Historical bad-debt events

Lista DAO's assessment for RD-F-067 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

One documented bad-debt event: Dec 2022 Helio Protocol (predecessor) ~$15M HAY bad debt from Ankr aBNBc oracle-latency cascade. Users were fully compensated (Ankr deployed $15M). Team and operational continuity confirmed through rebrand to Lista DAO. No post-rebrand bad-debt events identified. Yellow: one event with full compensation.

Sources #

URL
Halborn — Ankr and Helio Hacks ExplainedHalborn post-mortem: Explained The Ankr And Helio Hacks, November 2022. Confirms $15M bad debt at Helio and Ankr compensation.retrieved 2026-05-12

Methodology #

Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol lista-dao factor RD-F-067 score yellow collected_at 2026-05-12 17:54:05