BlockBeats report, on May 27, according to official announcements, the Resolv Foundation has released a comprehensive recovery framework following the protocol security incident. Previously, on March 22, 2026, the protocol was compromised by a security vulnerability that led to the unauthorized minting and market release of USR tokens, prompting the protocol to suspend operations and enter recovery mode. Resolv stated that USR is designed as a collateral-backed "upper layer" stable asset, while RLP serves as the "insurance layer" to absorb losses. Under the recovery plan, USR/wstUSR held prior to the attack will be exchanged at a 1:1 ratio for USDC, while USR purchased after the attack will be redeemed at a 1:0.5 ratio against USDC; RLP holders will receive a recovery rate of approximately 60%+, with part of the compensation disbursed in RESOLV tokens. The official portal has also opened a three-month window for claims submission.
Meanwhile, Resolv has announced the launch of its new business line, Vault Street, managed by the Resolv Foundation, focused on the distribution of tokenized real-world assets (RWA) and structured yield products. The first product, primeUSD, is currently in private beta, available to professional institutional investors, allowing users to participate in leveraged U.S. Treasury yield strategies through stablecoins. Resolv states that the product combines structured finance expertise from traditional finance with on-chain DeFi infrastructure to build an institutional-grade RWA yield distribution platform.
In addition, the RESOLV token functionality remains unchanged; staking and unstaking functions have been restored, and reward distributions resumed on May 26. Resolv emphasized that it will continue advancing the expansion of the Vault Street product, enhancing its security architecture, and building institutional-grade blockchain infrastructure for assets, stating, “The phase from protocol launch to the security incident has concluded; Vault Street will usher in a new chapter for Resolv.”