Wu said that DeFi liquidity protocol Fluid released a Resolv incident review stating that in March, Resolv was attacked and maliciously minted approximately $80 million in unsecured USR, causing Fluid to incur about $21 million in bad debt. Fluid stated that the attack occurred outside of Fluid, and its smart contracts and code were not compromised; the related losses have now been fully covered, with the remaining approximately $19.3 million in bad debt to be borne by Resolv (about $9.7 million), Fluid governance treasury (about $8.2 million), and the team (about $1.5 million). As a result, Fluid will suspend FLUID buybacks and significantly reduce or cancel incentives to rebuild the treasury. Future plans include upgrading the oracle and pricing mechanisms, and launching products such as DEX v2, Solana DEX, fixed-rate lending, LaaS, and institutional custody collateral.

FLUID-4.14%
RESOLV6.01%
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