Autonomous DeFi Protocol Safeguard Engine

Real-time circuit breaker preventing stablecoin bank runs via Chainlink autonomous monitoring

Risk & Compliance DeFi & Tokenization

What it is

Problem: High-value RWA stablecoins are vulnerable to "bank runs" if reserves are drained via hacks or bad debt, and manual governance is too slow to react.
Solution: An autonomous "Circuit Breaker" powered by Chainlink CRE that monitors USDC reserves on-chain every 60 seconds and freezes the protocol instantly if backing drops below 100.5%.
Impact: It replaces human-dependent "Trust me" models with a "Check-me" BFT consensus model.

How it Works

Smart Contracts: SafeguardCircuitBreaker (receives reports), USDSToken (ERC-20 with pause), ReserveManager (holds USDC)
Chainlink CRE: Workflow runs every 60s, reads reserves+supply via EVMClient, calculates ratio, submits DON-signed report if critical
Security: BFT consensus, replay protection, finalized blocks only
Stack: Chainlink CRE, Solidity, Foundry, Viem, Sepolia

Links

Created by

Subikshan Raj S