Resolv Hack Incident Concludes》Official Announcement of USR and RLP Token Compensation Plan, Pivots to Launch RWA Platform Vault Street

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After two months of downtime following the hack, Resolv has finally provided an explanation and announced a transformation. Resolv Foundation today (26th) released the final recovery plan for the March security incident. Following its underlying design, USR (Senior tranche) holders are prioritized for 1:1 redemption to USDC, while RLP (Junior tranche) holders, who absorbed the losses, will recover approximately 60% of value through cash and token compensation. Notably, Resolv announced it will bid farewell to the past and launch a brand-new business line "Vault Street," fully entering the tokenized (RWA) market, with its debut product primeUSD scheduled for full launch in June. (Background: Another stablecoin depeg! USR once plunged to $0.3 as Resolv protocol suffered a minting vulnerability attack) (Context: YC CEO shares AI tips: The future belongs to those who build information compounding systems) After the severe security incident on March 22, 2026, caused by illegal token minting, DeFi protocol Resolv has undergone more than two months of restructuring and finally submitted a complete plan to the community yesterday (May 26, 2026). Resolv Foundation officially emphasized that the team has continuously coordinated with all affected users during this period, adhering to the principle of "only communicating publicly when there is substantial progress" to avoid issuing empty promises that cannot be fulfilled. Effective immediately, a 3-month compensation application window has officially opened. Strict Adherence to Dual-Layer Architecture: USR Receives 1:1 Compensation, RLP Absorbs Losses The core of this recovery plan is fully executed according to Resolv's initial dual-tranche design: USR, as the Senior tranche, receives priority protection, while RLP, as the Junior tranche, acts as an insurance layer, absorbing the incident losses first. For different affected parties, officials provided detailed compensation specifics and ratios: - Direct holders of USR / wstUSR: Based on the snapshot, users who held tokens before the incident can redeem assets at a ratio of 1 USR to 1 USDC (KYC required); for portions held after the incident that were mixed with illegally minted tokens, the redemption ratio is 1 USR to 0.5 USDC. - USR / wstUSR LP providers: Processed according to the actual composition at the snapshot. Unleveraged LPs receive approximately 75% average cash recovery, plus RESOLV token subsidies, with total value recoverable to 95% of the initial amount; leveraged LPs have relatively lower recovery rates after debt deduction. - RLP holders: As the risk-bearing layer, each RLP can be redeemed for 0.71 USDC (price reset to 55% of the pre-incident reference price), with an additional 2.71 RESOLV token subsidy, bringing the overall value recovery rate to over 60%. - Other structured products: For example, wstUSR products on Pendle will be converted back to wstUSR and processed at the pre-incident 1:1 ratio; USR Yield Maxi Vault can recover 90% of the pre-incident share price. To compensate users for their losses, the Foundation has specifically allocated 10% of the total supply of RESOLV tokens for the recovery plan (with 70% allocated to RLP holders). The reference price is set at $0.03, and if compensation exceeds 10,000 tokens, it will be linearly unlocked over 24 months. A New Chapter: Entering Institutional-Grade RWA with the Launch of Vault Street While addressing legacy issues, Resolv also officially announced a major strategic transformation of the protocol. The team announced the launch of a new business line, Vault Street, which will focus on the distribution and innovation of "tokenized real-world assets (RWA)" going forward. Vault Street's flagship debut product, primeUSD, is a Permissioned leveraged RWA product. Designed specifically for institutions and professional allocators, the product allows users to deposit stablecoins, with the protocol investing the funds in tokenized Treasury bills (T-bills) and applying controlled leverage within secure DeFi money markets. Officials emphasized that the new architecture will adopt institutional-grade custody and strict permission controls, significantly reducing single-point-of-failure risks to ensure security. Currently, primeUSD has entered the private Beta testing phase and is expected to be fully open to the market in June 2026. Finally, officials also confirmed that the role of the RESOLV token within the ecosystem will remain unchanged. Its staking function has been re-enabled in the application, and starting May 26, staking rewards of 300,000 RESOLV per epoch have begun to resume distribution. This marks Resolv's official farewell to the dark chapter of being hacked and a full transition to the new battlefield of RWA.

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