Fluid: Repaid approximately $70 million in USR-related debt, will continue to advance Resolv incident user compensation

BlockBeats News, March 25 — DeFi protocol Fluid announced that the debt repayment work caused by the Resolv hack is still ongoing, aiming to cover all affected users' funds. Currently, approximately $70 million USD worth of USR debt on the BNB and Plasma chains has been repaid, with the remaining expected to be settled in the coming days.

In addition, a governance proposal has been published on-chain to transfer the remaining USR debt positions to the team multi-signature address, facilitating further liquidation with the Resolv Labs team. Compensation plans for all affected users will be announced soon. The platform's market operations are normal, and user funds remain secure.