The community governance vote on the proposed protocol resumption plan is now live. If passed, minting, redemptions, and core protocol functions will be restored under an updated reserve framework. Eligible users may also qualify for a recovery allocation based on their holdings at the time of the pause.
Built on three core principles: Composable, market-neutral, and institutional grade.
Core smart contracts and major upgrades are reviewed by independent security experts prior to deployment, with major updates typically undergoing external audits.
Onchain activity and integrations are continuously monitored using advanced threat detection systems. Abnormal behavior is identified and routed through defined escalation paths to support rapid response and operational oversight.
Custody and settlement conducted through institutional-grade custodians, with operational keys and sensitive actions governed by policy-based approvals, strict access controls, and comprehensive audit trails aligned with institutional best practices.
Positions are structured to minimize directional exposure. Hedging, funding, and basis strategies are governed by defined risk limits so protocol performance does not depend on market direction.
Security extends beyond code to operational practices. APIs, deployments, secrets, and access management are subject to regular reviews, independent assessments, and ongoing testing intended to help keep controls effective.
Access market-neutral yield strategies onchain.