Fluid Covers $21M Bad Debt After Resolv Exploit, Outlines Recovery Plan

TLDR: The March Resolv exploit minted $80M in uncollateralized USR, leaving Fluid with roughly $21M in bad debt. Bad debt was split among Resolv ($9.7M), Fluid’s treasury ($8.2M), and the core team ($1.5M) for full coverage. Fluid will pause FLUID buybacks and cut token emissions to prioritize treasury rebuilding and reduce sell pressure. Upcoming launches [...]

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