High — Economic Stabilization

Market Crisis Protocol

Helios Digital • Gold Issuance Facility

Purpose

Prevent panic from becoming insolvency. Protect backing integrity and fairness.

Core Levers (Policy-Defined)

1

Halt Issuance

Stop new mints

2

Redemption Throttle

Queue rate limits, windows

3

Conversion Pause

Fiat/stable conversions if markets broken

4

Liquidity Rollback

Pause adding liquidity, stop incentives

5

Communication Cadence

Publish reserve data + next update time

Triggers

Halt Issuance Triggers (any)

  • Backing ratio uncertainty (reconciliation mismatch)
  • Custody partner disruption
  • Active smart contract exploit suspicion
  • Stablecoin depeg beyond threshold (policy-defined)

Redemption Throttle Triggers

  • Queue exceeds X days
  • Logistics disruption or customs delays
  • Market manipulation detected (mass bot redemption)

Operational Procedures

Daily

  • Supply vs backing reconciliation
  • Merkle snapshot generation (or verification against last snapshot)
  • Redemption queue report

Weekly

  • Stress test: 20% redemption over 7 days
  • Liquidity deviation review
  • Permissions audit

Monthly

  • Custody confirmation cross-check (receipts vs ledger)
  • Admin key review + access attestations
  • Incident tabletop exercise

Quarterly

  • External reconciliation review
  • Contract upgrade review (even if "no upgrades" policy exists)
  • Disclosure refresh

Market Integrity Guidance

Never defend price with discretionary market ops unless explicitly disclosed.

Do defend integrity with transparency: PoR, anchors, redemption policy.

Encourage arbitrage via clear redemption mechanics (when functioning).

Crisis Comms Cadence

SEV13 updates/day minimum
SEV21–2 updates/day

Always include:

  • • Current status
  • • What is paused
  • • Proof link
  • • Next update time