gnosis guild 𒆙
gnosis guild 𒆙
1d ago
PYUSD-0.10%
ETH-1.31%
AAVE-8.03%
one unscoped transaction. a trillion tokens accidentally minted not an exploit, but an *operational failure* Zodiac exists to make sure this never happens again.
RYAN SΞAN ADAMS - rsa.eth 🦄
RYAN SΞAN ADAMS - rsa.eth 🦄
2d ago
Did PayPal just mint $300 trillion worth of stablecoins on Ethereum? That's gotta be an intern error
Gallery 1
onchain systems don't forgive human error. without scoped permissions and review, even small mistakes can spiral into systemic chaos.
Omer Goldberg
Omer Goldberg
2d ago
PYUSD is operational and fully backed at a 1:1 ratio. Earlier today, 300 trillion was minted and subsequently burned. We've temporarily frozen PYUSD markets on @aave as we investigate the issue. Funds are safe!
Gallery 1
with Zodiac Roles, you can define who can act and what they can do. critical functions (minting, transfers, upgrades) stay locked behind scoped permissions. no one should be able to move trillions with a single click.
but even scoped actions need verification. Zodiac Pilot lets teams simulate + review complex transaction flows *before* execution catching mistakes before they execute onchain.
Roles and Pilot work together around one principle: permission first, simulate always.
orgs should be taking this very seriously. happy to review setups for teams managing critical onchain operations. reach out. 🔸onchain permissions: 🔸secure execution:
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