Fluid: Debt repayment efforts are underway and will continue until 100% of affected users’ funds are covered.
According to Foresight News, the DeFi protocol Fluid posted on Twitter regarding the "Resolv Labs attack incident," stating that its debt repayment work is currently ongoing and will continue until 100% of affected users’ funds are covered.
The official statement indicates that approximately 70 million USD of USR-related debt on BNB Chain and Plasma chains has been repaid, and the remaining debt will be settled over the next few days. A governance proposal has already been published on-chain, aiming to transfer the remaining USR debt positions to the team's multi-signature address for further settlement with the Resolv team. A compensation plan for all affected USR users will be announced as soon as possible.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar Index Price Forecast: Needs a decisive move above 100.56 for fresh upside leg

Rising energy prices increase inflation risks, Reserve Bank of Australia expected to implement the fourth rate hike of the year next week
As rising energy prices further highlight upward inflation risks, economists state that the Reserve Bank of Australia will raise its key interest rate next week and warn that there could be another hike in November.
Ark Invest increased its holdings of Meta Platforms shares by approximately 38.15 million dollars yesterday.
British Pound consolidates vs USD; bearish bias remains amid divergent Fed-BoE outlook

