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Resolv Labs
@ResolvLabs
Now building Vault Street, institutional RWA yield products.
Joined June 2023
39 Following    40.6K Followers
Update on illicitly minted USR supply reduction Of the total 80M USR illicitly minted during the exploit on March 22, 2026, approx. 46M (~57%) has been permanently removed from circulation through a combination of burns and blacklisting. As a result, no illicitly minted assets remain on exploiter-associated addresses that could be further transferred or converted. Multiple steps have been taken to reduce the amount of 80M illicitly minted USR: → ~9M USR was burned across two transactions on March 22 • • → Another ~36M USR held by exploiter-associated wallets in a form of wstUSR was blacklisted. This was accomplished via a wstUSR contract upgrade, which required a 72-hour timelock initiation due to contract-level constraints. • → Remaining exploiter-held USR has been burned. •
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