On-chain events
Security incidents, control changes, governance votes, upgrades, launches, and closures, each with its primary sources. Confirmed facts are listed apart from open claims.
Morpho market for PT-sUSDS goes live, and a Sky.money vault allocates to it
Holders can now borrow USDS at a variable rate against PT-sUSDS and run leveraged loops. The curated vault can send depositors' USDS into the new market.
Rocket Pool outlines Saturn 2 withdrawals, penalties and a cut in RPL issuance to 2.5%
The package would let holders withdraw rETH through the protocol, backed by validator exits.
Grove proposes cutting its JTRSY reserve ratio to 25% from 100%
If it executes, Grove would gain new Uniswap liquidity and swap capacity.
Rocket Pool RPIP would cap RPL inflation at 25% a year and widen quorum ranges
The proposal sets possible new limits, including a 25% annual cap on RPL inflation and wider quorum ranges.
Rocket Pool poll backed replacing Snapshot with RocketDash, 20-0
The move to RocketDash is now a formal proposal ready for review and a vote.
sky.money plans two new Morpho markets and a move off its old sUSDS/USDT market
The new sUSDS/USDT market uses a 96.5% LLTV and caps the USDT price in its oracle at $1.00.
Lido oracle missed a 32 ETH deposit after the SRv3 release
The July 26 rebase included the missing balance.
Axelar raises the governance proposal deposit 75-fold to 150,000 AXL
The ordinary minimum deposit rises 75-fold and the expedited minimum about 133-fold. A holder now needs far more AXL to start a vote.
BA Labs recommends an 8 basis point cut to the Sky Savings Rate
A specific rate proposal entered Sky's process for setting rates. If it executes, savers would earn less and borrowers would pay more.
Birch Hill launches an RWA USDC vault on Morpho with a 62.5% LLTV
The launch adds a curator-run Morpho vault. Its first market is GRO/USDC, which takes tokenized equity in a private multifamily REIT as collateral, prices it with a Chronicle NAV oracle and sets a 62.5% LLTV.
Morpho launches Midnight, a fixed-rate, fixed-term lending protocol
Morpho now offers fixed-term loans as a separate product alongside Blue's variable-rate, open-term markets. At launch it covers cbBTC/USDC on Base.
Lido Snapshot vote approves penalty rules for Curated Module v2 operators
The Curated Module Committee can now use a General Delayed Penalty to lock an amount from an operator's bond.
Spark proposed raising its freezer multisig to 2-of-4 and replacing a signer
Governance is now reviewing a proposed change to who controls the freezer. The proposal gives new evidence on the freezer's signers and the threshold Spark intends.
Aave ARFC proposes adding USDai and sUSDai on Arbitrum with 55 million caps
The proposal would let Aave take exposure linked to the USD.AI credit product, which Ketju does not approve. Ketju would need to review both memos before any change executes.
Aave ARFC proposes adding Maple's syrupUSDC as Ethereum Core collateral at 90% LTV
The proposal would let Maple private credit, which Ketju does not approve, serve as collateral in an Aave market that Ketju approves with limits.
Axelar moves admin power over 35 Amplifier contracts to a multisig
Governance gave one new address the power to upgrade gateway, routing, voting, rewards, service-registry, multisig and Interchain Token Service contracts.
Lido receives a proposal for a separate permissionless 0x02 staking module with a 20% combined cap
The proposal sets out a two-stage design for deposits and top-ups. It seeks a 20% combined cap on stake for the existing and proposed CSM instances.
Presto launches two USDC vaults on Morpho
Presto now manages two USDC vaults with different risk mandates.
Axelar voters backed a non-binding plan to freeze and recover the bridge attacker's funds
The community put its intent to recover the funds on-chain. It authorized contributors to prepare a later binding proposal that sets out the freeze, custody and redistribution steps.
Axelar approved moving ownership of ITS contracts on 21 chains and four Amplifier gateways
Governance authorized a wide cross-chain move of ownership and administrative control to AxelarServiceGovernance.
Rocket Pool proposal RPIP-83 sets a 6 ETH bond for new megapool validators
Rocket Pool governance is now considering this in place of the planned lower bond. The proposal responds to weak rETH demand and the need for withdrawal liquidity.
DeFi Saver adds one-step looping for PT-USDG on Aave v3
Users can now have DeFi Saver automate a new fixed-maturity collateral position and a leveraged loop.
Axelar moved admin control of its ITS, Router and Multisig contracts to a new address
The permission-control administrator for the Interchain Token Service, the Router and the Multisig moved from axelar1nctnr9x0qexemeld5w7w752rmqdsqqv92dw9am to axelar1kctshqfxw74usjme9mqlvkf0rgdh96ty0mmm6p.
Axelar lets an emergency multisig upload and upgrade CosmWasm code
The emergency address axelar14vps3ev03zyp2wmj89etx8rrxdxyltfy4rzl5m can now upload code, and instantiate or migrate contracts by default, without a full governance vote.
Axelar gives a 3-of-6 multisig the power to upgrade its XRPL contracts
The power to migrate the contracts moved from axelar1nctnr9x0qexemeld5w7w752rmqdsqqv92dw9am to the 3-of-6 multisig axelar14vps3ev03zyp2wmj89etx8rrxdxyltfy4rzl5m.
Scope
Ketju lists an event here when it can change a Ketju memo, a position a client holds, something that position depends on, or the records an advisor should keep. Each entry names the stage the event has reached: reported, proposed, approved, executed, contained, recovered, or explained in a postmortem.
Corrections
Ketju never edits a published version. A recovery, a postmortem, a corrected loss figure, or a changed reading becomes a new version at the same address, and every earlier version stays in the JSON file.
Educational research for financial professionals. Not investment, legal, tax, or compliance advice. An event here does not mean a product is suitable or approved.