Fluid: USR market has been suspended, will fully compensate for potential bad debt losses

Odaily Planet Daily reports that Fluid posted on X platform stating that the team is aware of the incident earlier today affecting Resolv. Fluid’s automatic limit feature prevented excessive borrowing of funds, and the USR market has been paused. These protective measures worked as intended to control the situation. If there are any remaining bad debts in Fluid, all user losses will be fully compensated. User funds and protocol security are the top priorities. The team is conducting a comprehensive review and will share a detailed incident analysis report after the investigation is complete.

FLUID-18.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin