BlockBeats message, March 31—Resolv co-founder Ivan has released the latest updates on the protocol security incident and the recovery process, covering the following issues:
Why whitelist USR users for redemptions first: Verified wallets allow the team to complete manual operations within 24 hours, thereby limiting further impact on a wider market. Currently, 98% of these redemptions have been completed.
How non-whitelisted incident-era USR holders will be handled: The same commitment to a 1:1 redemption applies. The team is currently finalizing the technical solutions for the redemptions.
Whether insiders manipulated the incident: The investigation is still ongoing. At this time, no evidence of any insider involvement has been found.
How to handle USR holders, LP holders, and RLP holders after the incident: The next steps involve legal, technical, and coordination across an ecosystem of many partners. There is currently no single obvious solution—only a series of trade-offs. Resolv’s goal is to find the most balanced outcome.
The full recovery plan: Pushing the process forward as quickly as possible at a responsible pace.
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