Liquidity stress
Simulation of withdrawal pressure, thin markets, slippage and constrained liquidation capacity.
Economic security research examines how market structure, participant incentives and liquidity constraints interact with technical mechanisms under stress.
The work is organized around falsifiable properties and observable failure conditions, not a generic checklist.
Simulation of withdrawal pressure, thin markets, slippage and constrained liquidation capacity.
Analysis of feasible price distortion given market depth, observation windows and attacker capital.
Modeling of feedback between collateral decline, forced sales, bad debt and reserve depletion.
Evaluation of issuance, redemption, reserve composition and peg-recovery mechanisms.
Review of whether rational participant behavior supports or undermines intended outcomes.
Evidence-based assessment of collateral factors, caps, fees, delays and safety buffers.
Define what is inside the claim.
Record authority and dependencies.
Seek states that invalidate intent.
Preserve evidence and counterexamples.
Reconcile corrections with the property.
Define the system version, operating context and evidence required from the engagement.
Set the boundary