According to official announcements, the Resolv Foundation has released a recovery framework for the protocol security incident. USR holders will be eligible for a 1:1 exchange rate to USDC prior to the attack and a 1:0.5 rate after the attack; RLP holders will recover approximately 60% or more, with partial compensation distributed in RESOLV tokens. The claims window is open for three months. Meanwhile, Resolv has launched its tokenized real-world assets (RWA) business line, Vault Street, with its first product, primeUSD, currently in private testing, offering leveraged U.S. Treasury yield strategies for institutional investors. The RESOLV token staking function has been restored, and reward distributions will resume on May 26.
Resolv Foundation Announces Recovery Plan and Launches Vault Street
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Summary
The Resolv Foundation announced a protocol update detailing a recovery plan for affected token holders. USR can be exchanged at a 1:1 rate prior to the attack and 1:0.5 after, while RLP holders receive over 60% recovery plus RESOLV compensation. Claims are open for three months. The foundation also launched Vault Street, a real-world assets (RWA) news initiative, with primeUSD in private testing for leveraged U.S. Treasury strategies. RESOLV staking has resumed, with rewards restarting on May 26.
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