Incident Response Flow

Ledgity is built to operate reliably under normal conditions, but the protocol also includes a defined response framework for anormal or unexpected situations. The goal is always the same:

Protect user funds first. Stabilize the system second. Restore normal operation responsibly.

Incident response applies to both:

  • On-chain irregularities (unexpected contract behavior, exploit attempts, liquidity anomalies)

  • Off-chain disruption (delays in RWA repayment, market stress affecting liquidity timing)


Detection

Monitoring occurs continuously at multiple levels:

Source
Type of Monitoring

Smart contract event tracking

Withdrawal, mint/burn, and state anomalies

Liquidity buffer monitoring

Sudden or large outflows

RWA repayment schedule tracking

Expected vs actual cash flow reconciliation

Automated alerts & dashboards

Internal operational monitoring

Community + partner escalation

Open reporting channels via Discord / Telegram

If anormal behavior is detected, the Council is immediately alerted.


Initial Action: Temporary Pause

The protocol includes a Global Pause mechanism that allows deposits and withdrawals to be temporarily stopped.

  • This does not move funds

  • It only prevents new inflows/outflows until conditions are reviewed

This mechanism prevents cascading effects during uncertainty.

Pause may be triggered when:

  • Liquidity buffer is unexpectedly depleted

  • Off-chain repayment delays exceed predefined tolerances

  • Smart contract inconsistencies are detected

  • Security audit or exploit alerts require investigation


Assessment & Diagnosis

Once paused, the Council performs structured investigation:

Area Reviewed
Purpose

On-chain contract state

Confirm integrity and balance correctness

Vault accounting vs. PPS

Ensure yield calculations remain valid

RWA portfolio cash flow

Confirm repayment schedule status

Custody and banking operations

Ensure off-chain balances are intact

If needed, external security or financial auditors may be engaged.


Resolution Actions

Depending on the diagnosis:

Scenario
Action

Smart contract anomaly

Patch and redeploy through audited upgrade path

Liquidity shortage due to timing

Coordinate scheduled repayment release

RWA repayment delay

Communicate adjusted withdrawal timeframes

Confirmed malicious exploit

Execute defensive withdrawal, coordinate fund protection, publish forensic report

The priority is protecting capital, not rushing to reopen operations.


Communication

Transparent communication is critical. Users are informed through:

  • Discord announcements

  • Telegram updates

  • Website banner (if needed)

  • Formal written post-mortem (for major incidents)

  • DAO governance update

No silent interventions. No hidden decisions.


Resumption

Once the system is confirmed stable:

  • The pause is lifted

  • Regular withdrawals and deposits resume

  • A summary of findings is provided to the DAO

  • If applicable, governance proposes long-term mitigation adjustments

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