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Fluid
03-25

Update on the Resolv incident: Debt repayment is ongoing and will continue until 100% of affected user funds are covered. As of today: • ~$70M of USR-related debt on BNB and Plasma chains has been repaid. The remaining debt will be settled over the coming days. • A governance proposal to transfer the remaining USR debt positions to the team multisig, to further settle them with the Resolv team, has been published on-chain. • A compensation plan for all affected USR users will be shared shortly. All Fluid markets are safe and operate as intended. All user funds remain secure. We will continue to provide daily updates as the situation progresses.

Fluid
@0xfluid
03-24
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 x.com/0xfluid/status…
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