Due to the USR recovery process ending in late August, HyperLend will be shutting down our USR market on the 10th of August. There is less than $2000 USR debt on HyperLend and there are no loans backed by it, which means there is low risk to the protocol. With this in mind the protocol will forcefully liquidate all borrowers with over 100 USR borrowed (2 users, see wallets in second tweet) if they do not repay before the August 10th deadline. The total Debt of other users is under $10 in total and will be repaid by the HyperLend treasury. Depending on your jurisdiction liquidations may incur taxable events. Liquidations will be executed at 0.5 USD (recovery value, which is higher than market price) so we advise both users to repay their positions before the deadline. USR Suppliers do not need to take immediate actions in response to these liquidations. While utilization of the market is at 100%, you can swap to USR using the Escape Hatch function on our app. This function can be found under the Withdraw tab on HyperLend, with a direct link in the tweet below. USR Suppliers will be able to withdraw from the market after the liquidations take place.