As the mitigation process continues, we want to provide clarity on an important point. We strongly advise against trading or acquiring USR at this time.
Onchain data indicates that illicitly minted USR has mixed with pre-hack USR across many wallets and continues to change hands on secondary markets.
USR created illicitly by the exploiter was never backed by collateral and carries no redemption rights. Any transactions at this time carry a risk of involving illicit tokens and add complexity to the recovery process.
We are in the early stages of evaluating recovery options for affected holders and cannot make guarantees, but any relief that may ultimately be available could be limited by continued trading activity.
We are working closely with affected protocols to develop a resolution plan and will share details when ready.