🧩Circuit Breaker & Linear Compensation

The circuit breaker acts like an electrical fuse:pause new mints, preserve the redemption queue, and concentrate liquidity on outstanding payables. If near-term reserves are insufficient, the system switches to linear compensation in Points, paying out over days until fully settled. This sacrifices speed but preserves orderly, fair exits.

• Entry.Extreme deviations, hard reserve thresholds breached, or stabilizer repeatedly maxed out.

• Execution.Halt new mints and any “yield-like” distributions; maintain redemptions and activate linear Points compensation.

• Exit.Joint gate of price + reserves + time; or early exit via high-threshold governance.

• Transparency.Start/stop times, queue length, payout progress, and daily compensation releases are public on the dashboard.