★ Sudden admin-rescue/ACL change without discussion
BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-123 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Proxy exposes setTarget() and setOwner() with no timelock; no public governance forum or GitHub. Any upgrade occurs without public discussion by design. Securitize is SEC-regulated with internal change-management — not the insider-implant class this factor targets. Yellow: institutional-substitute controls.
Sources #
- URLhttps://www.sec.gov/Archives/edgar/data/2034269/000121390025113656/ea0266517-425_cantor2.htmretrieved 2026-04-26
- https://etherscan.io/address/0x7712c34205737192402172409a8f7ccef8aa2aec#coderetrieved 2026-04-26
Methodology #
Determine whether any admin-rescue function or ACL change was committed to the repo or executed on-chain without corresponding public discussion in issues, PRs, or governance forum.
See the full factor methodology and distribution across all protocols →