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
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→ 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.
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→ Remaining exploiter-held USR has been burned.
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