On June 29th, the Resupply protocol official team launched a remedial action proposal in the community to deal with the 10 million ReUSD bad debt problem encountered earlier this week. The proposal outlines a set of governance actions aimed at eliminating the protocol bad debt and providing retention incentives to affected users.
The first phase of measures includes the destruction of 6,000,000 ReUSD bad debts through the insurance pool, accounting for 15.5% of the 38.70 million reUSD in the insurance pool, and the repayment of the remaining $1,131,168 bad debts through the blending of future income sources. At the same time, the proposal also includes shortening the voting time to speed up the decision-making process, and providing an IP retention plan for insurance pool depositors to stay in the insurance pool through additional RSUP token incentives.
Resupply Agreement Issued Emergency Remediation Proposal to Address 10 Million ReUSD Bad Debt
2025-06-29 01:44:05
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