sourceType": "paper", "isPrimary": true, "publishedAt": "2022-09-25", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "arXiv:2207.13914v3", "accessStatus": "retrieved", "limitations": "Original quantitative research; narrative also cites secondary news. Coordinated-attack attribution remains disputed." }, { "id": "R3-S008", "url": "https://classic-agora.terra.money/t/terra-ecosystem-revival-plan-2-passed-gov/18498", "title": "Terra Ecosystem Revival Plan 2 [PASSED GOV]", "sourceType": "governance", "isPrimary": true, "publishedAt": "2022-05-16", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Living amended proposal; planned launch date is not proof of actual genesis." }, { "id": "R3-S009", "url": "https://www.terra.money/", "title": "Terraform Labs shutdown notice", "sourceType": "other", "isPrimary": true, "publishedAt": null, "eventDate": "2024-09-30", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Company wind-down does not establish shutdown of either blockchain." }, { "id": "R3-S010", "url": "https://medium.com/terra-money/terraform-labs-crypto-loss-claims-portal-launch-7e85e3222db7", "title": "Terraform Labs Crypto Loss Claims Portal Launch", "sourceType": "other", "isPrimary": true, "publishedAt": "2025-03-28", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Claims process announcement, not evidence of final recoveries." }, { "id": "R3-S011", "url": "https://docs.bean.money/developers/misc/upgrade-history", "title": "Beanstalk upgrade history", "sourceType": "documentation", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Project-maintained retrospective links transactions and commits; no replay performed." }, { "id": "R3-S012", "url": "https://github.com/BeanstalkFarms/Beanstalk/blob/ccce0fa18a83cc09f6a889c302b6e509230a486f/protocol/contracts/farm/facets/FieldFacet/Dibbler.sol", "title": "Beanstalk launch: Dibbler", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "ccce0fa18a83cc09f6a889c302b6e509230a486f", "accessStatus": "retrieved", "limitations": "Retrieved through codeload snapshot; source-to-deployed-bytecode equivalence not independently checked." }, { "id": "R3-S013", "url": "https://github.com/BeanstalkFarms/Beanstalk/blob/ccce0fa18a83cc09f6a889c302b6e509230a486f/protocol/contracts/farm/facets/SeasonFacet/Sun.sol", "title": "Beanstalk launch: Sun and adjacent Weather/Silo facets", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "ccce0fa18a83cc09f6a889c302b6e509230a486f", "accessStatus": "retrieved", "limitations": "Codeload source snapshot; linked Sun imports Weather; no deployment replay." }, { "id": "R3-S014", "url": "https://github.com/BeanstalkFarms/Beanstalk/blob/ccce0fa18a83cc09f6a889c302b6e509230a486f/protocol/contracts/farm/facets/OracleFacet.sol", "title": "Beanstalk launch: OracleFacet", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "ccce0fa18a83cc09f6a889c302b6e509230a486f", "accessStatus": "retrieved", "limitations": null }, { "id": "R3-S015", "url": "https://github.com/BeanstalkFarms/Beanstalk/blob/ccce0fa18a83cc09f6a889c302b6e509230a486f/protocol/contracts/farm/facets/GovernanceFacet/GovernanceFacet.sol", "title": "Beanstalk launch: GovernanceFacet", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "ccce0fa18a83cc09f6a889c302b6e509230a486f", "accessStatus": "retrieved", "limitations": "Launch code must not be equated with all exploit-date code." }, { "id": "R3-S016", "url": "https://bean.money/blog/beanstalk-governance-exploit", "title": "Beanstalk Governance Exploit", "sourceType": "postmortem", "isPrimary": true, "publishedAt": "2022-04-19", "eventDate": "2022-04-17", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "First-party loss estimate; no independent transaction replay." }, { "id": "R3-S017", "url": "https://github.com/BeanstalkFarms/Beanstalk-Governance-Proposals/blob/master/bip/bip-21-replant.md", "title": "BIP-21: Replant Beanstalk", "sourceType": "governance", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "BIP-21; mutable master", "accessStatus": "retrieved", "limitations": "Proposal plus retrospective upgrade history used for execution context." }, { "id": "R3-S018", "url": "https://docs.bean.money/almanac/disclosures", "title": "Beanstalk disclosures", "sourceType": "documentation", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Current evolving disclosures, including Arbitrum; not launch-era documentation." }, { "id": "R3-S019", "url": "https://bean.money/blog/thoughts-before-the-barn-raise", "title": "Thoughts Before the Barn Raise", "sourceType": "other", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Founders’ retrospective assessment, not proof of economic robustness." }, { "id": "R3-S020", "url": "https://github.com/BeanstalkFarms/Beanstalk-Governance-Proposals/blob/master/bip/bip-50-reseed-beanstalk.md", "title": "BIP-50: Reseed Beanstalk", "sourceType": "governance", "isPrimary": true, "publishedAt": "2024-10-01", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "BIP-50; status Passed", "accessStatus": "retrieved", "limitations": "Includes corrections to voted text; exact migration transaction not replayed." }, { "id": "R3-S021", "url": "https://github.com/BeanstalkFarms/Beanstalk/issues/1189", "title": "EBIP-23: AI Safety Precautions", "sourceType": "governance", "isPrimary": true, "publishedAt": "2026-08-24", "eventDate": "2026-08-23", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "Issue 1189", "accessStatus": "retrieved", "limitations": "Reports committed action; transaction and custody balances not independently verified." }, { "id": "R3-S022", "url": "https://medium.com/neutrinoteam/neutrino-protocol-celebrates-first-anniversary-394794c72f0d", "title": "Neutrino first anniversary", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2020-11-25", "eventDate": "2019-11-25", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Project launch anniversary; token issuance predates launch. Ported deployments not individually verified." }, { "id": "R3-S023", "url": "https://medium.com/neutrinoteam/moon-factor-activated-f05691a3465c", "title": "Moon Factor activated", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2021-01-15", "eventDate": "2021-01-15", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Formula partly rendered as image; precise curve not transcribed." }, { "id": "R3-S024", "url": "https://medium.com/neutrinoteam/usdn-vs-ust-understanding-the-differences-d58c950dd22", "title": "USDN vs UST: Understanding the Differences", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2022-06-17", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Retrospective and promotional. Claims of immunity to death spirals not adopted; 2022 access restrictions not backdated." }, { "id": "R3-S025", "url": "https://medium.com/neutrinoteam/what-is-surf-and-why-is-it-important-for-the-neutrino-ecosystem-8962c2230049", "title": "What is SURF?", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2022-08-08", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Describes SURF mechanics; illustrative balances are not observed measurements." }, { "id": "R3-S026", "url": "https://resources.cryptocompare.com/asset-management/1256/1698049445806.pdf", "title": "Neutrino 2.0 XTN Litepaper", "sourceType": "paper", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "Six-page Neutrino 2.0 litepaper; also present in project code archive", "accessStatus": "retrieved", "limitations": "Project-authored document on third-party host; publication and activation dates unknown." }, { "id": "R3-S027", "url": "https://medium.com/swop-fi/swop-fi-in-line-with-ecosystem-changes-81609fbcd15d", "title": "Swop.fi in line with ecosystem changes", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2023-02-01", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "First-party evidence of affected AMM response, not full XTN migration execution." }, { "id": "R3-S028", "url": "https://medium.com/neutrinoteam/why-xtn-is-not-actually-burned-fc4716390ae1", "title": "Why XTN is not actually burned?", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2023-07-20", "eventDate": "2019-11-22", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "Updated July 28, 2023", "accessStatus": "retrieved", "limitations": "Retrospective token issuance account; transaction link not independently replayed." }, { "id": "R3-S029", "url": "https://medium.com/@neutrinoteam/neutrino-governance-moving-forward-56b624613ebb", "title": "Neutrino Governance moving forward", "sourceType": "governance", "isPrimary": true, "publishedAt": "2023-10-03", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Transition schedule; individual execution steps not verified." }, { "id": "R3-S030", "url": "https://github.com/waves-exchange/neutrino-contract/blob/master/script/neutrino.ride", "title": "Neutrino Ride contract", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "retrieved master; SHA256 098a6dca3e5f8167642f8f3c7c90e7d04343ea2acdd9be4ef3f0830364e2d63c", "accessStatus": "retrieved", "limitations": "Includes basket mechanics; cannot establish 2020 deployed oracle/admin parameters." }, { "id": "R3-S031", "url": "https://github.com/Basis-Cash/basiscash-protocol", "title": "Basis Cash source repository", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "master retrieved via codeload", "accessStatus": "retrieved", "limitations": "README model and latest repository are not necessarily launch code." }, { "id": "R3-S032", "url": "https://github.com/Basis-Cash/basiscash-protocol/blob/master/contracts/treasury/Treasury.sol", "title": "Basis Cash Treasury implementation", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "SHA256 1049c2a79f6783bbf0cb7ae5a06548aeaddb94c7b4636859864e997698a5f9d9", "accessStatus": "retrieved", "limitations": "Retrieved master contains BIP-3/BIP-4 changes; deployment mapping unresolved." }, { "id": "R3-S033", "url": "https://github.com/Basis-Cash/basiscash-protocol/blob/master/contracts/treasury/TreasuryState.sol", "title": "Basis Cash TreasuryState authority", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "master via codeload", "accessStatus": "retrieved", "limitations": "Operator identity at each deployment not verified." }, { "id": "R3-S034", "url": "https://medium.com/basis-cash/basis-cash-v2-migration-plan-6bdd88198da2", "title": "Basis Cash V2 Migration Plan", "sourceType": "governance", "isPrimary": true, "publishedAt": "2021-02-02", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Plan establishes retrospective existence, not final deployment configuration." }, { "id": "R3-S035", "url": "https://medium.com/basis-cash/basis-v2-migration-plan-update-c83bee2ee2a2", "title": "Basis V2 Migration Plan Update", "sourceType": "governance", "isPrimary": true, "publishedAt": "2021-02-06", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Schedule and delay announcement." }, { "id": "R3-S036", "url": "https://github.com/emptysetsquad/dollar", "title": "Empty Set Dollar source and deployment register", "sourceType": "code", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "master via codeload", "accessStatus": "retrieved", "limitations": "Master evolved beyond first deployment; coupon remnants are not proof of launch parameters." }, { "id": "R3-S037", "url": "https://www.openzeppelin.com/news/empty-set-v2-audit", "title": "Empty Set V2 Audit", "sourceType": "audit", "isPrimary": true, "publishedAt": "2021-04-01", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": "bf9753ef9cd5b17236036257f290e0d0b850a029", "accessStatus": "retrieved", "limitations": "Audit explicitly excludes game theory and incentive design; naming differs from August release." }, { "id": "R3-S038", "url": "https://medium.com/emptysetdollar/empty-set-v2-live-migrate-now-2a6fceb55d08", "title": "Empty Set V2 Live", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2021-08-02", "eventDate": "2021-08-02", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "retrieved", "limitations": "Project launch announcement, no deployment replay." }, { "id": "R3-S039", "url": "https://www.terra.money/Terra_White_paper.pdf", "title": "Historical Terra whitepaper route", "sourceType": "paper", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "inaccessible", "limitations": "URL now returns shutdown HTML, not the requested paper." }, { "id": "R3-S040", "url": "https://docs.neutrino.at", "title": "Neutrino documentation route", "sourceType": "documentation", "isPrimary": true, "publishedAt": null, "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "inaccessible", "limitations": "Tool retrieval failed; not used for technical facts." }, { "id": "R3-S041", "url": "https://etherscan.io/tx/0x40b23cea3aa6e1a7dd89bbcd24c67f6fa1f6d663d7609f14046cd6cf50b6ce86", "title": "Beanstalk contract-creation transaction", "sourceType": "transaction", "isPrimary": true, "publishedAt": null, "eventDate": "2021-08-06", "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "inaccessible", "limitations": "403; transaction identifier comes from project upgrade history; not called independently verified." }, { "id": "R3-S042", "url": "https://medium.com/basis-cash/crypto-ama-with-spencer-noon-c61ef8ecb55", "title": "Basis Cash prelaunch AMA", "sourceType": "documentation", "isPrimary": true, "publishedAt": "2020-09-01", "eventDate": null, "retrievedAt": "2026-09-16T03:41:09.040263Z", "archiveUrl": null, "commitOrVersion": null, "accessStatus": "partial", "limitations": "Search returned substantial article text; direct open not performed; discovery/context only." } ], "claims": [ { "id": "R3-C001", "protocolId": "R3-P001", "versionId": "R3-P001-V1", "statement": "UST was announced in September 2020; the announcement identifies a September 12 Bittrex launch, establishing in-window activity.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S001" ], "evidenceLocator": "Title/subtitle and opening paragraph", "eventDate": "2020-09-12", "reasoning": null, "uncertainty": "Not an independently checked genesis date." }, { "id": "R3-C002", "protocolId": "R3-P001", "versionId": "R3-P001-V1", "statement": "Terra exchanged USD-denominated stablecoins against oracle-valued LUNA; before Columbus-5 seigniorage also funded community and oracle rewards.", "evidenceStatus": "fact", "sourceIds": [ "R3-S001", "R3-S002" ], "evidenceLocator": "Scalability; Burn All Seigniorage; Validator Rewards", "eventDate": null, "reasoning": null, "uncertainty": "Exact pre-upgrade allocations vary by parameters." }, { "id": "R3-C003", "protocolId": "R3-P001", "versionId": "R3-P001-V2", "statement": "Columbus-5 changed seigniorage to full burning and redirected swap fees to validators; it did not create external dollar backing.", "evidenceStatus": "fact", "sourceIds": [ "R3-S002" ], "evidenceLocator": "Burn All Seigniorage; Validator Rewards", "eventDate": "2021-09-30", "reasoning": null, "uncertainty": null }, { "id": "R3-C004", "protocolId": "R3-P001", "versionId": null, "statement": "Virtual pool size, recovery period and oracle lag constrained mint/burn throughput; 2021 proponents explicitly identified oracle manipulation paid for by LUNA holders.", "evidenceStatus": "fact", "sourceIds": [ "R3-S003", "R3-S004" ], "evidenceLocator": "Proposal 2 attack sequence and summary; Proposal 3 liquidity estimates", "eventDate": null, "reasoning": "These are documented dependencies; proposed numbers are not asserted as executed parameters.", "uncertainty": null }, { "id": "R3-C005", "protocolId": "R3-P001", "versionId": "R3-P001-V2", "statement": "Anchor documented borrower incentives and direct deposit-rate subsidy from a finite yield reserve; displayed target/threshold rates were 20.5%/19.5%.", "evidenceStatus": "fact", "sourceIds": [ "R3-S005" ], "evidenceLocator": "Parameter definitions and values", "eventDate": null, "reasoning": null, "uncertainty": "Undated page cannot establish rate at every 2021 block." }, { "id": "R3-C006", "protocolId": "R3-P001", "versionId": "R3-P001-V3", "statement": "May 2022 peg-defense purchases used LFG/TFL resources but did not restore durable parity; quantitative research documents collapse of UST and LUNA.", "evidenceStatus": "fact", "sourceIds": [ "R3-S006", "R3-S007" ], "evidenceLocator": "JSH Executive Summary and purchases chronology; paper sections 1 and 2", "eventDate": "2022-05", "reasoning": null, "uncertainty": "JSH was commissioned; attack authorship and motives not established." }, { "id": "R3-C007", "protocolId": "R3-P001", "versionId": "R3-P001-V3", "statement": "UST contraction issued LUNA into falling demand, diluting existing holders and requiring more LUNA units per dollar; liquidity defense could not itself restore an independent redemption asset.", "evidenceStatus": "inference", "sourceIds": [ "R3-S002", "R3-S006", "R3-S007" ], "evidenceLocator": "Burn/contraction mechanism; May chronology", "eventDate": null, "reasoning": "Combines issuance rule with observed joint price collapse; not a claim that LUNA market capitalization was spendable collateral.", "uncertainty": null }, { "id": "R3-C008", "protocolId": "R3-P001", "versionId": "R3-P001-V4", "statement": "The passed revival plan specified a new chain without the algorithmic stablecoin and snapshot-based LUNA allocation; this was not redemption of old UST at one dollar.", "evidenceStatus": "fact", "sourceIds": [ "R3-S008" ], "evidenceLocator": "Summary; Token Distribution; Technical details", "eventDate": "2022-05-16", "reasoning": null, "uncertainty": "Genesis execution date not independently checked." }, { "id": "R3-C009", "protocolId": "R3-P001", "versionId": "R3-P001-V4", "statement": "TFL reports wind-down from September 30, 2024 and announced a crypto loss claims portal on March 28, 2025.", "evidenceStatus": "fact", "sourceIds": [ "R3-S009", "R3-S010" ], "evidenceLocator": "Shutdown banner; claims announcement", "eventDate": "2025-03-28", "reasoning": null, "uncertainty": "No final distributions verified; corporate wind-down is not chain termination." }, { "id": "R3-C010", "protocolId": "R3-P002", "versionId": "R3-P002-V1", "statement": "Beanstalk launch history identifies August 6, 2021 deployment at block 12974075 and launch commit ccce0fa18a83cc09f6a889c302b6e509230a486f.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S011" ], "evidenceLocator": "First two upgrade-history rows", "eventDate": "2021-08-06", "reasoning": null, "uncertainty": "Explorer request returned 403." }, { "id": "R3-C011", "protocolId": "R3-P002", "versionId": "R3-P002-V1", "statement": "At launch, sowing burned Beans up to available Soil and recorded Pods at principal plus Weather yield; Pods were indexed claims on future Beans rather than dollar collateral.", "evidenceStatus": "fact", "sourceIds": [ "R3-S012", "R3-S013" ], "evidenceLocator": "Dibbler _sowBeans, sowPlot, beansToPods; Sun growSupply", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C012", "protocolId": "R3-P002", "versionId": "R3-P002-V1", "statement": "Launch supply policy used pool reserve imbalance; contraction offered Soil while expansion allocated new Beans to harvestable debt and the Silo. Weather reacted to debt ratios and demand.", "evidenceStatus": "fact", "sourceIds": [ "R3-S013" ], "evidenceLocator": "Sun stepSun, shrinkSupply, growSupply; imported Weather calcCaseId", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C013", "protocolId": "R3-P002", "versionId": "R3-P002-V1", "statement": "Launch oracle compared Uniswap BEAN/ETH and USDC/ETH cumulative prices; external dollar-token and pool liquidity dependencies remained despite no collateral redemption.", "evidenceStatus": "fact", "sourceIds": [ "R3-S014" ], "evidenceLocator": "OracleFacet updatePrice and capture", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C014", "protocolId": "R3-P002", "versionId": "R3-P002-V1", "statement": "Stalk-based governance could execute diamond cuts through ordinary and emergency commit paths; owner pause functions existed in launch code.", "evidenceStatus": "fact", "sourceIds": [ "R3-S015" ], "evidenceLocator": "commit, emergencyCommit, ownerPause, ownerUnpause; imported VotingBooth", "eventDate": null, "reasoning": null, "uncertainty": "This snapshot is not a reconstruction of every April 2022 facet." }, { "id": "R3-C015", "protocolId": "R3-P002", "versionId": "R3-P002-V2", "statement": "A flash-loan governance exploit on April 17, 2022 stole approximately $77 million of non-Bean assets from liquidity pools; governance was disabled and Beanstalk paused.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S016", "R3-S011" ], "evidenceLocator": "Postmortem opening and response; upgrade history April 17 rows", "eventDate": "2022-04-17", "reasoning": null, "uncertainty": null }, { "id": "R3-C016", "protocolId": "R3-P002", "versionId": "R3-P002-V2", "statement": "The observed attack establishes governance/custody failure, not a demonstrated endogenous-token redemption insolvency or proof that the monetary model was robust.", "evidenceStatus": "inference", "sourceIds": [ "R3-S012", "R3-S016", "R3-S018", "R3-S019" ], "evidenceLocator": "Credit facility; exploit; disclosures; founder retrospective", "eventDate": null, "reasoning": "BEAN did not promise conversion into Stalk or dollars. Theft removed market liquidity independently of voluntary credit dynamics.", "uncertainty": null }, { "id": "R3-C017", "protocolId": "R3-P002", "versionId": "R3-P002-V3", "statement": "Replant introduced replacement Bean and Unripe assets and recapitalization through Fertilizer; the planned unpause was August 6, 2022. Later disclosures confirm Replant and 5-of-9 multisig governance.", "evidenceStatus": "fact", "sourceIds": [ "R3-S017", "R3-S018" ], "evidenceLocator": "BIP-21 Proposed Solution and Effective; disclosures 1 and 3", "eventDate": "2022-08-06", "reasoning": null, "uncertainty": "Recovery is conditional recapitalization, not evidence of full restitution." }, { "id": "R3-C018", "protocolId": "R3-P002", "versionId": "R3-P002-V3", "statement": "Beanstalk explicitly warns that loss of willing creditors can defeat peg restoration; historical peg crossings do not guarantee future crossings.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S018" ], "evidenceLocator": "Disclosures 4 and 5", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C019", "protocolId": "R3-P002", "versionId": "R3-P002-V4", "statement": "BIP-50, proposed October 1, 2024 and marked passed, migrated the protocol toward Arbitrum; current disclosures identify successive obsolete Ethereum Bean tokens and current Arbitrum Bean.", "evidenceStatus": "fact", "sourceIds": [ "R3-S020", "R3-S018" ], "evidenceLocator": "BIP-50 Summary and status; disclosures 1", "eventDate": null, "reasoning": null, "uncertainty": "Exact migration block not checked." }, { "id": "R3-C020", "protocolId": "R3-P002", "versionId": "R3-P002-V5", "statement": "EBIP-23 reports an August 23, 2026 withdrawal of 90% of BEAN:wstETH Well liquidity to a 2-of-3 multisig and asynchronous request-for-fill handling, leaving a local LP-token shortfall.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S021" ], "evidenceLocator": "Committed date; Solution; Less Liquidity; LP Token Shortage", "eventDate": "2026-08-23", "reasoning": null, "uncertainty": "Balances, execution transactions and subsequent fills not checked." }, { "id": "R3-C021", "protocolId": "R3-P003", "versionId": "R3-P003-V1", "statement": "Neutrino’s November 25, 2020 anniversary documents a 2019 launch and 2020 USDN activity with WAVES collateral and NSBT reserve/governance roles.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S022" ], "evidenceLocator": "Opening; three initial elements", "eventDate": "2020-11-25", "reasoning": null, "uncertainty": null }, { "id": "R3-C022", "protocolId": "R3-P003", "versionId": "R3-P003-V1", "statement": "USDN held WAVES rather than burning it; redemption consumed finite reserves. Initial NSBT recapitalization sold claims to attract WAVES when backing deteriorated.", "evidenceStatus": "fact", "sourceIds": [ "R3-S022", "R3-S024" ], "evidenceLocator": "Initial setup and USDN Recapitalization Measures", "eventDate": null, "reasoning": null, "uncertainty": "Detailed 2020 redemption delays, fees and admin keys not verified." }, { "id": "R3-C023", "protocolId": "R3-P003", "versionId": "R3-P003-V2", "statement": "Moon Factor activated January 15, 2021, capped NSBT supply at 2,835,689, changed its issue curve, and removed auction functions including sellBond.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S023" ], "evidenceLocator": "Implementation date; maximum supply; auction contract changes", "eventDate": "2021-01-15", "reasoning": null, "uncertainty": null }, { "id": "R3-C024", "protocolId": "R3-P003", "versionId": "R3-P003-V3", "statement": "By June 2022 the project reported 95% of NSBT issued and inadequate remaining recapitalization capacity; gNSBT staking controlled daily swap limits.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S024" ], "evidenceLocator": "How USDN Works points 1–2; Recapitalization Measures", "eventDate": "2022-06-17", "reasoning": null, "uncertainty": null }, { "id": "R3-C025", "protocolId": "R3-P003", "versionId": "R3-P003-V3", "statement": "SURF offered discounted recapitalization exposure and gNSBT benefits, with conversion into USDN triggered at 115% backing and staged repayment that reduced backing toward 105%.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S025" ], "evidenceLocator": "How automatic conversion works; staking benefits", "eventDate": "2022-08-08", "reasoning": null, "uncertainty": "Examples are hypothetical, not historical reserve measurements." }, { "id": "R3-C026", "protocolId": "R3-P003", "versionId": "R3-P003-V4", "statement": "XTN redesign abandoned the hard USD peg for a governance-selected basket and reserve-value-per-circulating-token target; Swop.fi acknowledged the changed target in February 2023.", "evidenceStatus": "fact", "sourceIds": [ "R3-S026", "R3-S027" ], "evidenceLocator": "Litepaper XTN Price and Multi-collateral; Swop.fi replacing Flat pools", "eventDate": "2023-02-01", "reasoning": null, "uncertainty": "Precise rename and basket deployment dates not established." }, { "id": "R3-C027", "protocolId": "R3-P003", "versionId": "R3-P003-V4", "statement": "The project says USDN/XTN was preissued on November 22, 2019; routine issue/burn meant releasing or relocking tokens, not literal minting/burning. The July 28 update clarifies ordinary token burns are possible.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S028" ], "evidenceLocator": "History of XTN creation; July 28 update", "eventDate": "2023-07-28", "reasoning": null, "uncertainty": null }, { "id": "R3-C028", "protocolId": "R3-P003", "versionId": "R3-P003-V5", "statement": "October 2023 governance documentation scheduled a move to Power DAO, including transfer of remaining NSBT issuance inventory and new governance incentives.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S029" ], "evidenceLocator": "Transition process", "eventDate": "2023-10-03", "reasoning": null, "uncertainty": "Scheduled steps not independently verified as executed." }, { "id": "R3-C029", "protocolId": "R3-P003", "versionId": "R3-P003-V4", "statement": "Retrieved Neutrino code contains control-contract price history, blocked-state checks and delayed swap accounting; these show dependencies but do not fix 2020 parameters.", "evidenceStatus": "fact", "sourceIds": [ "R3-S030" ], "evidenceLocator": "PriceKey; getPriceHistory; emergencyShutdownFAIL; balanceLockIntervalREAD", "eventDate": null, "reasoning": null, "uncertainty": "Mutable master includes XTN basket changes." }, { "id": "R3-C030", "protocolId": "R3-P003", "versionId": null, "statement": "Finite WAVES collateral avoids unlimited WAVES minting on redemption but cannot ensure dollar solvency: a WAVES price fall reduces reserve value, while access limits ration exit and recapitalization depends on new risk capital.", "evidenceStatus": "inference", "sourceIds": [ "R3-S022", "R3-S023", "R3-S024", "R3-S025", "R3-S026" ], "evidenceLocator": "Reserve, capacity and redesign evidence", "eventDate": null, "reasoning": "Separates an existing asset pool from independent external backing; cap and market price impose different limits.", "uncertainty": null }, { "id": "R3-C031", "protocolId": "R3-P004", "versionId": "R3-P004-V1", "statement": "Basis Cash used BAC as the USD target token, BAB as contraction debt and BAS as a seigniorage claim; BAS was not a promised dollar-redemption asset.", "evidenceStatus": "fact", "sourceIds": [ "R3-S031" ], "evidenceLocator": "Three-token system and Stability Mechanism", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C032", "protocolId": "R3-P004", "versionId": "R3-P004-V1", "statement": "The February 2, 2021 V2 announcement says Basis Cash launched two months earlier, establishing 2020–2021 eligibility without proving an exact launch day.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S034" ], "evidenceLocator": "Opening retrospective", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C033", "protocolId": "R3-P004", "versionId": "R3-P004-V2", "statement": "Retrieved Treasury code burns BAC to issue BAB below parity, checks a bond-cap formula, and allows redemption only above a dynamic ceiling and within treasury BAC balance.", "evidenceStatus": "fact", "sourceIds": [ "R3-S032" ], "evidenceLocator": "buyBonds; _updateConversionLimit; redeemBonds", "eventDate": null, "reasoning": null, "uncertainty": "Later source revision; exact historical deployment binding unknown." }, { "id": "R3-C034", "protocolId": "R3-P004", "versionId": "R3-P004-V2", "statement": "TreasuryState permits operator changes to oracles, ceiling curve and seigniorage routing and migration of token authority.", "evidenceStatus": "fact", "sourceIds": [ "R3-S033" ], "evidenceLocator": "setBondOracle; setCeilingCurve; setSeigniorageProxy; migrate", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C035", "protocolId": "R3-P004", "versionId": "R3-P004-V3", "statement": "February 2021 V2 plans sought a return to peg and migrated BAS; a February 6 update delayed BAC liquidity migration after the Yearn/3crv incident and identified Uniswap TWAP dependence.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S034", "R3-S035" ], "evidenceLocator": "Opening; migration schedule; delay rationale", "eventDate": "2021-02-06", "reasoning": null, "uncertainty": "Does not establish ultimate peg recovery, shutdown or a Basis-specific exploit." }, { "id": "R3-C036", "protocolId": "R3-P004", "versionId": null, "statement": "Treasury BAC is capacity to settle BAB in BAC, not an independent dollar reserve; if expected expansion disappears, voluntary bond purchases can stop and supply contraction can stall.", "evidenceStatus": "inference", "sourceIds": [ "R3-S031", "R3-S032", "R3-S035" ], "evidenceLocator": "Debt and treasury implementation", "eventDate": null, "reasoning": "Debt issuance requires a buyer and redemption requires future above-ceiling conditions; no guaranteed fiat realization follows.", "uncertainty": null }, { "id": "R3-C037", "protocolId": "R3-P005", "versionId": "R3-P005-V1", "statement": "The ESD repository records Ethereum mainnet DAO/token/oracle addresses; the 2021 V2 audit and migration announcement establish an earlier V1 and in-window activity.", "evidenceStatus": "fact", "sourceIds": [ "R3-S036", "R3-S037", "R3-S038" ], "evidenceLocator": "README contracts; audit introduction; V2 launch", "eventDate": null, "reasoning": null, "uncertainty": "V1 deployment day and bytecode equivalence not checked." }, { "id": "R3-C038", "protocolId": "R3-P005", "versionId": "R3-P005-V2", "statement": "The audited Empty Set V2 separates monetary and governance tokens with reserve/stabilizer components; coupons were not included by the audited migrator. August launch used ESS and DSU naming.", "evidenceStatus": "fact", "sourceIds": [ "R3-S037", "R3-S038" ], "evidenceLocator": "Project overview; Migrator; launch Migration and Liquidity Bootstrapping", "eventDate": null, "reasoning": null, "uncertainty": "April audit names ESD/ESDS/sESD; do not silently equate it to final DSU implementation." }, { "id": "R3-C039", "protocolId": null, "versionId": null, "statement": "Monetary redemption, AMM exit, deposit withdrawal and administrative recovery are different claims on assets; the cases do not justify treating TVL or equity market capitalization as independent dollar backing.", "evidenceStatus": "inference", "sourceIds": [ "R3-S002", "R3-S012", "R3-S016", "R3-S024", "R3-S026", "R3-S032" ], "evidenceLocator": "Cross-case synthesis", "eventDate": null, "reasoning": "Different assets, priorities and bottlenecks appear in each verified mechanism.", "uncertainty": null }, { "id": "R3-C040", "protocolId": null, "versionId": null, "statement": "Capacity limits, oracle quality, debt priority and governance powers must be assessed jointly; limits can reduce immediate drain while prolonging or rationing exit.", "evidenceStatus": "inference", "sourceIds": [ "R3-S003", "R3-S012", "R3-S015", "R3-S021", "R3-S024", "R3-S032" ], "evidenceLocator": "Cross-case synthesis", "eventDate": null, "reasoning": "Historical mechanisms support a constraint, not a tested counterfactual cure.", "uncertainty": null }, { "id": "R3-C041", "protocolId": "R3-P001", "versionId": "R3-P001-V1", "statement": "Terra’s 2020 announcement distinguishes USD-pegged UST from KRW and MNT relatives; these relatives must not be counted as separate USD pegs.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S001" ], "evidenceLocator": "TerraUSD is proven", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C042", "protocolId": "R3-P003", "versionId": "R3-P003-V1", "statement": "The 2020 anniversary describes DeFo national-currency assets and WAVES-derived staking yield; these are adjacent non-USD assets, not additional verified dollar stablecoins.", "evidenceStatus": "project_claim", "sourceIds": [ "R3-S022" ], "evidenceLocator": "DeFo and staking paragraphs", "eventDate": null, "reasoning": null, "uncertainty": null }, { "id": "R3-C043", "protocolId": "R3-P004", "versionId": "R3-P004-V1", "statement": "Basis Cash explicitly describes itself as a simplified implementation of the earlier Basis proposal; ancestry is not evidence that original Basis operated in the scope window.", "evidenceStatus": "fact", "sourceIds": [ "R3-S031" ], "evidenceLocator": "History of Basis; differences", "eventDate": null, "reasoning": null, "uncertainty": null } ], "searchLog": [ { "id": "R3-L001", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "Terra Columbus 5 seigniorage burn Columbus 4 treasury whitepaper; Beanstalk whitepaper April 2022 governance exploit replant; Neutrino USDN whitepaper 2020 2021 SURF XTN transformation", "chainOrFamily": "seed discovery", "sourceIds": [ "R3-S002", "R3-S016", "R3-S018", "R3-S039" ], "candidateNames": [ "Terra", "Beanstalk", "Neutrino" ], "result": "Seed mechanisms and upgrade/recovery leads located.", "limitations": "Search snippet alone not accepted as retrieved primary evidence." }, { "id": "R3-L002", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "site:docs.neutrino.at USDN NSBT; site:neutrino.at 2020 whitepaper; site:emptyset.finance documentation debt coupons; site:docs.basis.cash mechanism bonds", "chainOrFamily": "discovery", "sourceIds": [], "candidateNames": [ "USDN", "ESD", "Basis Cash" ], "result": "No search results returned.", "limitations": "Does not imply protocols or documents absent." }, { "id": "R3-L003", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "GitHub repository routes and codeload master: waves-exchange/neutrino-contract, Basis-Cash/basiscash-protocol, emptysetsquad/dollar, BeanstalkFarms/Beanstalk", "chainOrFamily": "code", "sourceIds": [ "R3-S030", "R3-S031", "R3-S032", "R3-S033", "R3-S036" ], "candidateNames": [ "USDN", "Basis Cash", "ESD", "Beanstalk" ], "result": "Source archives retrieved to scratch and selected files inspected.", "limitations": "GitHub commits API until 2021-12-31 returned 403 rate limit for all five attempted repositories; master not historical proof." }, { "id": "R3-L004", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "Historical Terra whitepaper URL; terra-money/core and classic-terra/core v0.5.0 market/spec/README.md; v0.4.6 treasury/spec/README.md", "chainOrFamily": "Terra", "sourceIds": [ "R3-S039", "R3-S003", "R3-S004" ], "candidateNames": [ "UST" ], "result": "Whitepaper route replaced by shutdown HTML; code paths failed/404; governance primary records retrieved instead.", "limitations": "No historical Terra release successfully pinned." }, { "id": "R3-L005", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "Beanstalk upgrade history → ccce0fa18a83cc09f6a889c302b6e509230a486f codeload; contract creation Etherscan route", "chainOrFamily": "Beanstalk", "sourceIds": [ "R3-S011", "R3-S012", "R3-S013", "R3-S014", "R3-S015", "R3-S041" ], "candidateNames": [ "BEAN" ], "result": "Launch code inspected; explorer returned 403.", "limitations": "Project linkage not independently bytecode-verified." }, { "id": "R3-L006", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "site:medium.com/neutrinoteam Moon Factor, SURF, XTN; first anniversary; USDN vs UST; linked Power DAO article", "chainOrFamily": "Neutrino", "sourceIds": [ "R3-S022", "R3-S023", "R3-S024", "R3-S025", "R3-S026", "R3-S027", "R3-S028", "R3-S029" ], "candidateNames": [ "USDN", "XTN", "DeFo", "EAST" ], "result": "Version changes and loss of USD peg documented.", "limitations": "Exact transaction activation and later state not independently measured." }, { "id": "R3-L007", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "site:medium.com/basis-cash launch 2020; 2021 Update; Empty Set Dollar 2021 Empty Set Finance ESDS USDC migration", "chainOrFamily": "contrasts", "sourceIds": [ "R3-S031", "R3-S034", "R3-S035", "R3-S036", "R3-S037", "R3-S038", "R3-S042" ], "candidateNames": [ "Basis Cash", "Empty Set Dollar", "Mithril Cash", "Basis Dollar", "Basis Gold", "BASE" ], "result": "Selected Basis Cash for fourth deep case, ESD for triage; additional launch leads retained in queue.", "limitations": "No additional contrast promoted without deployment work." }, { "id": "R3-L008", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "site:bean.money 2025 2026 Beanstalk shutdown Pinto; Beanstalk BIP 50 Reseed Arbitrum; Beanstalk 2026 protocol", "chainOrFamily": "later outcomes", "sourceIds": [ "R3-S018", "R3-S020", "R3-S021" ], "candidateNames": [ "Beanstalk", "Pinto" ], "result": "BIP-50 and August 2026 EBIP-23 retrieved.", "limitations": "Pinto relationship not established; search also returned unrelated AWS/gaming results." }, { "id": "R3-L009", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "Neutrino XTN 2025 protocol; Basis Cash 2025 shutdown; Terra wind-down site and linked claims portal", "chainOrFamily": "later outcomes", "sourceIds": [ "R3-S009", "R3-S010", "R3-S029" ], "candidateNames": [ "XTN", "Basis Cash", "Terra" ], "result": "Terra wind-down and claims announcement retrieved; no conclusive recent Neutrino/Basis shutdown primary source.", "limitations": "Ignored unrelated and unauthenticated airdrop results; no terminal-status inference." }, { "id": "R3-L010", "searchedAt": "2026-09-16T03:41:09.040263Z", "queryOrRoute": "Terra revival plan; LFG audit; UST collapse market capacity; arXiv 2207.13914v3", "chainOrFamily": "Terra aftermath", "sourceIds": [ "R3-S006", "R3-S007", "R3-S008" ], "candidateNames": [ "UST", "LUNA" ], "result": "Commissioned forensic report, original empirical paper and governance redesign compared.", "limitations": "No attribution of a coordinated attacker; no full chain replay." } ], "exclusions": [ { "id": "R3-X001", "name": "Original Basis / Basecoin", "reason": "Proposal ancestry, not included as a deployed 2020–2021 case.", "sourceIds": [ "R3-S031" ], "claimIds": [ "R3-C043" ] }, { "id": "R3-X002", "name": "TerraKRW / TerraMNT and DeFo non-USD assets", "reason": "Adjacent denominations retained as family context; not additional USD-pegged cases.", "sourceIds": [ "R3-S001", "R3-S022" ], "claimIds": [ "R3-C041", "R3-C042" ] }, { "id": "R3-X003", "name": "XTN and new-chain LUNA as independent 2020–2021 launches", "reason": "Retained only as subsequent transformations, not separate eligible dollar-stablecoin launches.", "sourceIds": [ "R3-S008", "R3-S026" ], "claimIds": [ "R3-C008", "R3-C026" ] } ], "uncertainties": [ { "id": "R3-U001", "protocolId": "R3-P001", "question": "Exact block-by-block market capacity and seigniorage before/after Columbus?", "whyUnresolved": "Historical code URLs failed; proposal execution was not replayed.", "nextEvidenceNeeded": "Archived release tags, governance results and state at chosen blocks.", "priority": "high" }, { "id": "R3-U002", "protocolId": "R3-P001", "question": "Final compensation, legacy swap status and new-chain launch verification?", "whyUnresolved": "Retrieved wind-down and claims announcements are not settlement records.", "nextEvidenceNeeded": "Genesis/state evidence and administrator distribution records through asOfUtc.", "priority": "high" }, { "id": "R3-U003", "protocolId": "R3-P002", "question": "Full 2021-to-April-2022 facet and oracle changes?", "whyUnresolved": "Launch commit pinned; intervening changes only partially traced.", "nextEvidenceNeeded": "BIP commits and transaction replay including exploit-date facets.", "priority": "high" }, { "id": "R3-U004", "protocolId": "R3-P002", "question": "Actual total Barn Raise recovery and August 2026 RFF custody/fulfillment?", "whyUnresolved": "Announcements do not prove current balances or full restitution.", "nextEvidenceNeeded": "Recovery ledger, Safe execution transactions and fill history.", "priority": "high" }, { "id": "R3-U005", "protocolId": "R3-P003", "question": "Historical oracle signers, admin upgrade thresholds, delayed swaps and bridge rights?", "whyUnresolved": "Current Ride code is post-transformation; old docs unavailable.", "nextEvidenceNeeded": "Dated Ride scripts and account data from 2020/2021 Waves blocks.", "priority": "high" }, { "id": "R3-U006", "protocolId": "R3-P003", "question": "Precise USDN depeg path, XTN activation, Power DAO execution and later status?", "whyUnresolved": "Project admits failure but no independent full price/reserve or execution time series retrieved; 2025/2026 searches inconclusive.", "nextEvidenceNeeded": "Waves transactions, reserve snapshots, archived 2022 governance and subsequent execution logs.", "priority": "high" }, { "id": "R3-U007", "protocolId": "R3-P004", "question": "Which Treasury revision was deployed, and did V2 recover or ultimately cease?", "whyUnresolved": "Master code differs from README; no complete later primary history.", "nextEvidenceNeeded": "Verified deployed bytecode and historical authority/price/issuance series.", "priority": "high" }, { "id": "R3-U008", "protocolId": "R3-P005", "question": "V1 coupon expiration/debt caps and final V2 deployment/successor outcomes?", "whyUnresolved": "Triaged second contrast; audit and release names differ.", "nextEvidenceNeeded": "Pinned V1 code and final DSU/ESS deployment mapping.", "priority": "medium" }, { "id": "R3-U009", "protocolId": null, "question": "Discovered relatives not investigated: DSD, TSD, Mithril Cash, Basis Dollar, Basis Gold, EAST, DeFo individual assets and BASE?", "whyUnresolved": "At most two contrasts retained; discovery stopped before verifying each deployment.", "nextEvidenceNeeded": "Dated primary launch sources, contracts and target definitions.", "priority": "medium" }, { "id": "R3-U010", "protocolId": null, "question": "Any major 2025–2026 events missed outside Beanstalk?", "whyUnresolved": "Targeted recent-event searches incomplete; no absence-of-events inference justified.", "nextEvidenceNeeded": "Protocol governance/explorer histories through retrieval date.", "priority": "high" } ] }