Resolv Protocol Stalls With Attacker An Minting 50 Million Unbacked USR Tokens
Key Takeaways:Resort to Shutting Down as Soon as the Losses OccurInvestigation and Recovery OperationsDetermining the Depreciation of USR Holders
Value of holdings is the major issue to the current users. By the time the amount of units, which cannot be backed up by a stablecoin, reaches 50 million, mathematical confidence in the peg disappears. The team is still yet to give down a time frame on when the protocol will be unpaused and whether the team has a compensation plan on the table.
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