We are aware of the incident affecting Resolv earlier today. Fluid automated ceilings prevented excessive borrowing of the funds, and USR markets have been paused. These safeguards worked as intended to contain the situation. In case of any remaining bad debt on Fluid, all user losses will be fully covered. User funds and protocol safety remain our top priority. We’re conducting a full review and will share a detailed post-mortem once the investigation is complete.
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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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