Fluid Secures Short-Term Loan to Cover Debt and Ensure User Safety

Fluid announced on the X platform that the team has secured a short-term loan sufficient to cover 100% of the current bad debt within the protocol. According to Odaily, the funds have been pledged by Lomashuk, cyberfund, weremeow, and the core Fluid team to ensure the safety of user funds. ResolvLabs has confirmed it will cover all USR positions generated before the security incident and will open necessary redemptions to close related debt positions. Additionally, several investors have expressed interest in purchasing FLUID from the treasury if additional funds are needed to further strengthen the protocol's backup security. Fluid's smart contracts are operating normally, and all other markets are functioning as expected. Protocol safeguards remain effective, although users may experience temporary interest rate fluctuations during the closing of positions.