News
Fluid: Has repaid US$70 million in USR-related debt, user compensation plan to be announced soon
en
Fluid DeFi protocol announced on X on March 25th that debt repayment efforts from the Resolv hack are ongoing and will continue until all affected user funds are covered. To date, approximately $70 million in USR-related debt on the BNB and Plasma chains has been repaid, with the remaining debt to be settled in the coming days. A governance proposal to transfer the remaining USR debt positions to a team multisig wallet for further settlement by the Resolv team has been put on-chain. A compensation plan for all affected USR users will be announced soon. Fluid stated that all market operations are normal and user funds remain secure.