Fluid: 100% of user funds with non-performing debt in short-term loan coverage agreements will not be affected

Fluid posted on the X platform saying that the team had obtained short-term loans, enough to cover 100% of the current non-performing debt in the agreement. These funds are committed by the core teams of Lomashuk, cyberfund, weremeow and Fluid to ensure the safety of user funds. ResolvLabs has confirmed that it will cover all USR positions created before the security incident and will open up necessary redemptions to close related debt positions. In addition, multiple investors have expressed interest in purchasing FLUID from the treasury when additional funds are needed to further strengthen the backup guarantees of the agreement. Fluid smart contracts are operating normally, all other markets are operating normally, agreement safeguards are still in effect, and users may experience temporary interest rate fluctuations during the closing period.