Resolv Foundation Unveils Recovery Framework for March 22 USR Security Incident: Pre-Event Holders Get 1:1 USDC Redemption

According to PANews, on May 27, Resolv Foundation disclosed a comprehensive recovery pathway for the March 22 USR security incident that triggered a protocol halt. Pre-event USR/wstUSR holders receive 1:1 USDC redemption, while post-event holders get 1:0.5 USDC redemption. RLP reference price resets to 55% of pre-incident level, translating to 1 RLP exchanging for 0.71 USDC plus 2.71 RESOLV tokens per RLP.

The foundation allocates 10% of RESOLV's total supply for recovery, with 70% distributed to affected RLP holders. Eligible users can claim recovery payments between May 26 and August 26. Resolv also launched Vault Street, a new business line focused on tokenized real-world asset distribution, with its first product primeUSD (a leveraged RWA product) entering private testing and set for full public release in June.