[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@idobn](/creator/twitter/idobn) "For XX minutes PayPal's PYUSD Issued by Paxos would not have been GENIUS-compliant. Yesterday Paxos one of the most trusted and compliant players in the space accidentally minted $XXX trillion PYUSD. The total supply onchain was greater than the worlds GDP. It was a single administrative error that exposed how easily one anomaly can affect DeFi core systems including stablecoin issuance collateral ratios oracles and liquidation logic across the ecosystem" [X Link](https://x.com/idobn/status/1978921700994515303) [@idobn](/creator/x/idobn) 2025-10-16T20:31Z XXX followers, 4502 engagements "For a stablecoin issuer that means no mint burn or supply adjustment reaches mainnet until it passes Cosigners policy and simulation checks. - Function gating: Only approved functions from authorized processes can execute. - Rate limits: Hard caps prevent any mint or burn from exceeding predefined thresholds. - Simulation: Every transaction runs off chain to reveal how balances and supply would change before execution. - Cosigning: Transactions cannot broadcast without Cosigners explicit approval. - Audit trail: Any manual override is logged and reviewable" [X Link](https://x.com/idobn/status/1978921707697061908) [@idobn](/creator/x/idobn) 2025-10-16T20:31Z XXX followers, XXX engagements "DeFi lending protocols like Aave and Compound run on a delicate balance of collateral ratios oracle accuracy and liquidation mechanics. When stablecoin issuers make mistakes those effects ripple into lending markets that rely on their assets as collateral" [X Link](https://x.com/idobn/status/1978921709215306051) [@idobn](/creator/x/idobn) 2025-10-16T20:31Z XXX followers, XXX engagements "Heres how it could have unraveled if Aave hadnt paused PYUSD markets immediately: - Collateral distortion: A sudden 300-trillion-token supply makes holders look over-collateralized letting them borrow against phantom liquidity. - Mass liquidations: When markets reprice PYUSD below $X those same positions flip under-collateralized triggering automatic liquidations and unrecoverable bad debt. - Oracle disruption: Chainlink or Pyth feeds could lag desync or halt as liquidity and prices collapse breaking every health factor tied to them. - Ecosystem contagion: PYUSD liquidity flows through DEXs" [X Link](https://x.com/idobn/status/1978921710867939706) [@idobn](/creator/x/idobn) 2025-10-16T20:31Z XXX followers, XXX engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@idobn
"For XX minutes PayPal's PYUSD Issued by Paxos would not have been GENIUS-compliant. Yesterday Paxos one of the most trusted and compliant players in the space accidentally minted $XXX trillion PYUSD. The total supply onchain was greater than the worlds GDP. It was a single administrative error that exposed how easily one anomaly can affect DeFi core systems including stablecoin issuance collateral ratios oracles and liquidation logic across the ecosystem"
X Link @idobn 2025-10-16T20:31Z XXX followers, 4502 engagements
"For a stablecoin issuer that means no mint burn or supply adjustment reaches mainnet until it passes Cosigners policy and simulation checks. - Function gating: Only approved functions from authorized processes can execute. - Rate limits: Hard caps prevent any mint or burn from exceeding predefined thresholds. - Simulation: Every transaction runs off chain to reveal how balances and supply would change before execution. - Cosigning: Transactions cannot broadcast without Cosigners explicit approval. - Audit trail: Any manual override is logged and reviewable"
X Link @idobn 2025-10-16T20:31Z XXX followers, XXX engagements
"DeFi lending protocols like Aave and Compound run on a delicate balance of collateral ratios oracle accuracy and liquidation mechanics. When stablecoin issuers make mistakes those effects ripple into lending markets that rely on their assets as collateral"
X Link @idobn 2025-10-16T20:31Z XXX followers, XXX engagements
"Heres how it could have unraveled if Aave hadnt paused PYUSD markets immediately: - Collateral distortion: A sudden 300-trillion-token supply makes holders look over-collateralized letting them borrow against phantom liquidity. - Mass liquidations: When markets reprice PYUSD below $X those same positions flip under-collateralized triggering automatic liquidations and unrecoverable bad debt. - Oracle disruption: Chainlink or Pyth feeds could lag desync or halt as liquidity and prices collapse breaking every health factor tied to them. - Ecosystem contagion: PYUSD liquidity flows through DEXs"
X Link @idobn 2025-10-16T20:31Z XXX followers, XXX engagements
/creator/twitter::51404676/posts