RESOLV Completes March Incident Compensation, Shifts Focus to Vault Street Business Operations
RESOLV Foundation finalizes user payouts using 9% of total supply after March security incident. Strategic pivot now targets Vault Street's primeUSD launch with tokenized bond collateral.
Woofun AI reports that the RESOLV Foundation has largely concluded compensation efforts for the March 22 security incident, utilizing 9% of the total RESOLV supply with 70% allocated to affected RLP holders. With settlements nearing completion, the foundation redirects its operational focus toward Vault Street. Scheduled for a June 2026 launch, Vault Street’s core product, primeUSD, utilizes an investment-grade collateral leverage arbitrage strategy involving tokenized treasury bonds like USTB and JTRSY, alongside the Janus Henderson AAA CLO fund JAAA. The protocol plans to gradually increase leverage ratios from 10% to a maximum of 30% via Aave Horizon, targeting an annualized net yield between 5% and 8%.
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