The Big Red Button
summary
Defines a “big red button” as a mix of on‑chain functions (Aave V3 per‑pool pause, Compound emergency admin, Yearn guardians and capped strategies), off‑chain war rooms and alerts, and human roles: emergency admin (multisig to pause), operators and governance with asymmetric unpause, plus a public repo with three security levels showing pause-withdraw, governance-only emergency ops and a full security level 3 mode that reroutes withdrawals. Offers a Primitive Finance post‑exploit case where lack of a button forces guided self‑wipe, and recommends simulating triage under 50 minutes.
AI-written summary · about
chapters (12)
- 0:00Intro
- 0:28Agenda
- 0:49About Emiliano
- 1:23Context
- 1:43Security
- 2:18Prepare
- 2:46Big Red Button
- 3:25What is a Big Red Button
- 4:31Immutable Protocols
- 9:20Security Levels
- 12:19Takeaways
- 14:45Questions
