defirisk.co
rubric v1.7.0

First-depositor / share-inflation guard

Usual (USD0 / bUSD0 / USUAL)'s assessment for RD-F-075 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Not_applicable per PD-024 (lending-only factor). Same reasoning as RD-F-074: bUSD0 is a 1:1 lock-and-mint bond with no share-ratio accounting. There is no first-depositor share-inflation attack surface. DaoCollateral mint path issues USD0 1:1 against collateral value, not against a share ratio that can be diluted by donation.

Sources #

  • Internal
    Protocol profile §3 — DaoCollateral and bUSD0 contract addressesProfile 00-profile.md §3 — DaoCollateral at 0xde6e1F680C4816446C8D515989E2358636A38b04 (mint/redeem); bUSD0 bond mechanism at 0x35D8949372D46B7a3D5A56006AE77B215fc69bC0; no share-ratio accountingretrieved 2026-05-17
  • Docs
    Usual docs — USD0 minting mechanismdocs.usual.money/llms-full.txt — USD0 minting is 1:1 collateral-backed; no share-ratio mechanism in DaoCollateralretrieved 2026-05-17

Methodology #

Determine whether the vault has a first-depositor guard (seed deposit on deploy, virtual-share offset, or floor-check).

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol usual factor RD-F-075 score not_applicable collected_at 2026-05-16 20:39:44