TraceR11 · v1.0
PAXGtransparencygovernance finding
Verified Jun 1, 2026 UTC
proxyOwner() = 0x3Af3e85f4f97De7AD0f000B724Fb77fE5ffc024B. Plain EOA — no Contract tab on Etherscan. Active Paxos operations key: issues Freeze calls on PAXG and BUSD tokens, Schedule Next calls on Global Dollar (USDG). 215 total transactions, funded 1yr 75 days ago. Single EOA controls AdminUpgradeabilityProxy (transparent proxy) upgrades on ~$2.09B token — no multisig, no timelock. Same risk profile as BUIDL and BENJI.
Subject
0x3Af3e8…fc024BPAXG proxy owner — single EOA (Paxos operations key)
Score impact: governance sub-score: single_eoa + transparent_proxy. Same score band as BUIDL/BENJI (~7/25).
Provenance
Evidence ID
051d7fe3-1d30-4f94-95c7-4e979d1ca6cc
Verified
Jun 1, 2026 UTC
Verified by
manual
Confidence
95%
Source
Etherscan address page for proxy owner; transaction history showing Freeze and Schedule Next method calls to Paxos token contracts
Instrument
Methodology
OnChain Benchmark · Trace R11 · Independent · Not investment advice
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