To clarify:
Repaid $8m in Resolv positions that had bad debt.
Drew $8m from USDC and USDT depositers.
Different parties, different risk tolerances. All done without the USDC and USDT depositers being made aware.
It does not just net to 0, not even close.

We repaid 8m and drew 8m
The net of this action is 0.
There is still 8m missing which will be repaid asap - currently in governance vote set to complete in a day or so.

beeshal 

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