Discrepancy Resolution Procedures

Discrepancy resolution procedures are the predefined steps taken when a mismatch is detected between a user's records and the blockchain's state. These procedures are critical for maintaining trust in decentralized financial systems.

They may involve manual review of transaction history, communication with protocol administrators, or, in some cases, governance-led interventions to correct errors. For complex derivative positions, these procedures might include analyzing the oracle data that influenced the trade or investigating if a specific smart contract function failed.

Having clear and transparent resolution procedures helps mitigate the risks of technical failures and ensures that users have a path to address and rectify inaccuracies in their financial records.