Historical bad-debt events
USDD (Decentralized USD)'s assessment for RD-F-067 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No lending markets, no borrow positions, no bad-debt-socialization mechanism. USDD operates a CDP (collateral → mint stablecoin) model; there is no lender/borrower pair that can generate bad debt in the traditional lending sense. The peg events (June 2022, March 2023) are reserve-management events, not bad-debt events. Data cache hacks: [] confirmed. PD-024 lending-only N/A applies.
Sources #
- InternalUSDD data cache.research/protocols/usdd/00-data-cache.json — hacks: [], borrow.present: falseretrieved 2026-05-17
Methodology #
Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol usdd factor RD-F-067 score not_applicable collected_at 2026-05-17 11:34:18