At 2:21 AM UTC, Resolv’s USR contract experienced an exploit where $50M Resolv USD (USR) was minted for approximately $100,000 USDC.
We will share additional updates as the team responds to the active situation and manages liquidity. Most Gauntlet vaults are unaffected.
A few high-yield vaults had limited exposure. We are working to monitor liquidity and will continue to share updates.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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