Event record
Record sog_ev_usn_winddown_batch_q
USN enters controlled wind-down
Decentral Bank permanently stopped new USN minting and directed holders to protection and swap routes.
- Date
- 2022-10-24
- Category
- Wind-down and termination
- Subtype
- Shutdown Effective
- Status effect
- Entered wind-down
- Recovery
- Not applicableNot yet recorded
- Evidence
- 2 source records2 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2022-10-24 |
|---|---|
| Public event category | Wind-down and termination |
| Canonical event subtype | Shutdown Effective |
| Structured detail kind | Termination |
| Stablecoin subjects | USN |
| Organization subjects | Decentral Bank |
| Impact | Critical |
| Effect on stablecoin lifecycle | Entered wind-down |
| Canonical status-effect value | Discontinued |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | New minting stopped permanently and holders were directed to protection and swap routes. |
| Structured detail coverage | Structured fields available below |
| Record confidence | High |
- Date
- 2022-10-24
- Public category
- Wind-down and termination
- Canonical subtype
- Shutdown Effective
- Structured detail kind
- Termination
- Impact
- Critical
- Status effect
- Entered wind-down
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- New minting stopped permanently and holders were directed to protection and swap routes.
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.USN
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Decentral Bank
Open the organization record for roles, relationships, events, evidence, and unknowns.
Typed record
Structured detail
Event-type-specific facts remain visible with explicit value states.| Termination detail — Summary | New minting stopped permanently and holders were directed to protection and swap routes. |
|---|---|
| Termination detail — Status | Completed |
| Termination detail — Resolution date | 2022-10-24 |
| Termination detail — Affected deployments | sog_dep_usn_near_batch_q |
| Termination detail — Related organizations | sog_issuer_decentral_bank |
- Termination detail — Summary
- New minting stopped permanently and holders were directed to protection and swap routes.
- Termination detail — Status
- Completed
- Termination detail — Resolution date
- 2022-10-24
- Termination detail — Affected deployments
- sog_dep_usn_near_batch_q
- Termination detail — Related organizations
- sog_issuer_decentral_bank
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| USN wind down message Published 2022-10-24 | Decentral Bank | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Discontinued Date, Lifecycle, Minting Halt, Redemption, Wind Down Minting Halt and Exit Routes | Archive index or wildcard | High |
| NEAR launches USN Protection Programme Published 2022-10-24 | NEAR Foundation | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Reserve Shortfall, Protection Program, Redemption, Lifecycle, Undercollateralization and Protection Program | Archive index or wildcard | High |
USN wind down message
- Publisher
- Decentral Bank
- Published
- 2022-10-24
- Reliability
- High
- Relations
- 1
NEAR launches USN Protection Programme
- Publisher
- NEAR Foundation
- Published
- 2022-10-24
- Reliability
- High
- Relations
- 1
Maintenance