The Resolv Foundation has announced an attack resolution plan and launched the RWA vertical, Vault Street.
BlockBeats News, May 27th. According to official sources, the Resolv Foundation has released the complete recovery framework after the protocol security incident. Previously, on March 22, 2026, the protocol suffered a security vulnerability attack, resulting in illicitly minted USR tokens entering the market. The protocol was then paused and entered recovery mode. Resolv stated that USR is designed as the "senior layer" stable asset backed by collateral, while RLP serves as the "insurance layer" to absorb losses. Under the recovery plan, pre-attack USR/wstUSR holders will be exchanged for USDC at a 1:1 ratio, while USR acquired after the attack will be handled at a 1:0.5 USDC ratio; RLP holders will recover approximately 60%+, with some compensation distributed in the form of RESOLV tokens. The official team has also opened a three-month window for claims.
Meanwhile, Resolv has announced the launch of a new business line, "Vault Street," managed by the Resolv Foundation, focusing on the distribution of tokenized real-world assets (RWA) and structured income products. The first product, primeUSD, has entered the private testing phase, targeting professional institutional investors and allowing users to participate in leveraged U.S. bond yield strategies using stablecoins. Resolv stated that this product combines traditional financial structured financing expertise with on-chain DeFi infrastructure to build an institutional-grade RWA income distribution platform.
Furthermore, the RESOLV token functionality remains unchanged, and staking and unstaking features have been restored, with reward distribution resuming on May 26th. Resolv emphasized that it will continue to advance Vault Street product extensions, security architecture upgrades, and institutional asset on-chain infrastructure development, stating that "the phase from protocol launch to the security incident has ended, and Vault Street will usher in a new chapter for Resolv."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
August 31 ETF Flows Bring $217M Into Bitcoin Funds
Brimstone intrinsic NAV rises 11.7% to 1,103.8 cents a share for six months ended June 2026
Good Purpose Investments engages Atrium Research for equity coverage at $10,500 per quarter
Mahindra moves to take possession of first 800 acres for Nagpur greenfield plant
