Important update on the Resolv incident.
Debt repayments have begun on Fluid. LPs have been engaged directly through Fluid & Resolv teams. Starting with Venus Flux & Fluid Plasma.
The remaining debt will be repaid over the coming days.
We are working closely with the @ResolvLabs team to ensure a smooth and straightforward process for users.
100% of user assets on Fluid remain fully secured. All markets continue to operate as intended. Smart contracts are safe. Users may experience temporary rate volatility while positions are being unwound — this is expected.
→No user action is required at this time.
We will continue to provide updates as the situation progresses.

Fluid
@0xfluid
03-23
Update on the Resolv incident:
The Fluid team has secured short-term loans to cover 100% of the bad debt currently in the protocol. These funds were secured with commitments from @Lomashuk from @cyberfund, @weremeow, and the Fluid core team, ensuring that no user funds are at x.com/ResolvLabs/sta…
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