Stablecoin event

ESD loses durable peg relevance and is superseded

Empty Set Dollar did not maintain durable dollar stability, while later Empty Set architecture moved beyond the original ESD design.

ImpactCritical
Detail kindTermination
Sources0

Empty Set Dollar

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Empty Set Squad

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Event details
Date
Event typePeg Failure and Protocol Supersession
Event detail kindTermination
Stablecoin subjectsEmpty Set Dollar
Organization subjectsEmpty Set Squad
ImpactCritical
Effect on stablecoin statusFailed
Recovery / reversalNot applicable / unresolved
Recovery date
Cause or mechanismPublic information is incomplete.
Record confidenceMedium
Sources
SourcePublisherTypeEvidence scope
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