ESD loses durable peg relevance and is superseded — Stablecoin Event

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.

Date	Not yet recorded
Public event category	Depeg and peg stress
Canonical event subtype	Peg Failure and Protocol Supersession
Structured detail kind	Termination
Stablecoin subjects	Empty Set Dollar
Organization subjects	Empty Set Squad
Impact	Critical
Effect on stablecoin lifecycle	Collapsed or failed
Canonical status-effect value	Failed
Recovery or reversal	Not applicable
Recovery date	Not Applicable
Cause or mechanism	Original ESD design no longer functions as a relevant stable asset system; exact terminal date is unresolved.
Structured detail coverage	Structured fields available below
Record confidence	Medium

Date: Not yet recorded
Public category: Depeg and peg stress
Canonical subtype: Peg Failure and Protocol Supersession
Structured detail kind: Termination
Impact: Critical
Status effect: Collapsed or failed
Recovery: Not applicable
Recovery date: Not yet recorded
Cause or mechanism: Original ESD design no longer functions as a relevant stable asset system; exact terminal date is unresolved.
Record confidence: Medium

Affected records

Stablecoin and organization subjects remain separate record groups.

Stablecoin subject

Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.

Organization subject

Open the organization record for roles, relationships, events, evidence, and unknowns.

Typed record

Event-type-specific facts remain visible with explicit value states.

Structured event detail

Termination detail — Summary	Original ESD design no longer functions as a relevant stable asset system; exact terminal date is unresolved.
Termination detail — Status	Collapsed

Termination detail — Summary: Original ESD design no longer functions as a relevant stable asset system; exact terminal date is unresolved.
Termination detail — Status: Collapsed

Provenance

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.

3 source identities · 3 evidence relations
Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
Empty Set V2 Audit Published 2021-03-03	OpenZeppelin	Research or security report Canonical: Security Audit	Independent third-party source	Secondary source	Identity, Protocol Model, ESD, sESD, Entity and Model	Archive index or wildcard	High
Empty Set protocol repository Published Not yet recorded	Empty Set Squad	Technical documentation or repository Canonical: Official Repository	Technical primary source	Primary source	Successor Architecture, Protocol Repository, Protocol Lineage	Archive index or wildcard	High
Empty Set V2 audit by OpenZeppelin Published 2021-07-09	Empty Set Dollar	Official statement or announcement Canonical: Official Blog	Subject-controlled source	Primary source	V2, Historical Protocol, Protocol Version	Archive index or wildcard	High

Maintenance

Use the documented correction path and methodology.