Fluid: 100% of bad debts are covered in the short-term loan coverage agreement, and user funds are not affected

Fluid stated on platform X that the team has secured a short-term loan sufficient to cover 100% of the bad debts currently in the agreement. These funds are committed by Lomashuk, cyberfund, weremeow, and the Fluid core team to ensure the safety of user funds.

ResolvLabs has confirmed that it will cover all USR positions generated before the security incident occurred and will open the necessary redemptions to close the related debt positions. Additionally, several investors have expressed interest in purchasing FLUID from the treasury when additional funds are needed to further strengthen the protocol's backup support. The Fluid smart contracts are operating normally, all other markets are functioning properly, the protocol safeguards remain effective, and users may encounter temporary interest rate fluctuations during the liquidation period.