Search results for "FLUID"
Today
01:27

Fluid Obtains Short-Term Loan to Cover 100% of Protocol Bad Debt, User Funds Secure

The Fluid team has secured short-term loans covering 100% of non-performing debt to ensure user funds safety. ResolvLabs will handle USR positions prior to the security incident, and investors intend to increase FLUID holdings to strengthen protections. Smart contracts are functioning normally, market operations are stable, with potential interest rate fluctuations possible.
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FLUID-8,64%
09:47

Fluid Suspends USR Market Trading Due to Resolv Hack Incident, Commits to Full Compensation for Potential Bad Debts

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.
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FLUID-8,64%