Register and share your invite link to earn from video plays and referrals.

Resolv Labs
@ResolvLabs
Transparent dollar products backed by diversified crypto yield sources.
Joined June 2023
38 Following    41.4K Followers
Over the past weeks, Resolv has been actively working with affected counterparties and ecosystem participants to move the recovery process forward across both pre-incident and post-incident user groups. As part of this process, we have reached a shared understanding with @0xfluid on the path forward, as one of the key counterparties impacted by the post-incident dynamics. This reflects constructive dialogue and close coordination between the teams throughout the process. The agreed framework differentiates between pre-incident and post-incident exposures: - pre-incident positions with positive equity are expected to be made whole by Resolv - bad debt on positions created after the incident will be shared equally between Resolv and Fluid The settlement execution will be completed on May 11. Aligning with Fluid as the major affected protocol marks an important milestone as we continue discussions with other counterparties and protocols across the ecosystem. Conversations are ongoing and progressing well, and we remain focused on finalizing the broader recovery framework and further updates.
Show more