Resolv Foundation Unveils Recovery Plan with Tiered Redemption Rates, Opens Claims from May 26

RESOLV-7.29%
USDC0.04%
According to ChainCatcher, Resolv Foundation unveiled its recovery plan following a protocol security incident on May 26. Users who held and were snapshot-recorded with USR or wstUSR before the incident can redeem them 1:1 for USDC, while post-incident USR or wstUSR holders receive 1:0.5 redemption. RLP positions will be redeemed at 0.71 USDC per token, with additional RESOLV token allocations at a reference price of $0.03. Eligible users can claim recovery funds between May 26 and August 26, 2026.
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