Resolv Foundation has published a comprehensive recovery plan for the March 22 USR security incident: USR will be the priority layer, and RLP will serve as the secondary layer to absorb losses. Before the incident, USR/wstUSR will be exchanged for USDC at 1:1; after the incident, the exchange ratio will be 1:0.5. The reference price of RLP will be reduced to 55% of the pre-incident level: 1 RLP = 0.71 USDC, and it will also receive an additional 2.71 RESOLV tokens. The Foundation will use 10% of the total supply for recovery, with 70% allocated to affected RLP holders, who can claim from 5/26 to 8/26 if they meet the eligibility requirements. It also launches Vault Street, with its first product, primeUSD, currently undergoing private testing, and will be made public in June.

MeNews

2026-05-27 01:20:32

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ME News message: On May 27 (UTC+8), Resolv Foundation announced a comprehensive recovery plan for the March 22 USR security incident. Previously, the incident caused illegally minted USR tokens to flood the market; the protocol then paused operations and entered a recovery mode. Under the recovery framework, USR will serve as a priority layer asset, while RLP will take on losses in the secondary layer. USR/wstUSR held before the incident will be exchanged for USDC at a 1:1 ratio, while USR/wstUSR acquired after the incident will be exchanged for USDC at a 1:0.5 ratio. In addition, the reference price of RLP will be reset to 55% of the last reference price before the incident—meaning 1 RLP will be exchanged for 0.71 USDC—and an additional 2.71 RESOLV tokens will be allocated. The foundation said it will set aside 10% of the total RESOLV token supply for recovery, of which 70% will be distributed to affected RLP holders. Eligible users can claim recovery payments from May 26 to August 26. Meanwhile, Resolv has also launched a new business line, Vault Street, focused on the distribution of tokenized real-world assets. Its first product, primeUSD, has entered private testing and is expected to be fully publicly released in June. (Source: ODAILY)

RESOLV0.88%

USDC0.01%

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BittersweetArb

· 4h ago

primeUSD if it can run smoothly, then Resolv's layered architecture is truly a complete closed loop

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MirrorBallGazingAtTheSky

· 7h ago

Is Vault Street's primeUSD private testing launched at this time to divert attention or because they truly have confidence?

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There'sABullMarketInTheGlass.

· 8h ago

USR 1:0.5 This ratio is a bit aggressive, but prioritizing stablecoin holders is also considered an industry norm.

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GateUser-c29c3db9

· 8h ago

If 10% of the total supply is invested, will the selling pressure from RESOLV become apparent during the unlocking period?

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NeonVortexTunnel

· 8h ago

The application window from May to August is three months; stay alert so you don't miss it.

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FeeFiFoFum

· 8h ago

70% of the recovered funds go to RLP, a higher proportion than I expected; this time, the foundation has shown responsibility.

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AuroraStone

· 8h ago

RLP holders receive 2.71 RESOLV + 0.71 USDC; in the long term, whether the token portion can recover is the key.

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Resolv announces USR security incident recovery plan, RLP will exchange at 55% of the reference price

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